Britain's financial market has always been short-term general election, but this
if you are interested in it ,
Get free samples :sales@edabearings.com
British financial markets tend to perform poorly before and after the election, but for a long time, but investors expecting a similar situation next month's election will be vigilant against the risk of retreat.
For decades, the UK stock market in the parliamentary elections a few months after the performance is particularly inferior to the global market, for this point, 2001 and 2005 elections is the best reference. The two elections are a one-time result, for the election, the market also has the same expectations.
There are three weeks away from the vote, UBS Wealth Management analysis shows that the 1970s, the British stock market in the three months after the election average lag behind the global stock market 3.4 percentage points.
Before and after the election, the pound and government borrowing costs are often lower, but the magnitude is not, of course, not like last year in June after the referendum as the collapse of Europe. Last year's retreat in Europe was the biggest political shock in Britain in recent decades.
This is based on Reuters' results for the last five elections since 1997. The five elections, the Labor Party three direct win, the Conservative Party a direct win. Only the 2010 election, the Conservatives, although the most votes, but did not reach the vast majority, and ultimately with other parties formed a coalition government.
Blair, the slogan of the "new Labor Party", was elected prime minister at the beginning of this century, and the result was convincing and unpredictable, and it was clearly visible in the poll. The ruling Conservative Party seems to be similar this time, the market only suspect that Teresa Mei in the June 8 general election will be the size of the majority of seats.
PREVIOUS:Gold prices fell before the British referendum was recorded after the largest si NEXT:China's major financial news week review