Monday, June 06, 2016

Brexit poll spurs UK market anxiety -

Oh dear, follow the money or follow the people!

Short term or long term, who wins either way?

Brexit poll spurs UK market anxiety -

"A twin poll lead for Brexit campaigners heightened financial market anxiety on Monday, as currency volatility intensified and investors sought government debt ahead of the referendum on June 23."

“Were Brexit to occur we see a real risk of a sterling crisis against the backdrop of twin fiscal and current account deficits,” said Mark Dowding, co-head of investment grade debt at BlueBay Asset Management.


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