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U.K. Prime Minister to Try to Turn Political Page in Lancashire Speech

Thursday, June 9, 2022
U.K. Prime Minister to Try to Turn Political Page in Lancashire Speech © Reuters.

By Scott Kanowsky

Investing.com -- U.K. Prime Minister Boris Johnson will attempt to convince the British public that he is "on their side" in a speech on Thursday, according to a Downing Street statement.

Johnson will lay out a series of new measures during the address in the English county of Lancashire, as the embattled leader looks to turn the political page after surviving a no-confidence vote from his party's Members of Parliament earlier this week.

He is set to unveil policies aimed at reversing declining home ownership rates, including plans to extend the right to buy to housing association tenants and expand access to mortgage financing.

Johnson will also promise to deliver reforms to boost productivity and growth.

"As we continue to deal with the Covid aftershocks, and the inflationary impact of the war in Ukraine, our strategy is clear. We will continue to use our fiscal firepower to help the country through tough times – and concentrating our help where we should, on those who need it most," Johnson is due to say.

The speech comes after recent economic projections warned of sputtering U.K. growth in 2022. The British Chamber of Commerce slashed its annual GDP growth forecast down to 3.5%, while the Organization of Economic Co-operation and Development also said economic activity is "set to slow" this year.

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26-06-2022 19:02:32 (UTC+7)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

EUR/USD

1.0554

+0.0031 (+0.29%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (4)

GBP/USD

1.2272

+0.0012 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

USD/JPY

135.23

+0.29 (+0.22%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (1)

AUD/USD

0.6944

+0.0055 (+0.80%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

Indicators:

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USD/CAD

1.2891

-0.0103 (-0.79%)

Summary

↑ Sell

Moving Avg:

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EUR/JPY

142.71

+0.71 (+0.50%)

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Sell (1)

EUR/CHF

1.0114

-0.0001 (-0.01%)

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Gold Futures

1,828.10

-1.70 (-0.09%)

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Silver Futures

21.130

+0.088 (+0.42%)

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Copper Futures

3.7365

-0.0025 (-0.07%)

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107.06

+2.79 (+2.68%)

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Brent Oil Futures

113.19

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6.173

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US Coffee C Futures

223.40

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Euro Stoxx 50

3,533.17

+96.88 (+2.82%)

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Neutral

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S&P 500

3,911.74

+116.01 (+3.06%)

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DAX

13,118.13

+205.54 (+1.59%)

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FTSE 100

7,208.81

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21,719.06

+445.19 (+2.09%)

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US Small Cap 2000

1,765.74

+54.06 (+3.16%)

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IBEX 35

8,244.10

+137.70 (+1.70%)

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Sell

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Buy (3)

Sell (5)

BASF SE NA O.N.

42.215

+0.785 (+1.89%)

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Bayer AG NA

57.79

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181.20

+2.20 (+1.23%)

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Adidas AG

170.36

+3.30 (+1.98%)

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102.62

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8.919

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 EUR/USD1.0554Buy
 GBP/USD1.2272↑ Sell
 USD/JPY135.23↑ Buy
 AUD/USD0.6944↑ Sell
 USD/CAD1.2891↑ Sell
 EUR/JPY142.71↑ Buy
 EUR/CHF1.0114↑ Sell
 Gold1,828.10↑ Buy
 Silver21.130Sell
 Copper3.7365Sell
 Crude Oil WTI107.06↑ Sell
 Brent Oil113.19↑ Sell
 Natural Gas6.173↑ Buy
 US Coffee C223.40↑ Buy
 Euro Stoxx 503,533.17Neutral
 S&P 5003,911.74↑ Buy
 DAX13,118.13↑ Sell
 FTSE 1007,208.81↑ Buy
 Hang Seng21,719.06↑ Buy
 Small Cap 20001,765.74↑ Buy
 IBEX 358,244.10Sell
 BASF42.215↑ Buy
 Bayer57.79↑ Sell
 Allianz181.20↑ Sell
 Adidas170.36↑ Sell
 Lufthansa5.966↑ Sell
 Siemens AG102.62↑ Buy
 Deutsche Bank AG8.919↑ Buy
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Cập nhật lúc 18:52:30 26/06/2022
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