Penny Mordaunt withdraws her candidacy. Sunak previously received official support from half of the MPs. In real terms, this means that Rishi Sunak will become the new leader of the UK Conservative Party and the new prime minister. Recall that he previously served as Treasury Secretary in the Johnson government and was the first minister to contribute to the fall of the Johnson government. The market is basically unresponsive to this information.
GBPUSD barely reacted to fresh news from UK political scene.Source: xStation5
US jobs data surprises to the upside, and boosts stocks and pushes back Fed rate cut expectations
NFP preview
Daily summary: Weak US data drags markets down, precious metals under pressure again!
BREAKING: US RETAIL SALES BELOW EXPECTATIONS
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