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What will the UK election mean for equities? – #SaxoStrats
Saxo Bank’s head of equity strategy Peter Garnry explains why he expects short-term weakness in UK equities if the Conservative Party wins the general election on June 8.
He says that should Theresa May enjoy a convincing triumph, GBP would strengthen and likely impact UK equity markets in the short term.
The macro environment in the UK and Europe is currently favourable, he says, but explains that as Brexit approaches - when the UK departs the European Union - there will be a significant impact on the UK stock market.
01:34 minutes
Tags: equities, peter garnry saxo bank, saxotrader, saxotradergo, tradingfloor.com, uk election
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