Fundamental Analysis

UK PM Cameron resigns after Brexit vote

Britain’s Prime Minister David Cameron speaks after Britain voted to leave the European Union, outside Number 10 Downing Street in London, Britain June 24, 2016. REUTERS/Stefan Wermuth

David Cameron said he would resign as Prime Minister by October after Britons ignored his pleas to stay in the European Union and voted in a referendum to leave.

“I do not think it would be right for me to try to be the captain that steers our country to its next destination,” Cameron told reporters on Friday outside his Downing Street office.

Cameron, who choked back tears, gave no detailed timetable but said there should be a new leader by the time his Conservative Party holds its annual conference in October.

“This is not a decision I’ve taken lightly but I do believe it is in the national interest to have a period of stability and then the new leadership required,” he said.

“I think it’s right that this new Prime Minister takes the decision about when to trigger article 50 and start the process of leaving the EU.”

Source: Reuters

Advertisement

Click To Join Our Community Telegram Group

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

Recent Posts

Weekly Summary And Review 3rd May 2024

Hi Traders! Arvinth here from the Home Trader Club team. The weekly summary and, review of May…

14 hours ago

Tech Powers Stocks Hours Away From Apple’s Results: Markets Wrap

The world’s biggest technology companies drove a rebound in stocks ahead of Apple Inc.’s earnings, with Wall Street also gearing…

2 days ago

Oil Technical Analysis And Short Term Forecast

Hi Traders! Oil technical analysis and short term forecast post is here. We do our…

2 days ago

NZDJPY Short Term Forecast Follow Up And Update

Hi Traders! NZDJPY short term forecast follow up and update is here. On February 27th…

3 days ago

EURNZD Technical Analysis And Short Term Forecast

Hi Traders! EURNZD technical analysis and short term forecast post is here. We do our…

3 days ago

GBPCAD Short Term Forecast Update And Follow Up

Hi Traders! GBPCAD short term forecast update and follow up is here. On February 7th,…

4 days ago