It’s all change at the top of Thai politics too, after an election this weekend. Voters turned out to support the Move Forward Party and shunned the pro-king, pro-military establishment. The MFP took 38% of the vote with another opposition party taking 29% of the votes. The parties are up for working together in coalition but even if they agree on terms it is still not completely clear that the incumbent military backed government will allow a transition of power. The BBC has the details: Thailand elections: Voters deliver stunning win for reform – BBC News
This morning is a little light on primary data releases, though markets will be paying attention to speeches from the Fed’s Bostic, Kashkari and Cook. These speeches follow the Fed’s Bullard who maintained there is a prospect of continued disinflation and that the fed’s monetary policy may be sufficiently restrictive. Today’s speeches comes ahead of UK labour data tomorrow where unemployment is expected to remain unchanged at 3.8%. This will be followed by Eurozone GDP and US retail sales.
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A special edition on the United Nations as this month saw delegates from around the world meet for the General Assembly. Here is your depth analysis on the geo-political uncertainty that continues to make headlines.
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