Id like to think that the markets have actually been facing up to the fact that we are in hung parliament territory for the last week or so (granted there will probably be a small drop) but it appears that the city have some what pre-empted, and faced up to the reality of a coalition/minority government.
The test will come in the following weeks when we see whether a legitimate and STABLE body can govern. If it cant, then with financial instability in Europe coupled with our uncertainty over future economic policies we could be in for a battering.
Ps. Remember this is my opinion and im rarely right
because if i actually knew what was going on id have already made my fortune and be living in Windermere/Dr. Phillips enjoying the good life