Sterling Now Fully Pricing-In All of the Good News: CIBC’s Stretch

The transcript discusses the unexpected decisive victory of the Conservatives and its impact on the financial markets, particularly the rally of Sterling. The market had anticipated a moderate majority, but the exit poll results led to a significant repricing. The discussion also touches on the influence of China news on Sterling and the challenges ahead, including trade negotiations and the Bank of England's potential rate decisions.

What was the market's initial reaction to the exit poll released at 10:00 PM London?

How did the market's expectations change after the election results?

What factors contributed to the rallying of Sterling?

In what ways might the Bank of England's decisions be affected by the election results?

What uncertainties remain regarding the future of Sterling after the election?