News

Tories wary of week full of potential electoral danger - FT

The Financial Times reports that, "the Conservatives are braced for their most perilous week of the election campaign, with Tory officials worried that the party’s chances of success at the December 12 poll risk being thwarted by Donald Trump’s visit to the UK, the final leaders’ television debate and the potential collapse of the Liberal Democrat vote."

The article notes that although prime minister Boris Johnson is ahead in opinion surveys, senior Tories are worried that events beyond their control may knock their strategy off course.

Key notes

  • "The immediate fears at Conservative headquarters are focused on the US president, who was due to arrive in London on Monday evening for a summit of Nato leaders.
  • British officials have urged Mr Trump not to intervene in the election campaign by endorsing Mr Johnson — partly because Labour leader Jeremy Corbyn has cast the prime minister as being in the White House’s pocket.
  • So far Boris has had a strong lead — but one of the warning signs in [the] 2017 [general election] was when Corbyn started to catch Theresa May."

FX implications

The twitter feed will be full of updates this week in this regard and depending on the sentiment GBP traders could be in store for some price volatility

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.