Brexit News Archive: 11 Jun 2016

UK polics podcast

The day after Brexit: what will happen if the UK votes to leave Europe?
FT   |   Sat, 11 Jun 2016 17:54:56

Want to know what real racism is? Ask Donald Trump not Brexiteers

Janet Daley / Telegraph   |   Sat, 11 Jun 2016 17:30:03

Five threats to American prosperity tie the hands of its banker-in-chief

Janet Yellen, the head of the Federal Reserve, has been criticised for dithering, but there are a number lots of factors stopping her from increasing interest rates: domestic issues, China and the EU referendum When Janet Yellen sits down with her colleagues on the Federal Reserve's interest rate-setting committee this ...
Phillip Inman / Guardian   |   Sat, 11 Jun 2016 15:00:14

Unilateral Free Trade Is The Only Sensible Trade Policy To Have

One of the more annoying things about the current Brexit debate (that is, the referendum on whether Britain should leave the European Union) is that people manage to get their message on trade so horrendously garbled. To the point that the Remain campaign are directly contradicting the Treasury report on ...
Tim Worstall, Contributor / Forbes   |   Sat, 11 Jun 2016 07:21:00

Dow Rises 0.3%, S&P Stays Flat in a Mixed Week

Dow Rises 0.3%, S&P Stays Flat in a Mixed Week for Stocks Brexit fears rattle U.S. equity investors, but world bond markets rise. How to track expectations for the next rate hike.Dow Rises 0.3%, S&P Stays Flat in a Mixed WeekBy Vito J. Racanelli Brexit fears rattle U.S. equity investors, ...
Barrons   |   Sat, 11 Jun 2016 07:09:04

Links for 06-11-16

The Fed Must Attack Low Inflation - Bloomberg View Trump, Clinton on the environment: a handy guide - Berkeley Blog Data Paranoia Watch: CPI Edition - Econbrowser For economists Project Fear is Brexit - mainly macro Helicopter money and fiscal...
Economist's View   |   Sat, 11 Jun 2016 07:06:00

Choose freedom: 28 countries, 500m people and one of the most successful liberalising projects in history

Amid the rows about EU migrants and the economic impact of a Brexit, let's not overlook the incredible achievements of the EU, writes Simon Hix. The single market is not just a matter of 'free trade' - it enables the free movement of people, goods and capital between 28 countries, ...
British Politics and Policy at LSE   |   Sat, 11 Jun 2016 06:00:07

Wall Street dips, havens eyed

Investors pushed some bond yields to all-time lows amid uncertainty over a possible Brexit.
Austrailian   |   Fri, 10 Jun 2016 20:45:00

STOCKS STUMBLE, DOW FALLS 119: Here's what you need to know

Stocks sold off to end the week on what was a slow week for US economic data and an increasingly anxious week for markets as we draw closer to the UK's "Brexit" vote. Scoreboard Dow: 17,865.3, -119.9, (-0.7%) S&P 500: 2096.1, -19.4, (-0.9%) Nasdaq: 4,894.6, -64.1, (-1.3%) WTI crude oil: ...
Business Insider   |   Fri, 10 Jun 2016 20:00:00

Bond rally sets records in race to safety

Global economy anxieties and Brexit fears take a grip on sentiment
FT   |   Fri, 10 Jun 2016 18:30:39

Leave camp 55%, Remain 45% - poll

Rome, June 10 - The pro-Brexit 'Leave' campaign scored 55% and the anti-Brexit 'Remain' camp stood at 45% in the latest Orb poll for the Independent Friday - the biggest ever lead for the Euroskeptics. But the Financial Times poll of polls had the Remain camp ahead at 45% to ...
Gazzetta Del Sud   |   Fri, 10 Jun 2016 18:11:00

Gross: US Treasurys benefit from lower global rates

CNBC's Brian Sullivan sits down with Bill Gross, Janus Capital Group, to talk about the risks surrounding Brexit and his views on foreign bonds.
CNBC   |   Fri, 10 Jun 2016 18:08:00

UK houses: predictable, untradeable

British property is a gamble, even before Brexit is mentioned
FT   |   Fri, 10 Jun 2016 16:11:56

Flight From Risk As World Stocks Tumble

Stock market values sink alongside bond yields as Brexit uncertainty combines with growth jitters to haunt investors.
Sky   |   Fri, 10 Jun 2016 16:08:34

Campaign Report: 13 Days to Go

Leave message: John Mann: We can create a more equal society if we Leave. Remain message: Remain makes travel easier/cheaper. Cut through: Boris interested in power, not Brexit. Leave social media count: 474,264 likes, 56,624 followers. Remain social media count: [...]
Guy Fawkes' blog   |   Fri, 10 Jun 2016 15:47:18

