GBP News 

British Home Builders And Banks Surge After Conservative Victory

“Investors poured into companies that generate most of their revenue in Britain on Friday, after the Conservatives secured an easy victory in the general election” writes Steve Goldstein for nasdaq.com. Investors poured into companies that generate most of their revenue in Britain on Friday after the Conservatives secured an easy victory in the general election.British home builders including Taylor Wimpey and banks including the Royal Bank of Scotland were among the winners, jumping by double-digit percentages. Source: nasdaq.com

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GBP News Reviews 

GBP Daily Review December 13, 2019

GBP Daily Review for December 13, 2019 GBP/USD surrenders early gains to near 9-month tops, slips below 1.3200 handle The GBP/USD pair failed to capitalize on its early uptick to near nine-month tops and has now retreated back to the lower end of its daily trading ran   GBP/USD, GBP/JPY & EUR/GBP: Charts to Watch as Pound Volatility Soars British Pound implied volatility derived from overnight forex options contracts are at extreme highs and leaves GBP price action at risk of experiencing violent swings amid heightened uncertainty.   GBP/USD loses…

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GBP News 

Five reasons why the party lost the election

“A regular line trotted out by opposition parties, particularly by the Conservatives and the Brexit party during the election was that Labour had taken its traditional working-class support base for granted” writes Kate Proctor for theguardian.com. Labour has suffered one of its worst general election results in living memory with dozens of seats that the party had held on to for decades falling to the Conservatives. Source: theguardian.com

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GBP News 

What happens now Boris Johnson has won the UK general election?

“Boris Johnson has won a huge majority in the UK general election after voters backed his pledge to “get Brexit done” and take Britain out of the EU by January” writes Thomas Colson for businessinsider.com. “The state opening of Parliament will take place with reduced ceremonial elements, as was the case following the early general election in 2017. Source: businessinsider.com

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GBP News 

Citi: British election result ‘probably as good as it gets’

“Equity strategists at Citi said the U.K. election result “is probably as good as it gets.”” writes European Markets Editor for marketwatch.com. The bank said the FTSE 250 MCX, +0.71% could rally even more than the FTSE 100 UKX, +0.79% given its higher exposure to the domestic economy.That said, the bank says it remains concerns about the implications of Brexit for the U.K. economy and is forecasting a mild recession in 2021. The bank also expects more debt-financed M&A and share buybacks as the U.K. cost of equity, at 8.2%,…

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GBP News 

Boris Johnson promises to ‘get Brexit done’ after winning a huge victory in the UK general election

“Boris Johnson has won a huge victory in the United Kingdom’s general election putting Britain on course for a rapid exit from the European Union” writes Adam Bienkov for businessinsider.com. “I will not lead the party in any future general election campaign,” he said at his constituency count in Islington, north London. Source: businessinsider.com

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GBP News 

Conservative win means a January Brexit ‘no question about it’

“Former United Kingdom Independence Party MP Douglas Carswell says a Conservative majority result from the general election will mean the country “is going leave the European Union” at the end of January, “no question about it”” reports news.com.au. Exit polling suggested the Conservative Party is set to gain a commanding majority following a crucial winter general election that saw record voter turnout. Source: news.com.au

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GBP News 

Corbyn most unpopular opposition leader in generation…

“The Brexit Party is predicted to win no seats in the election, but Farage told BBC News: “We’ve used our influence and that’s the important thing.”” writes Robin Millard for yahoo.com. Johnson had gambled in calling an early election, as he remains a polarising figure in Britain thanks to his leading role in the 2016 EU referendum vote for Brexit.Britons had braved winter storms and howling winds as they lined up to cast ballots in Britain’s third election in nearly five years. Source: yahoo.com

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GBP News 

‘This is the Brexit election’: Downer

“Australia’s former High Commissioner to the UK Alexander Downer says he believes the conservatives are best placed to win the election and form government” reports news.com.au. “People do recognise this is the Brexit election, this is the one which will decide whether they will leave or whether there is continual turmoil and they don’t leave the European Union”. Source: news.com.au

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