Guy Cohen’s Take on How the Markets Will React to UK Elections, Comey Hearings
Thursday’s UK election is unlikely to yield any real surprises, with the Conservatives most likely to hold onto power despite a lackluster campaign. Any other result would see a plunge in Sterling at the very least.
How the UK Elections Will Affect the Markets
What may more likely to freak out the markets is the James Comey testimony, though the broad contents of that have already been revealed. The likely reaction from Democrats is already factored in. The more pertinent question for the markets is how will Republicans respond?
Doubling U.S. Oil output ensures crude stays low. Find out more here.
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