Friday, June 24, 2016

Here's What the Brexit Means for the Global Economy and Central Banks: TheStreet

Published on 24 Jun 2016
UK citizens voted to leave the European Union, sending global stocks sharply lower as investors flooded safe-haven assets like the yen and government bonds on Friday. The pound sunk to its lowest level against the dollar in 31 years. UK Prime Minister David Cameron said he will step down.
Posted by at No comments:

It will be messy, but the UK will muddle through, says HL’s Dampier: ProactiveInvestors Stocktube

Published on 24 Jun 2016
Markets were thrown into turmoil on Friday after the UK took the unprecedented step of voting to leave the European Union.

Mark Dampier, research director at Hargreaves Lansdown PLC (LON:HL) tells Proactive Investors “generally speaking it has been pretty chaotic in the markets” adding that he thinks investors had priced in a ‘remain’ vote.

“The markets have just had to do a full 360 turn”, he says, adding that “markets don’t like surprises, and they got the biggest shock of their lives at around 4am”.

Dampier compares Friday to two other events, Black Monday, in 1987 and leaving ERM in 1992, but says it will likely have a slower and more prolonged reaction.

He adds that he believes the country will “muddle through, but unfortunately that muddle through will be a bit messy for a while”.
Posted by at No comments:

Wilbur Ross on Brexit: Will be most expensive divorce in history: Fox Business

Published on 24 Jun 2016
WL Ross Chairman Wilbur Ross on the impact of Britain leaving the European Union on the markets.
Posted by at No comments:

Opportunities for investors in the wake of Brexit? Fox Business

Published on 24 Jun 2016
WL Ross Chairman Wilbur Ross on Brexit's impact on investors' strategies.
Posted by at No comments:

#UK - Brexit vote: Spain calls for co-sovereignty on Gibraltar: FRANCE 24 English

Published on 24 Jun 2016:

Posted by at No comments:

#UK - Brexit vote: Sinn Fein calls for referendum on Irish reunification: FRANCE 24 English

Published on 24 Jun 2016
Posted by at No comments:

#Scotland - Brexit aftermath: Scottish First Minister Nicola Sturgeon on 'leave' vote win: FRANCE 24 English

Published on 24 Jun 2016
The UK and the EU entered uncharted waters Friday after the country voted to leave the bloc. Shortly after the result, Prime Minister David Cameron announced his intention to resign in three months.
Posted by at No comments:

#UK - Boris Johnson booed by crowd as he leaves home after Brexit triumph: RT

A hollow victory Mr Johnson in my opinion and hope that you will never be elected Prime Minister
Published on 24 Jun 2016
Posted by at No comments:
Subscribe to: Posts (Atom)