News

Queen to set out UK PM Johnson's agenda on Thursday - Reuters

The UK PM Johnson’s office released a statement on Saturday, citing that Queen Elizabeth will make a speech on Thursday, setting out Johnson’s legislative agenda following his commanding election victory, per Reuters.

Further Details:

“The so-called Queen’s Speech is used to detail all the bills the government plans to enact over the coming year. 

The Queen’s Speech will also detail plans to provide a better service for rail commuters, greater protection for people who rent their homes, and stop local authorities boycotting products from other countries such as Israel.         

The restoration of devolved government in Northern Ireland after a near three-year hiatus and “a strong United Kingdom” will also be a focus of Johnson’s government.”

Meanwhile, the Cable settled below the 1.3350 level on Friday, reversing more than half the rally to nineteen-month highs of 1.3515 reached amid a landslide Conservatives victory in the UK election.

The pound may continue to remain supported in the coming days, as Johnson’s win is seen as paving way for a swift Brexit before January 31st, 2020.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.