FIRST AIRED: June 9, 2017

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00:00:01
>> A slump for Sterling on Friday as the UK election left no single party with a clear claim to power. The shock outcome seeing the Pound shed as much as 2% at one point, on fears that British politics could be plunged into turmoil, and discussions on Brexit delayed.
00:00:17
Markets had assumed that Prime Minister Theresa May would easily increase her majority. Now, analysts say investment decisions are likely to be put on hold until there's a clear sign of who will govern the UK. Beyond Britain though, the ripple effect hasn't been huge. One expert pointing out that the UK makes up just 2.5% of global GDP, saying it's hard to see the outcome of this election having a major impact on markets around the world.