Election guide - SNP - BBH

FXStreet (Guatemala) - Analysts at Brown Brothers Harriman offered an in depth insight to the UK election in a guide: Scottish National Party (SNP)...

Key Quotes:

"The first exit polls for the UK election are expected to start coming out at 22:00 GMT today. We think that a clear picture of the voting outcome will emerge around 4:00-5:00 GMT on Friday. Here is a quick party guide and analysis for the Scottish National Party (SNP)."

"Scottish National Party (SNP): Expected to get 54 seats from 6 currently. It would likely pick up 38 seats from Labour, 9 from LibDems, and 1 from the Conservatives. Many old Labour voters feel let down by what they see as ‘broken’ promises made to them in the final days of the Independence vote. But more importantly, with the referendum now off the table, the SNP vote is now a clear choice of voting for Scotland to have a bigger say in Westminster. In other words, voters who are against leaving the UK can now vote for the SNP. Whatever Ed Miliband may say in public, he will need those SNP seats to become PM, so Nicola Sturgeon feels she can extract a high price for the party’s support."

Divergent policies remain the scenario for further EUR weakness – BAML

Analysts at BAML expect the pair to resume its downtrend backed by the opposite monetary policies from the Fed and the ECB...
Leia mais Previous

USD/CHF rises further and climbs above 0.9200

USD/CHF bottomed at 0.9070 during the European session and rebounded. Since then it has risen more than a hundred pips from the lows and currently trades at daily highs above 0.9220, up 0.65% for the day.
Leia mais Next