Cameron closer to winning overall majority in parliament

FXStreet (Bali) - There has been a strong conservatives increase majority in Nuneaton, which up until today had been a Conservative-held seat.

The Cons victory suggests that David Cameron and his party have a very good chance of winning an overall majority in parliament.

As a reminder, a shocking exit poll was published earlier today, showing Cons 316, Labour 239. The vote count is still at its early stages, with declaration in only 27 of 650 seats.

Key events coming up for end of week - Rabobank

Analysts at Rabobank noted the key data events to round up the week.
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RBA cuts growth, inflation but silent on rates

The RBA Statement on Monetary Policy has been published, with the Central Bank cutting its growth and inflation projections, while remaining silent on the rates outlook.
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