May asked to Leave
Testing times for the pound and PM Theresa May as the fate of her Withdrawal Agreement is overshadowed by her future as Prime Minister. It's highly probable that a fresh vote of no confidence could be allowed if May does not step down by Friday. Global indices extend their sell-off with the yen the top performer, followed by the franc. The GBP short was topped out at 1.2630.
التوازن بين الاسترليني و الداو و الذهب
The fact that the UK Parliament's agenda for the week of June 3rd does not contain any list the Withdrawal Agreement vote, highlights that PM future as PM will be the key issue after an expected drubbing for the Conservative Party in today's EU Elections. Markets resume their selling, with 25200 in the DOW30, and 2800 in SPX seen as crucial support levels, while 11870 for the DAX looms large.
Latest IMTs
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17
-
Typical Errors on Gold, Silver, USD
by Ashraf Laidi | Apr 1, 2024 16:14