Confidence vote in UK PM Johnson to be held on Monday, June 6

Market news

6 June 2022

Confidence vote in UK PM Johnson to be held on Monday, June 6

In a statement published on Monday, Sir Graham Brady, Chairman of the 1922 Committee, announced that the threshold of 15% of the parliamentary party seeking a vote of confidence in British Prime Minister Boris Johnson had been exceeded.

A ballot will be held between 1700 and 1900 GMT on June 6 and the votes will be counted immediately afterwards.

Market reaction

The British pound holds its ground following this development. As of writing, the GBP/USD pair was up 0.35% on a daily basis at 1.2530.

Currencies. Daily history for Monday, June 6, 2022

Commodities. Daily history for Friday, June 3, 2022

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.