The governments of two major Western economies are likely to undergo far-reaching change in the coming weeks bringing with it uncertainty as to their future management.

Polls in the UK suggest that the ruling Conservative Party, which has been in power for about 14 years, will get a thrashing in the elections on July 4 and that the Labour Party under leader Keir Starmer will take over the reins. The markets appear to have responded positively to this prospect. ..

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