Brexit News Archive: 14 Jun 2016

$A slides as Brexit fears dominate markets

The uncertainty surrounding the upcoming Brexit vote has investors on edge, dragging the Australian dollar lower.
SMH   |   Tue, 14 Jun 2016 20:43:13

Brexit fears take toll on Con-Ed bond

Even a Single A rated credit from a defensive utility sector like Con Edison could not ignore a market sell-off Tuesday as the US energy company struggled to sell a US$550m 30-year bond.
IFR   |   Tue, 14 Jun 2016 20:39:00

Brexit could shock market

The market is probably still unprepared for Brexit if it happens.
CNBC   |   Tue, 14 Jun 2016 20:23:00

US stocks end lower ahead of Fed, Brexit fears weigh

US stocks ended slightly lower on Tuesday, with the DJIA and the S&P 500 posting their fourth declines in a row, weighed by Brexit concerns and ahead
Ani Salama / FX Street   |   Tue, 14 Jun 2016 20:19:53

Why you shouldn't gamble on a Brexit

Art Hogan, chief market strategist at Wunderlich Securities, tells CNBC there's no point in gambling on a Brexit.
CNBC   |   Tue, 14 Jun 2016 20:01:00

Leave camp eyes Brexit completion by 2019

Chris Grayling sets out timetable for departure but wants change 'at earliest opportunity'
FT   |   Tue, 14 Jun 2016 20:00:24

Gold closes higher, but off 5-week highs

Gold extended gains into a fifth consecutive day on Tuesday, underpinned by a flight to safety amid Brexit fears and ahead of the Federal Reserve deci
Ani Salama / FX Street   |   Tue, 14 Jun 2016 19:59:33

How Brexit May Affect The UK Education Sector

This week Sky News takes a look at the key sectors likely to be affected by the outcome of the looming EU referendum.
Sky   |   Tue, 14 Jun 2016 19:33:01

EUR/USD soft on Brexit concerns - Scotiabank

Analysts at Scotiabank explained that EUR/USD is trading softly as UK referendum fears weigh on spot directly and cross-related selling ...
Ross J Burland / FX Street   |   Tue, 14 Jun 2016 19:12:16

Closing Bell Exchange: Brexit tantrums

Discussing the current state of the markets ahead of the upcoming Brexit vote with Meg Green, Meg Green & Associates CEO; Stephen Guilfoyle, Deep Value Managing Director of Floor Operations; and CNBC's Rick Santelli.
CNBC   |   Tue, 14 Jun 2016 19:07:00

US STOCKS-Wall Street falls as Fed meets and Brexit vote looms

June 14- Wall Street fell on Tuesday as central bank policymakers weighed interest rates and the health of the U.S. economy and investors worried about an upcoming vote in Britain on whether to leave the European Union. While traders have discounted a rate increase this month, they will parse Fed ...
CNBC   |   Tue, 14 Jun 2016 18:44:00

Brexit imperils confidence of strangers

The uncertainty caused by a vote to leave the EU might trigger a sharp turnround in capital flows
FT   |   Tue, 14 Jun 2016 18:34:04

Stock market panic? It'll be much worse if Britain votes leave

A closer look at the markets suggests investors are only mildly worried about Brexit - or that they think it won't happen Brexit fears stalk global markets? Only up to a point. Since the polls turned in leave's favour - call it a week ago - the FTSE 100 index ...
Nils Pratley / Guardian   |   Tue, 14 Jun 2016 18:31:54

Markets: Stocks slump ahead of Fed decision on interest rates

Stocks extended their decline as the Fed kicked off a two-day monetary policy meeting. 'Brexit' fears also dragged on markets after the latest poll showed U.K. voters favoring an exit by a seven-point lead.
USA Today   |   Tue, 14 Jun 2016 18:31:41

Questions of housing, jobs and population in the Brexit debate | Letters

Forget the economy - those who want Brexit are happy to take a short-term hit for the long-term benefits over immigration and sovereignty. So why are they wrong? First, if the government can't reduce immigration on the portion that it already controls, Brexit will make no difference. Even with immigration ...
Letters / Guardian   |   Tue, 14 Jun 2016 18:28:58

Introducing 'Brexit and Chill', the confusingly pro-Remain campaign aimed at young people