Survey: Europeans disapprove the way EU deals with Economic & Refugees crisis

Two weeks before the Brexit Referendum and support for the European Union has fallen across Europe. A survey by the Pew Research Center suggests that support for the European Union has fallen in several EU states. In Germany, the EU's popularity has fallen eight points to 50 percent in just ...
Keep Talking Greece   |   Fri, 10 Jun 2016 15:01:08

Solid UK activity data at odds with survey pessimism

UK industrial and construction output numbers for April released this week cast doubt on the widespread view that economic growth has slowed. This view rests mainly on weaker business surveys that may have been by Brexit uncertainty. Industrial output surged by 2.0% in April while construction output rebounded by 2.5% ...
Money Moves Markets   |   Fri, 10 Jun 2016 14:12:58

Global Bonds Yields Plunge To Record As Treasuries Test Flash-Crash Lows

German, Japanese, and British bond yields are plumbing historic depths as low growth outlooks combined with event risk concerns (Brexit, elections, etc.) have sent investors scurrying for safe-havens (away from US Biotechs). At 2.0bps, 10Y Bunds are inching ever closer to the Maginot Line of NIRP which JGBs have already ...
Zero Hedge   |   Fri, 10 Jun 2016 13:13:52

TREASURIES-Yields lowest since February on safety buying

NEW YORK, June 10- U.S. Ten-year yields in Germany, Japan and the United Kingdom all struck record lows on Friday. "There is some flight to safety because of concerns about' Brexit'," said Lou Brien, a market strategist at DRW Trading in Chicago.
CNBC   |   Fri, 10 Jun 2016 13:12:00

Circle June 23. A Vote That Day In The U.K. Could Affect Your Wallet

Most economists say an upcoming vote to determine the United Kingdom's role in the EU is a big deal. The so-called Brexit vote might upset trade deals, financial markets and currencies, they argue.
Marilyn Geewax / NPR   |   Fri, 10 Jun 2016 11:59:57

Frontrunning: June 10

Bund Brexit rally puts zero yield firmly in sight (Reuters) Investors Shed Assets as Government-Bond Yields Hit Fresh Lows (WSJ) Stocks Retreat With Oil as Record-Low Bond Yields Point to Angst (BBG) Oil prices ease from 2016 highs on stronger dollar (Reuters) Puerto Rico Debt Crisis Bill Passes U.S. House ...
Zero Hedge   |   Fri, 10 Jun 2016 11:41:13

Randgold and Fresnillo buck falling FTSE 100

Precious metal miners edge higher as gold and silver in demand With leading shares still under pressure on Brexit fears and falling oil prices, there are finally two risers in the FTSE 100. Unsurprisingly, with investors seeking the safety of gold and silver, they are both precious metal miners. Mexican ...
Nick Fletcher / Guardian   |   Fri, 10 Jun 2016 11:23:17

10 things you need to know today

Here is what you need to know. Bond yields are at/near record lows. Global bonds are seeing safe haven flows amid concerns about a slowing global economy and the upcoming Brexit vote. Germany's 10-year yield pressed to less than two basis points in early action while Britain's 10-year hit 1.22%, ...
Money Game   |   Fri, 10 Jun 2016 11:05:00

Stocks stuck in 'bull market purgatory': Pro

Jurrien Timmer, Fidelity Investments, and Kristina Hooper, Allianz Global Investors, share their outlook on the markets. There's no earnings growth, says Timmer. And Hooper weighs in on the likelihood of a "Brexit."
CNBC   |   Fri, 10 Jun 2016 10:13:00

FTSE falls as investors shun risk, with Standard Life hit by downgrade

Not one riser in leading index on concerns about world economy and Brexit risk Leading shares are continuing their slide after overnight dips in the US and Asia, with not a single riser currently in the FTSE 100. A weaker oil price - Brent crude is down 1% at $51.38 ...
Nick Fletcher / Guardian   |   Fri, 10 Jun 2016 08:30:38

My First Foray Into Brexit

Brexithas finally becomethe 'binary outcome' trade of the day. Many Europeans have felt that U.S. markets have been ignoring Brexit as an issue. In some ways that wastrue as the concept of Brexit wasjust a bit too amorphous and distant to command a lot of attention here, especially as we ...
Peter Tchir, Contributor / Forbes   |   Thu, 9 Jun 2016 15:00:00

European Integration With or Without Britain

When British Prime Minister David Cameron agreed with the EU in February on revised membership terms for the UK, he insisted that the EU be recognized officially as a union." The muddled way his demand was fulfilled reflects enduring confusion about how such a union can function.
Kemal Derviş / Project Syndicate   |   Thu, 9 Jun 2016 14:53:29