View Single Post
Old 20-04-2017, 00:28   #112
1andrew1
cf.mega poster
 
Join Date: Dec 2013
Posts: 14,187
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze1andrew1 is cast in bronze
Re: June 8th General Election

Quote:
Originally Posted by pip08456 View Post
Dream on andrew.
Not me dreaming but what the City thinks.

Quote:
The resounding victory for the Conservatives predicted in almost all polls would lessen the influence of the right wing of her party, making a "pragmatic approach through Brexit" more likely, Halpenny added.
http://www.cityam.com/263031/sterlin...rise-statement

Quote:
5:21 pm The markets are betting Theresa May's snap general election will provide greater certainty (and a softer Brexit)
http://www.telegraph.co.uk/business/...e-100-suffers/

Quote:
Today's rise in the pound suggests markets are betting that Theresa May will (a) win and (b) win a bigger majority than she currently has, which (c) will make her less dependent on hardline Eurosceptics in her own party.
The theory goes that all this will allow her room to deliver a softer Brexit, which will be less of a shock to the economic system - hence the pound strengthens.
http://www.bbc.co.uk/news/business-39633479

Quote:
Powering the pound is the prospect that, for the first time since the EU referendum, there is a route map for a soft Brexit, or a more market and economic friendly divorce from the continent.
At first glance that seems implausible given that investors tend to equate snap elections with uncertainty. Yet those investors with political antennas knew that far greater uncertainty lay down the road without one.
The snap election is a calculated gamble by the prime minister to beef up her Commons majority — which stands at 17 — neutralise the extreme Eurosceptics in her party, and strengthen her negotiating stance, says Mr Saravelos.
It also changes the negotiations landscape. A general election slated for 2020 had tied Mrs May to an unrealistic timetable for completing the talks.
https://www.ft.com/content/ff1365c2-...a-538b4cb30025 or Google "Theresa May’s snap election opens new chapter for the pound"
1andrew1 is offline