UK fiscal policy and the EU are key differentiators, though BoE policy would likely adjust
The parties have outlined a range of manifesto policies, but the following issues are key in terms of the markets' response, post-election: How quickly the fiscal deficit is cut - manifestos suggest faster under the Cons…
The parties have outlined a range of manifesto policies, but the following issues are key in terms of the markets' response, post-election:
How quickly the fiscal deficit is cut - manifestos suggest faster under the Conservatives, slower under Labour (but the effect could be counter-balanced by later/earlier Bank of England, 'BoE', rate hikes).
Whether an EU referendum occurs, adding prolonged business uncertainty - 'yes' under Conservatives (even with LibDems), 'no' under Labour.
Whether the government is broadly pro-business - the perception is 'yes' under Conservatives, less so under Labour, albeit the LibDems could be a moderating force.
Whether there will be a second election - this risk is especially pertinent if the Conservatives win the most seats but cannot form a government.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
