Tajuk : The pound is treading water after a strong Conservative performance in local elections
link : The pound is treading water after a strong Conservative performance in local elections
The pound is treading water after a strong Conservative performance in local elections
LONDON — The pound is little moved on Friday morning as early counts suggest solid gains for the Conservative Party in local elections held on Thursday in the UK.
With results in 4,851 council seats plus six regional mayoral contests expected on Friday, the elections will give a good indication of how voters are feeling ahead of the general election in five weeks and may signal how big the Conservative Party’s majority will be after the June vote.
Early signs also suggest that the Labour Party will endure big losses across the country, while UKIP looks virtually spent as an electoral force after the Brexit vote.
The pound, however, has failed to react strongly to early results, and by around 8.15 a.m. BST (3.15 a.m. ET) is virtually flat against the dollar, trading at $1.2935, an upward move of 0.1% from the day’s open.
Here is the chart:
Markets Insider
Away from the pound, in focus for the markets on Friday is the monthly jobs report out of the USA. Economists are anticipating a rebound in job growth after an unexpected dip in March capped off what we now know was the worst quarter for the US economy in three years.
You can follow Business Insider’s full coverage of the election results here.
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
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LONDON — The pound is little moved on Friday morning as early counts suggest solid gains for the Conservative Party in local elections held on Thursday in the UK.
With results in 4,851 council seats plus six regional mayoral contests expected on Friday, the elections will give a good indication of how voters are feeling ahead of the general election in five weeks and may signal how big the Conservative Party’s majority will be after the June vote.
Early signs also suggest that the Labour Party will endure big losses across the country, while UKIP looks virtually spent as an electoral force after the Brexit vote.
The pound, however, has failed to react strongly to early results, and by around 8.15 a.m. BST (3.15 a.m. ET) is virtually flat against the dollar, trading at $1.2935, an upward move of 0.1% from the day’s open.
Here is the chart:
Markets Insider
Away from the pound, in focus for the markets on Friday is the monthly jobs report out of the USA. Economists are anticipating a rebound in job growth after an unexpected dip in March capped off what we now know was the worst quarter for the US economy in three years.
You can follow Business Insider’s full coverage of the election results here.
NOW WATCH: Scott Galloway on the biggest thing in tech in 2017: Amazon could eliminate the existence of brands with voice technology
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
✍ Sumber Pautan : ☕ Business InsiderBusiness Insider
Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2pcAKHv
(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!
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Kini anda membaca artikel The pound is treading water after a strong Conservative performance in local elections dengan alamat pautan https://timesnewmalaysia.blogspot.com/2017/05/the-pound-is-treading-water-after.html
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