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Summary
The United Kingdom will go to the polls next Thursday, June 8th. It will be an opportunity for the people of the UK to provide more majority to the conservatives, led by Theresa May, or to change the status quo in the Parliament.
Expectations are for a bigger majority for the conservatives. However, are you ready for any outcome?
FXStreet presents its 1-hour panel on the United Kingdom elections with Kathleen Brooks, Martin Armstrong, Mike Smithson, Ed Matts and Joseph Trevisani. A pool of world-class experts on politics and economics.
Do not miss on Tuesday, June 6 at 14h GMT; 15h UK time; 10h EST.
The panelist:
- Martin Armstrong, Founder & Chairman Armstrong Economics
- Joseph Trevisani, Chief Market Strategist at WorldWideMarkets
- Kathleen Brooks, Research Director for City Index.
- Ed Matts, Founder of Matrixtrade.com. 20+ years experience of trading, economics, and politics.
- Mike Smithson, Writer and expert on betting on politics. Founder of politicalbetting.com
The moderator:
- Ross Burland, FXStreet Editor and Analyst, social activist and CEO of Thinktwicecharity.org.
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Editors’ Picks
AUD/USD: The hunt for the 0.7000 hurdle
AUD/USD quickly left behind Wednesday’s strong pullback and rose markedly past the 0.6900 barrier on Thursday, boosted by news of fresh stimulus in China as well as renewed weakness in the US Dollar.
EUR/USD refocuses its attention to 1.1200 and above
Rising appetite for the risk-associated assets, the offered stance in the Greenback and Chinese stimulus all contributed to the resurgence of the upside momentum in EUR/USD, which managed to retest the 1.1190 zone on Thursday.
Gold holding at higher ground at around $2,670
Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors.
Bitcoin displays bullish signals amid supportive macroeconomic developments and growing institutional demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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