Helena Horton / Telegraph   |   Tue, 14 Jun 2016 17:56:09

FTSE Loses £30bn In Value As Brexit Fears Grow

Further opinion polls showing growing support for the Out campaign have caused significant losses across European stock markets.
Sky   |   Tue, 14 Jun 2016 17:53:25

The roadmap for Brexit must be flexible

Telegraph View / Telegraph   |   Tue, 14 Jun 2016 17:40:51

FTSE 100 hits three-month low as Brexit fears grow

Shares suffer fourth day of heavy losses, while sterling and oil prices also fall Shares in London hit a fresh three-month low on Tuesday as Brexit worries swept through the City, wiping £30bn off the value of blue-chip companies. The FTSE 100 index closed down 121 points at 5923, its ...
Phillip Inman and Graeme Wearden / Guardian   |   Tue, 14 Jun 2016 17:39:59

Market turmoil: Is there anywhere left to hide?

Brexit is causing global market panic. The usual advice in times of turmoil is to bulk up on bonds, but does that make sense?
CNN   |   Tue, 14 Jun 2016 17:31:27

Zero Yields, the Fed and 'Brexit,' Oh My!

The Federal Reserve watches Brexit and negative German yields, not just the U.S. economy, as it weighs its own interest-rate policy.
WSJ   |   Tue, 14 Jun 2016 17:27:27

British Defense Chief Sees a Security Risk in Brexit

Britain's top defense official said a U.K. exit from the European Union would drive down British military spending and weaken the security of the West.
WSJ   |   Tue, 14 Jun 2016 17:26:26

Brexit fears fuel market rush for safety

Sterling and UK stocks hammered in historic rally in government bonds
FT   |   Tue, 14 Jun 2016 17:21:38

Brexit risk weakens European credit markets

Cost of default protection climbs to highest level since March
FT   |   Tue, 14 Jun 2016 17:21:29

Issuers brave tricky market

High-yield issuers confronted stormy market conditions to print new bond issues on Tuesday, as Brexit fears loom large.
IFR   |   Tue, 14 Jun 2016 17:07:00

Risk aversion grows as Brexit fears build

Stocks and oil fall as bonds extend rally
FT   |   Tue, 14 Jun 2016 17:04:40

USD/CHF remains in ranges, unaffected by USD strength

USD/CHF is flat so far on Tuesday despite US dollar strength across the board. Risk aversion amid fears about the outcome of the Brexit referendum on
Matías Salord / FX Street   |   Tue, 14 Jun 2016 16:46:32

British ambassador's silence on Brexit

Notebook: Annual garden party is a hard place to dodge worried guests, writes Anne-Sylvaine Chassany
FT   |   Tue, 14 Jun 2016 16:44:02

Spread jumps over 150 points amid Brexit fears (3)

Rome, June 14 - The spread between Italy's 10-year BTP State bond and the German bund jumped over the 150 basis points mark on Tuesday, the highest since February, amid investor fears about the impact of a possible British exit from the European Union. The spread, a key measure of ...
Gazzetta Del Sud   |   Tue, 14 Jun 2016 16:39:00

172 bn in Europe stock value up in smoke (2)

Milan, June 14 - Some 172 billion euros in European stock value went up in smoke Tuesday amid persistent Brexit fears. The Stoxx 600 index lost 1.92%. European stock markets have been getting more and more jittery amid polls showing a widening lead for the pro-Brexit camp in the June ...
Gazzetta Del Sud   |   Tue, 14 Jun 2016 16:32:00

U.S. Consumers Ask: 'What's Brexit?'

