1 May 2015
UK elections: Miliband says no coalition for Labour with the SNP – Investec
FXStreet (Barcelona) - Jonathan Pryor, Head of FX dealing at Investec, comments on the key developments surrounding the UK election scenario.
Key Quotes
“Last night’s Question Time TV debate on the BBC was a real eye opener for all those closely watching the General Election. Miliband, Cameron and Clegg all fielded difficult questions from an audience as their manifestos where analysed. More importantly the dynamic between the likelihood of somebody earning a majority victory and a coalition was openly discussed.”
“Nick Clegg clearly stated it is obvious that neither Labour nor the Tories would gain a majority. With that outcome in mind and the prospect of drawn out government formation talks following, it is likely that the Pound will have a tough time in the coming weeks.”
Key Quotes
“Last night’s Question Time TV debate on the BBC was a real eye opener for all those closely watching the General Election. Miliband, Cameron and Clegg all fielded difficult questions from an audience as their manifestos where analysed. More importantly the dynamic between the likelihood of somebody earning a majority victory and a coalition was openly discussed.”
“Nick Clegg clearly stated it is obvious that neither Labour nor the Tories would gain a majority. With that outcome in mind and the prospect of drawn out government formation talks following, it is likely that the Pound will have a tough time in the coming weeks.”