objectively it was up today and has been up 'today' ever since I made that comment... whether it was higher or lower than some other arbitrary point you've chosen from earlier today simply isn't relevant. It doesn't counter anything I've posted thus the question of what exactly you're arguing
The next Conservative Leader thread.
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objectively it was up today and has been up 'today' ever since I made that comment... whether it was higher or lower than some other arbitrary point you've chosen from earlier today simply isn't relevant. It doesn't counter anything I've posted thus the question of what exactly you're arguing
Not at the time you made your comment it was not. Before the announcement today at around 6 am it was higher.
The UK has just fast forwarded the appointment of the new prime minister. This removes a lot of uncertainty and delay. Of course the markets are going to respond positively to this! FTSE 100 is now in bull territory, the FTSE250 is getting close to 17,000 again and the pound is going back up. As things are worked through and negotiations progress this will only get better.
The markets price in the most likely scenario.
Yes at the time I made my comment... half of this seems to be you not understanding the comment and ignoring my earlier questions like what is the relevance of '6am'?
Stating something is up on the day doesn't mean it is at the highest point it has ever been within that time period but simply higher than where it started.
Soldato
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Moses I'm going to disagree with you - I can't see May not invoking A50.
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Now we are just arguing over what arbitrary time you want to pick today and what time I pick which is ridiculous.
I have already stated everything I wanted to. When you made your comment it was not "up" by any meaningful amount compared to the start of trading today and as I said at around 6am it was actually higher before any of this conservative leader stuff happened (remember, what this thread is about), making your point completely moot in the context of this thread.
I'm not sure she was the most committed to the remain camp. More likely positioning herself with Cameron. However I think she has been less abrupt than Leadsom and so she is likely to get the UK into a favourable position. This the market will begin to price in. The market will look for information from negotiations with the EU and wih other countries outside the EU. They will also be looking at the new policies and actions the government will make to remove uncertainty.
The markets expect article 50.
no you're arguing about arbitrary times - what relevance is 6am? (I think I've asked a few times yet got no reply)
the general comment was that it was up today - that was made in relation to this news... if you want to look further then look at where it was immediately prior to the news just before lunch...
I agree May will attempt to invoke article 50 (at what point in time is unclear) what's interesting is if she will need to/be able to command a majority in the house at that time.
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Ahh I get your point now. IMO Brexit is inevitable, in the short term at least, as Single market access can only be applied for after completing leaving.
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I think we might have EEA- but May seems less likely to budge as much on immigration than Boris - meaning we'd have to compromise other things if she wants to push heavily on that
she's certainly a better option than Leadsom though and it is the 'not Leadsom'/not full brexit/at least someone experienced.... news that is the positive really
she's certainly a better option than Leadsom though and it is the 'not Leadsom'/not full brexit/at least someone experienced.... news that is the positive really
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A bag of crazy cats is better than Leadsom.
*sigh*
Given May's voting record though it's like choosing between a punch in the face or a punch in the ****.
erm immediately before the news became apparent isn't arbitrary being the point!
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Random question if anyone knows, why did David Cameron not have a Deputy PM?
Yes, the pound fluctuated like normal today and spiked slightly at the news, then returned to trading at roughly what it was trading at at the start of the day which is within the margin of what it has been trading at for most of last week.
So for today at least , this news has had very little affect, if any, on the pound.
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