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Market Reaction to Political Events
Discussion on the minimal impact of a tumultuous night of politics on the stock market and government bond market, attributing the stability to diverse global exposure of FTSE 100 companies and reassurances from political leaders about public finances. Contrasting UK's perceived economic stability with France's election uncertainty and US political turmoil, including fears surrounding French government bonds, the chapter also hints at an upcoming interview with a member of the Bank of England's Monetary Policy Committee.