Trump’s acceptance speech also went a long way to reassuring markets. He was far more conciliatory than expected. He reached out to opponents striking a more moderate tone.
Trump’s acceptance speech also went a long way to reassuring markets. He was far more conciliatory than expected. He reached out to opponents striking a more moderate tone.
The result of this election could create a great deal of uncertainty. In such times, you’d usually see a flight to quality. There are a couple of things that investors are worried about.
As with the first Friday of each month, the Bureau of Labor Statistics (BLS) of the Department of US Labor will release tomorrow its report on the employment situation in the US for the month of June. Job creation is expected to have increased by 174,000, with an unemployment rate at 4.8%.
The BoE also said it was ready to take additional measures if needed. The decline of the currency is certainly beneficial for exports from the United Kingdom, though it penalizes consumption of imported products.