Mr Johnson lost his working majority in parliament when one of his Conservative lawmakers defected to the pro-European Union Liberal Democrats.
"If we see continued period of sterling strength, I would expect domestically focused mid-cap FTSE 250 names to outperform. People are currently are quite underweight on the UK names than the more globally exposed large-cap names.
The rising worries encouraged investors to shift away from risky equities to safe-haven assets such as government bonds, resulting in yields on German and Italian 10-year bonds hitting a record low.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks tumble on tariffs, weak dataNEW YORK (AFP) - Wall Street stocks tumbled on Tuesday (Sept 3) as new tariffs in the US-China trade war took effect, while US data pointed to weakness in the manufacturing sector.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US stocks tumble on tariffs, weak dataNEW YORK: Wall Street stocks tumbled on Tuesday (Sep 3) as new tariffs in the US-China trade war took effect, while US data pointed to weakness in ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Europe: London stock market opens higher after pound slides[LONDON] London's stock market opened higher on Tuesday after the pound slumped under US$1.20, lifting share prices for multinationals who get most of their earnings overseas, while eurozone indices dropped. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »