M&A redux, all eyes on Carney - GKFX

James Hughes, Chief Market Analyst at GKFX believes with a weaker Pound a lot of UK companies have become an attractive proposition for US companies. M& activity is set to pick up pace, given the fact that companies are seeing strong growth and are thus open for potential takeovers.

Hughes agrees with Mir that weak Pound means UK companies… especially the likes of Unilever are an easy prey for US corporations.

BOE’s Carney is set to testify before the treasury select committee. Watch Hughes discuss the key points to watch out for in Carney’s speech.