Pound Steady as Labour Projected to Win Majority in UK Election [BNN Bloomberg (Canada)]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: BNN Bloomberg
The currency was little changed around $1.276, with markets hoping a tumultuous period in British politics is over. The official election exit poll predicted Labour will win 410 of the 650 seats in the House of Commons, the most since Tony Blair's 1997 landslide. Heading into the vote, investors were betting that a victory for Starmer's center-left platform would mean an end to policy-induced market meltdowns. While Labour's historic support for higher taxes and trade unions has traditionally put it at odds with markets, this time traders are confident that the specter of the UK's gilt crisis two years ago will keep the next government in check. “For the first time in years the UK will be a relative island of political stability and this will favor moderating risk premia and asset market discounts,” Evercore ISI's Krishna Guha and Marco Casiraghi wrote in a note. UK stock futures start trading at 1 a.m. on Friday, while government bonds open at 8 a.m. in London. According to
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EVR
News
- Investors May Warm to French Result After Nervy Initial Reaction [BNN Bloomberg (Canada)]BNN Bloomberg
- Euro Slips After French Vote as Busy Week Begins: Markets Wrap [Yahoo! Finance]Yahoo! Finance
- Jobs report for June: Payrolls increase by 206,000, beating forecast [MarketWatch]MarketWatch
- GrafTech Explores Options for Raising Money as Losses Mount [BNN Bloomberg (Canada)]BNN Bloomberg
- Pound Steady as Labour Projected to Win Majority in UK Election [Yahoo! Finance]Yahoo! Finance
EVR
Earnings
- 4/24/24 - Miss
EVR
Sec Filings
- 6/21/24 - Form S-8
- 6/21/24 - Form 8-K
- 6/20/24 - Form 4
- EVR's page on the SEC website