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21 Oct 2022

UK’s Wallace: I would lean towards Boris Johnson at the moment

When asked who he will back to be the new Prime Minister, the UK Defence Minister Ben Wallace said, “I would lean towards Boris Johnson at the moment.”

Additional quotes

I will not stand to be Prime Minister.

Keen to see what Sunak says on security and defence.

Conservative party needs to settle down and get on with delivering 2019 mandate.

Unity is important, will look at how candidates will bring party together.

Hope Jeremy hunt stays as finance minister.

Oct 21, 2022

GBP will likely continue to be under pressure in the time to come – Nordea

In the UK, rates have continued their fall on a policy U-turn. Still, economists at Nordea see more pain ahead for the British pound. The policy U-tur
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Oct 21, 2022

USD/BRL: Break below 5.01 to open up further losses – SocGen

USD/BRL recently defended the bullish gap near 5.01 resulting in a steady bounce. Only a dip below here would risk a deeper pullback, economists at So
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