0215 GMT - GBP/USD is trading steadily in the morning Asian session. Markets have "warmed" to the idea that the opposition U.K. Labour Party's projected landslide victory could end years of political and economic uncertainty under the Conservative Party, says Philip Wee, senior FX strategist at DBS Group Research, in a commentary. Although Labour Party leader Starmer has ruled out the U.K. rejoining three blocs--the EU, the single market, or the customs union--within his lifetime, his party may seek better trading arrangements by signing up to EU rules in certain sectors such as agriculture, food and chemicals, Wee adds. GBP/USD is little changed at 1.2765. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
July 04, 2024 22:16 ET (02:16 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。