In this episode, I talk to the Head of Trading Piers Curran about the resignation of UK Prime Minister Boris Johnson. We look at the process behind how the Conservative Party will now elect a new leader, the subsequent timeline, and importantly whether this shift has implications for financial markets.

Who is Ben Wallace? Will Rishi win? does this even matter in the context of the economic crisis unfolding under the pressure of surging inflation? We give our point of view!

This leads us into looking at the EUR currency, which this week hit a fresh 20-year low and edges ever closer to parity against the US Dollar. What is creating this renewed downside pressure and why Europe's biggest economy, Germany, is heading into its worst energy crisis since the oil price shock of 1973.

Daily newsletter https://amplifyme.com/market-maker

Take a Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator

Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/

Hosted on Acast. See acast.com/privacy for more information.

MM072: Boris Johnson resigns, what happens next?! 45:39 Share

Market Maker

Shownotes Transcript

MM072: Boris Johnson resigns, what happens next?!