Strong retail sales belie recent worries about the U.S. economy. For the Federal Reserve, and investors, the risks are elsewhere.
WSJ   |   Tue, 14 Jun 2016 16:30:15

The Sun leads British media for Brexit

Murdoch's other national title, the Times, is likely to support UK remaining in EU
FT   |   Tue, 14 Jun 2016 16:22:46

The Brief from Brussels: more polls are pointing towards a Brexit

This is the Brief from Brussels, a daily roundup of some of the top stories making waves around Europe. In this episode: more polls point towards a...
euronews   |   Tue, 14 Jun 2016 16:16:39

Brexit fears trigger global bond records

Historic rally in government bonds records new milestone as risk aversion deepens
FT   |   Tue, 14 Jun 2016 16:14:40

Options traders pile into the fear trade

Options traders pile into the fear trade as Brexit and the Fed loom.
CNBC   |   Tue, 14 Jun 2016 16:08:00

Go-Ahead: leavers on the line

Transport operator is a potential loser in the event of Brexit
FT   |   Tue, 14 Jun 2016 16:00:54

Milan bourse closes 2.11% down (2)

Milan, June 14 - The Milan bourse lost another 2.11% Tuesday bringing to 8% its loss over the last three sessions amid Brexit fears. The FTSE-MIB index dropped to 16,271 points. Banking stocks suffered again and the rights from Banco Popolare's rights issue were 38% down. Other banks hit were ...
Gazzetta Del Sud   |   Tue, 14 Jun 2016 15:59:00

Brexit vote to spur volatility?

With the British referendum on EU membership around the corner, a great deal of market turbulence could be ahead.
CNBC   |   Tue, 14 Jun 2016 15:53:00

UPDATE 3-Germany's 10-year bond yield turns negative on Brexit worries

LONDON, June 14- Germany's 10- year government bond yield turned negative for the first time on Tuesday, as concern that Britain could vote to leave the European Union in a referendum next week sent investors scrambling for safe-haven debt. Lower-rated bonds in southern Europe fell out of favour with investors ...
CNBC   |   Tue, 14 Jun 2016 15:50:00

EMERGING MARKETS-Latam stocks, currencies down for 4th day on Brexit jitters

By Bruno Federowski and Priscila Jordão SAO PAULO, June 14 (Reuters) - Latin American stocks and currencies fell for a fourth day on Tuesday investors scampered toward safer assets amid mounting...
Reuters   |   Tue, 14 Jun 2016 15:49:31

New Poll Shows 7-Point Lead for Brexit's 'Leave' Campaign

Reuters.
Reuters. / World Affairs   |   Tue, 14 Jun 2016 15:48:28

GLOBAL MARKETS-Stocks fall, Bund yields go negative on Brexit fears

NEW YORK, June 14 (Reuters) - Safe-haven German Bund yields fell below zero on Tuesday for the first time and global equity markets slid for a fourth day running on rising worries about a potential...
Reuters   |   Tue, 14 Jun 2016 15:33:35

Exit camp still ahead in latest Brexit poll

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 15:33:31

As Brexit fears ramp up, US high-grade primary slows

The US investment-grade primary market slowed Tuesday as volatility kept some would-be borrowers on the sidelines.
IFR   |   Tue, 14 Jun 2016 15:27:00

UK bank liquidity no concern but Brexit hangs heavy over market

UK banks made limited use of additional liquidity from the Bank of England on Tuesday, though growing signs that the country is on course to leave the European Union weighed on their spreads.
IFR   |   Tue, 14 Jun 2016 15:20:00

Brexit concerns mount for markets

Anticipating the U.K. vote on leaving the European Union or not, with Rob Arnott, Research Affiliates Chairman & CEO.
CNBC   |   Tue, 14 Jun 2016 15:16:00

Jobs or no jobs? The Brexit question of the day

Labour Party heavyweights have waded into the Brexit debate by claiming if the country votes to leave the EU public sector jobs will be at...
euronews   |   Tue, 14 Jun 2016 15:11:36

Intermarket analysis: Gold extends gains on safe-haven demand

Gold extended gains on Tuesday, underpinned by safe-haven demand, as growing uncertainty surrounding the Brexit vote and fading hopes of a summer rate
Ani Salama / FX Street   |   Tue, 14 Jun 2016 15:11:35

Bracing for the Turmoil of a Potential Brexit

A vote for the U.K.'s exit from the EU would pose profound political, diplomatic and economic challenges for the British state, Simon Nixon writes.
WSJ   |   Tue, 14 Jun 2016 14:55:02

Brexit: Winners From The Plunging Pound

If you're looking for Brexit hedges, check out U.K. companies that manufacture locally but sell globally.
WSJ   |   Tue, 14 Jun 2016 14:54:04

TREASURIES-U.S. yields hit fresh 4-month lows as 'Brexit' vote looms

Treasury yields fell to four-month lows on Tuesday as growing fears about Britain leaving the European Union weighed on risk appetite and further pared expectations of a Federal Reserve interest rate hike this year. Recent polls have shown a growing majority of Britons favor leaving the European Union in a ...
CNBC   |   Tue, 14 Jun 2016 14:54:00

A Tale of Two Cities: How 'Brexit' Splits London

Before next week's vote on whether the U.K. should quit the EU, London's financial engine is broadly cleaved along generational lines.
WSJ   |   Tue, 14 Jun 2016 14:52:16

Concerned About Brexit? Survey Says Fund Managers Aren't, Ahead Of June 23 Vote

For all the panic about the UK leaving the European Union, few professional investors think there's a real chance of it happening.
Lauren Gensler, Forbes Staff / Forbes   |   Tue, 14 Jun 2016 14:50:00

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   |   Tue, 14 Jun 2016 14:49:41

Is the window for raising rates closed?

CNBC's Rick Santelli talks to Former Federal Reserve Governor Mark Olson about negative rates, normalization and Brexit.
CNBC   |   Tue, 14 Jun 2016 14:36:00

Brexit - no longer just a British problem

UK referendum cited as a factor in everything from weakness in the zloty to a drop in Asian stocks
FT   |   Tue, 14 Jun 2016 14:34:50

Cash levels 'consistent with recession'

Investors' cash levels are at their highest in nearly 15 years amid worries over a Brexit and monetary policy failure.
CNBC   |   Tue, 14 Jun 2016 14:34:00

GBP/USD drops to 1.4100 handle after TNS Brexit poll

The GBP/USD pair extended its slide and dropped to session low level of 1.4100 handle after the latest 'Brexit' poll continues to show rising support
Haresh Menghani / FX Street   |   Tue, 14 Jun 2016 14:31:12

The Draghi Put: ECB reportedly pledges market backstop on Brexit

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 14:26:25

Global central banks prepare swap facilities for Brexit vote

FRANKFURT, June 14- Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact. Indeed, the European Central Bank would publicly pledge to backstop financial markets in ...
CNBC   |   Tue, 14 Jun 2016 14:25:00

Crest warns of negative Brexit impact

Housebuilder says if UK votes to leave EU it would pause investing in land and people
FT   |   Tue, 14 Jun 2016 14:18:44

TNS Brexit poll shows leave 47%, remain 40%

According to media sources, the TNS latest poll shows 47% wants to leave the Eurozone and 40% wants to remain.
Ani Salama / FX Street   |   Tue, 14 Jun 2016 14:15:44

Brexit concerns loom

CNBC's Mike Santoli and Wunderlich Securities Chief Market Strategist Art Hogan weigh in on the VIX and Brexit vote.
CNBC   |   Tue, 14 Jun 2016 14:07:00

Brexit fears crush government bond yields, leave markets in turmoil

Investors snap up sovereign bonds as two polls showed the Vote Leave campaign, which wants to pull Britain out of the EU, with a seven-point lead over the Remain side
PAUL WALDIE / Globe and Mail   |   Tue, 14 Jun 2016 14:04:23

Canada-EU trade agreement stronger if Britain stays in EU, says Canada's Morneau

LONDON, June 14 (Reuters) - Canada's Finance Minister Bill Morneau said on Tuesday that its trade agreement with the European Union would be stronger if Britain remained part of the bloc.
Reuters   |   Tue, 14 Jun 2016 14:04:13

How Can the Average Investor Make Money Trading Currencies?

Investors are quite familiar with buying stocks and bonds. However, currencies rarely feature in the regular investor's portfolio. However, watching the poles in Britain and wondering if Brexit is also attracting investors to the risk of large currency swings. It is not just the Brexit that may be making investors ...
Katina Stefanova, Contributor / Forbes   |   Tue, 14 Jun 2016 14:03:00

Fears over Brexit wipe $30bn

Shares fell yesterday, wiping more than $30 billion in value, as investors braced for a British vote to leave the EU.
Austrailian   |   Tue, 14 Jun 2016 14:00:00

