UK Daily Mail: ''Plot to topple Truss this week''
16.10.2022, 21:40

UK Daily Mail: ''Plot to topple Truss this week''

The UK's Daily Mail's front pages report on the Conservative party leader's plot to topple the UK's Prime Minister Liz Truss despite warnings that this could lead to an early general election. 

UK politics has been a driver of financial markets given the uncertainty over Truss initially betting her premiership on true-blue pleasing tax cuts only to U-turn on the proposal and fire the head of the Treasury, Kwasi Kwarteng and replaced him with Jeremy Hunt, a long-time lawmaker who has served three previous stints as a Cabinet minister. The PM is attempting to restore confidence and rebuild her credibility with international investors and members of her own party after the “mini-budget” she and Kwarteng unveiled three weeks ago sparked political and economic turmoil.

The government’s September 23 announcement of a plan to cut taxes by 45 billion pounds ($50 billion) without detailing how it would pay for them or offering independent analysis about the impact on public finances caused havoc on the money markets as investors worried that the government's borrowing could rise to unsustainable levels. GBP/USD has been a roller coaster ride and there is little abating of the same in sight.

GBP/USD H1 chart

In the open today, there was a big bullish gap of around 50 pips:

So long as the bears stay committed on the front side of the trendline, favouring the US dollar, then the price would be expected to close the gap and on a break of the 1.1150's doors will be open for a downside extension to test below 1.1100.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik