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Vote - how will the market react

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    Vote - how will the market react

    Assuming May losing the vote today is largely priced in; but how will the markets react if somehow she wins?

    Will the pound go up or down?

    #2
    Originally posted by helen7 View Post
    Assuming May losing the vote today is largely priced in; but how will the markets react if somehow she wins?

    Will the pound go up or down?
    Yes definitely the pound will go up or down. It may even do a bit of both.

    What you need to remember is that the currency markets are as much about speculation (gambling) as they are about economics. Bitcoin is a currency that has taken this to extremes.

    Sent from my SM-G955F using Contractor UK Forum mobile app
    Last edited by Yorkie62; 15 January 2019, 07:17.

    Comment


      #3
      Originally posted by helen7 View Post
      Assuming May losing the vote today is largely priced in; but how will the markets react if somehow she wins?

      Will the pound go up or down?
      Up, due to more certainty. But as you say, it won't happen.

      Comment


        #4
        Originally posted by Yorkie62 View Post
        Yes definitely the pound will go up or down. It may even do a bit of both.

        What you need to remember is that the currency markets are as much about speculation (gambling) as they are about economics. Bitcoin is a currency that has taken this to extremes.

        Sent from my SM-G955F using Contractor UK Forum mobile app
        Don't give up the day job. Unless it's in critical national infrastructure.

        Comment


          #5
          Originally posted by Old Greg View Post
          Up, due to more certainty. But as you say, it won't happen.
          How does May losing the vote deliver more certainty?

          If she loses, we may leave with no deal - some tell us that this scenario delivers massive uncertainty

          If she loses, she could do a Cammeron - uncertainty over who is to be the next leader and what direction they will take us in

          If she loses, labour will table a vote of no confidence and if they win that we have a general election on our hands and the prospect of a Labour, or more likely, another hung parliament. Yet more uncertainty.

          I just does see the scenario that delivers more certainty if she loses.

          Comment


            #6
            Originally posted by Yorkie62 View Post
            How does May losing the vote deliver more certainty?

            If she loses, we may leave with no deal - some tell us that this scenario delivers massive uncertainty

            If she loses, she could do a Cammeron - uncertainty over who is to be the next leader and what direction they will take us in

            If she loses, labour will table a vote of no confidence and if they win that we have a general election on our hands and the prospect of a Labour, or more likely, another hung parliament. Yet more uncertainty.

            I just does see the scenario that delivers more certainty if she loses.
            Eh?

            Firstly, I hope she does lose. Secondly I hope there's a General Election. Thirdly I hope JC gets a good kicking! Fourthly, I hope we have a "No Deal Brexit".

            Things in this country need a ******* good shake up!
            Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

            Comment


              #7
              Originally posted by Yorkie62 View Post
              How does May losing the vote deliver more certainty?


              You really are the stupidest poster in the history of CUK. Even in the pantheon of CUK cretins who failed CSE English, you shine out, and I'm including oPM in that. Congratulations.

              Comment


                #8
                Originally posted by Old Greg View Post


                You really are the stupidest poster in the history of CUK. Even in the pantheon of CUK cretins who failed CSE English, you shine out, and I'm including oPM in that. Congratulations.
                It was a reasonable question and all you can do is respond with abuse. Just what is your problem? Why are you incapable of entering into a reasoned discussion and debate without first resorting to abuse? Words fail me regarding your behaviour. With people like you behaving in the way you do when someone asks you a reasonable question there is no wonder this country is in the mess it is in. Completely unprofessional behaviour.

                Comment


                  #9
                  Originally posted by Yorkie62 View Post
                  It was a reasonable question and all you can do is respond with abuse. Just what is your problem? Why are you incapable of entering into a reasoned discussion and debate without first resorting to abuse? Words fail me regarding your behaviour. With people like you behaving in the way you do when someone asks you a reasonable question there is no wonder this country is in the mess it is in. Completely unprofessional behaviour.
                  OG sought sanctuary in Ireland. In a country of thick in-breds he managed to lower the average IQ, quite an achievement.
                  Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.

                  Comment


                    #10
                    Originally posted by Old Greg View Post


                    You really are the stupidest poster in the history of CUK. Even in the pantheon of CUK cretins who failed CSE English, you shine out, and I'm including oPM in that. Congratulations.
                    I actually did GCSE's - bit young for O levels and CSE's.

                    And I got B's in English lang and lit.

                    Comment

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