UK: Politics are still in focus - TDS

Research Team at TDS, suggests that in the UK Politics are still in focus, with both the Labour and Conservative parties in turmoil.

Key Quotes

“Despite a mass resignation of his shadow cabinet, Labour leader Jeremy Corbyn is refusing to step down, and the Labour party is holding a non-binding no confidence vote on his leadership today.

Over in the Conservative camp, they have decided that all nominations for party leadership must be in by Thursday and a new leader will be in place by 2 September, a month earlier than Cameron had initially proposed. Chancellor George Osborne has announced that he will not run for leadership, so it seems most likely that we’ll see a run-off between Theresa May and Boris Johnson.”

Brexit result added to the fog surrounding Fed policy - BBH

Research Team at BBH, suggests that the Brexit result has added to the fog surrounding Fed policy.  Key Quotes “Most had expected the Brexit vote to
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US Dollar weaker, challenges 96.00

The greenback, measured by the US Dollar Index, is trading on a soft note today, hovering over the 96.00 handle ahead of the NA open. US Dollar gives
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