Sterling Unlikely to Extend Gains Materially0957 GMT - Sterling may struggle to extend its gains much further given the market's subdued U.K. interest rate rise expectations, MUFG Bank says. However, the market remains reluctant to price in much further tightening after the rate breaches 1.00%, he says. That will "make it challenging" for sterling to continue rising in the near-term, he says. (renae.dyer@wsj.com)Companies News:Wizz Air Passenger Numbers Rose 30% in 2021Wizz Air Holdings PLC said Tuesday that its passenger numbers nearly quadrupled in December and rose 30% during 2021. (xavier.fontdegloria@wsj.com)Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com(END) Dow Jones NewswiresJanuary 04, 2022 05:41 ET (10:41 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.

Source: Wall Street Journal January 04, 2022 11:07 UTC