The pound took a hit today as PM Johnson announced he would suspend parliament from Sept 12th. I ask NAB’s Gavin Friend why the pound bounced back so quickly, and what happens next.
Bond yields have fallen slightly. NAB’s Tapas Strickland suggests it might be down to expectation of more moderate language from the Fed as they try and rein in the response to their recent hawkish stance. https://t.co/GYk7GkwF94