May Retains Strong Lead in the Polls

Prime Minister Theresa May maintained her strong lead in opinion polls ahead of next month’s national election, with one analyst saying she was on course for the kind of huge success Margaret Thatcher enjoyed over 30 years ago.

May is asking voters to strengthen her hand as she seeks a mandate for her plan to implement the result of last year’s Brexit referendum by quitting the European Union’s single market.

Her Conservative Party made big gains in local elections last Thursday at the expense of the main opposition Labour party and polls published at the weekend, conducted beforehand, showed her with a commanding lead of up to 19 percentage points.

Reuters

Kiwi: Bird Watching in May

Week Ahead Dollar Softer Despite Strong US Jobs Report

Commodities Ressens L’Amour on Monday

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.