Anyone scalping the FTSE Futures??

In the pre-opening, the European markets traded slightly lower. Despite the encouraging economic data published on the Chinese economy, the European political landscape continues to be a source of concern for investors, particularly in the UK, given the forthcoming elections scheduled for 8 June. The latest polls suggest that in these elections Prime Minister Theresa May may lose the majority in Parliament. In recent days, her margin over the Labor Party has been narrowing. Theresa May called these early elections to strengthen her parliamentary position and could thus have more power in the Brexit negotiations. Consequently, the Pound depreciated against the major currencies. In sectoral terms, producers of raw materials and the banking sector should be closely monitored.
 
Top