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Sterling Keeps Gains as Traders Remain Hopeful of a Tory Majority

Tuesday, 19 November 2019 23:29 WIB pound Sterling, Poundsterling GBP/USD GBP/EUR

Sterling traded flat on Tuesday after a new poll reinforced expectations the Conservative Party will win a parliamentary majority in Britain's election next month. Prime Minister Boris Johnson's Tories have surged to an 18-point lead over the opposition Labour Party, according to an opinion poll published by market research company Kantar on Tuesday. If the Conservatives win a majority on Dec. 12, expectations are the House of Commons would approve the Brexit deal agreed with Brussels last month and Britain would exit the European Union on Jan. 31, ending three-and-a-half years of uncertainty. Brexit Party leader Nigel Farage said on Tuesday that will probably win the election with a...

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Energy

Oil Under Pressure as Trade Talks Drag On
Tuesday, 19 November 2019 19:30 WIB
Oil extended declines, breaking below $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise

Precious Metals

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China’s Huawei rekindled optimism for a trade deal between the countries and boosted risk

CURRENCIES

Sterling traded flat on Tuesday after a new poll reinforced expectations the Conservative Party will win a parliamentary majority in Britain's election next month. Prime Minister Boris Johnson's

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