Snap General Election: “Sterling has stabilised and is slightly up on the day…”

by | Apr 18, 2017

Share this article

Facebook Open Graph

Shilen Shah, Bond Strategist at Investec Wealth & Investment, said: “After much speculation this morning, the Prime Minister has confirmed that she is calling an early general election to fully implement the Brexit process.

“Following some initial weakness ahead of the statement, Sterling has stabilised and is slightly up on the day. Gilts yields have also been stable, with the 10-year yield hitting a session low of 1.01%.Overall, today’s announcement suggests that PM wants full control of the Brexit process without any interference from the opposition.”



Share this article

Related articles

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode