CNBC Worldwide Exchange June 9, 2017
Her majority in parliament. The pound is on the move. What is interesting is that it is not infecting other markets, relatively calm around the world. This is not brexit. But it is a big surprise. Tell us what happened. Big surprise indeed as you can see from that twoday chart of the pound. It fell dramatically as exit polls revealed last night that we are headed for a Hung Parliament and eventuality that has been confirmed this morning. Nobody will get an outright majority. Why is the pound fall . Because it means were headed for a weak government, whatever color it ends up being. We have a c...
Source: archive.org