The 2024 UK General Election: Nothing to see here? Depends on where you look

In this episode, Senior Trader Gary Wilkinson speaks with Trevor Charsley, Senior Market Strategist, and Darryl Hood, VP and Senior Director of EMEA Sales and Trading about the imminent 2024 UK election…and more.

The UK’s Prime Minister Rishi Sunak recently announced a general election for 4 July. 2024 is the biggest election year in history, with roughly half of the world’s population — some 4 billion people in around 80 countries — going to the polls. In the local elections in May, Sunak’s Conservative party lost a number of seats to the Labour party.

Conventional wisdom says that no matter how anxiously results are awaited, polls are watched, and how much ink is spilt, elections results usually have very little effect on global currency markets. We’ll test that theory – and others — in our conversation.

Click here to read the companion blog article.

Click here to read and download the transcript for the episode.

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. Any figures quoted in the podcast are correct at the time of recording (13 June 2024) and the interest rate analysis comes from BBG WIRP analysis.