Markets Stress Lowers After Theresa May Becomes UK Prime
Minister
Equities
and currencies were positive as stress left market place. prime minister on
Wednesday after being appointed by Queen Elizabeth shortly after the monarch
accepted David Cameron's resignation.
The pound
rebounded over the past two days and continued this morning in the Asian
session gaining 26 points to 1.3172.
The
FTSE soared to a high of 6717. And closed at 6670.40.
The Nikkei
225 soared 4% today as Prime Minister Shinzo Abe promised a large fiscal
stimulus to boost the economy after his coalition clutched a super majority in
the parliamentary election over the weekend.
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