Pound wobbles following Mays' resignation

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The Pound could face fresh turmoil, with key Brexiteer and former foreign minister Boris Johnson the front-runner to replace May.

Britain's Prime Minister Theresa May reacts as she announces her resignation outside 10 Downing street in central London on May 24, 2019.announced her resignation, while stock markets mostly rebounded as US President Donald Trump offered an"olive branch" to China in their trade war, dealers said.

Ratings agency Moody's warned that news of May's departure"amplifies the uncertainty" over Britain's withdrawal from the European Union -- and"increases the risk of a no-deal Brexit".Elsewhere, Europe's major share markets and US stocks rebounded after the previous day's sharp-selloff sparked by the China-US trade war and global economic worries.

"President Trump's softening stance on Huawei and more positive comments on the US-China trade negotiations helped" markets move higher, she added.

 

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I have great love for the continent of Europe because I know some of the most humble people on the face of the earth from there who have contributed positively to the lives of many South Africans especially in the area of education.I can only think,imagine&pray for the best.

Good time for UK holiday?

End of May is now the beginning of June

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