It has been an incredible night in UK politics which appears to have resulted in a rather shocking Conservative victory (still running on projections). This has had shockwaves across UK asset classes, with sterling being a significant mover, rallying over 250 pips. Furthermore, as the FTSE 100 has opened it has shot higher, with the Conservatives being seen as the better outcome for the UK economy. However, as the dust settles this morning it may not be all rosy as traders could begin to factor in the prospect of an EU referendum during the next Parliament. You can also add into the mix that it is Non-farm Payrolls ... (full story)