Sterling hits 1-month low, stocks fall on weak UK data
LONDON, Oct 9 (Reuters) - Sterling fell to a fresh one-month low against the dollar on Tuesday while UK stocks fell after data showed UK manufacturing output fell more than expected and a bigger-than-forecast trade deficit.
The pound fell to $1.6003, its weakest since Sept. 11. More falls would see it target $1.5987, the low hit on Sept. 11.
The UK's FTSE 100 extended falls to trade down 0.3 percent at 5,824.82 points, having traded down 0.2 percent ahead of the release.
(Reporting by Jessica Mortimer and Sudip Kar-Gupta; editing by Anirban Nag)
Keywords: MARKETS UK DATA REACTION