- The British pound has a dive to 1.9% loss against the dollar and euro on the first results of the early elections in the United Kingdom on Thursday evening.
Between 11:00 and 11:04 the pound went well. Shortly after the first exit polls, the pound recovered slightly.
'This is worse than the market had expected,' replies PJ Datema of the Dutch Payment and Exchange Company at the Amsterdam Stock Exchange.
The Conservatives achieved 314 seats, Labor 66 seats according to the first exit polls. With this, the Conservatives lost the absolute majority, sixteen seats lost.\n \n \n \n \n \n \n \n \n \n Theresa May\n \n \n Photo: Dutch height
The market sought a much sharper difference between winners and losers, according to ING, more than fifty seats. That margin will not be met.
The exclamation of the elections by Prime Minister May as leader of the Conservative Party to get a clear majority for the negotiations with Brussels on the Brexit has failed, according to Datema.
'Maybe May has not been so badly wrong, but this does not look good in the eyes of the market. And the Asian market must start, wake up and scare away. '