Stocks move lower over concerns about Brexit vote, Federal Reserve meeting

Stocks in the U.S. and globally were mostly lower for a fourth day Tuesday as jittery investors awaited the Federal Reserve's decision on interest rates and worried about Britain's vote on whether to leave the European Union. KEEPING SCORE: The Dow Jones industrial average fell 20 points, or 0.1%,...
Associated Press / LA Times   |   Tue, 14 Jun 2016 13:57:00

ECB would pledge to backstop markets after a Brexit - sources

The European Central Bank would pledge to backstop markets in tandem with the Bank of England should Britain vote to leave the EU.
CNBC   |   Tue, 14 Jun 2016 13:49:00

What the VIX is saying about Brexit

U.S. and foreign investors have woken up to the fact that a Brexit could become a reality.
CNBC   |   Tue, 14 Jun 2016 13:47:00

EXCLUSIVE-ECB would pledge to backstop markets after a Brexit - sources

FRANKFURT, June 14- The European Central Bank would publicly pledge to backstop financial markets in tandem with the Bank of England should Britain vote to leave the European Union, officials with knowledge of the matter told Reuters. The ECB's pledge would involve opening so-called swap lines with the Bank of ...
CNBC   |   Tue, 14 Jun 2016 13:40:00

European banks under considerable pressure: Pisani

CNBC's Bob Pisani looks ahead at banks, Brexit, sectors and the CBOE Volatility Index.
CNBC   |   Tue, 14 Jun 2016 13:36:00

Why so many British scientists love the EU

Scientists including Stephen Hawking say a vote for Brexit in this month's EU referendum would be a disaster for British science and universities.
CNN   |   Tue, 14 Jun 2016 13:26:32

Stocks shaky ahead of Fed meeting, Brexit vote

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 13:25:23

Cameron need not panic about Brexit, yet

The Leave campaign has the momentum but that does not mean it will win, writes Sebastian Payne
FT   |   Tue, 14 Jun 2016 13:24:30

TREASURIES-U.S. yields pare losses after strong retail sales data

*Yields fall on Brexit fears. NEW YORK, June 14- U.S. Global bond yields continued to fall, though, as fears grew in early trading about Britain exiting the European Union and sovereign debt yields in developed markets hit all-time lows.
CNBC   |   Tue, 14 Jun 2016 13:08:00

Pro-EU Side Nervous as Odds Slashed on 'Leave' for Brexit Vote

A string of polls are showing a surge in 'leave' sentiment.
U.S. News   |   Tue, 14 Jun 2016 13:01:49

Brexit front and centre for central banks

Impact of exit likely to be felt beyond the UK in other parts of the currency market
FT   |   Tue, 14 Jun 2016 12:43:01

Rising Brexit risk slams stocks and pound

A rapid narrowing of the odds on a British exit from the European Union has encouraged traders to sell stocks and devalue the U.K. pound.
CNN   |   Tue, 14 Jun 2016 12:41:30

Housebuilder says leaving EU would harm British construction industry

Stephen Stone, chief executive of Crest Nicholson, says Brexit would disrupt imports of building materials A UK vote to leave the EU would disrupt imports of bricks, timber and kitchens from continental Europe, the boss of housebuilder Crest Nicholson has warned. Stephen Stone, the company's chief executive, said ceramic tiles ...
Julia Kollewe / Guardian   |   Tue, 14 Jun 2016 12:39:28

How much will U.S. stocks drop from Brexit?

Investors are starting to worry about the risk that the U.K. decides to leave the European Union. A Brexit could provide a shock to not just European stocks but U.S. ones as well.
CNN   |   Tue, 14 Jun 2016 12:30:52

World stocks unravel on Brexit fears

Stock markets extended a global sell-off Tuesday on rising prospects of Britain next week voting to leave the European Union.
Bangkok Post   |   Tue, 14 Jun 2016 12:27:00

'Brexit' could have economic, political downsides for U.S. business

Brexit could have lasting economic and political consequences for the U.S., analysts say.
USA Today   |   Tue, 14 Jun 2016 11:55:14

Brexit would help UK manufacturing survive in a global market

The challenge posed by low-cost producers such as China will continue, whatever the EU referendum outcome Manufacturing matters and Brexit can help. Although a service sector economy, UK manufacturing is vital in achieving balanced and regional growth and reducing the large trade deficit. Strong global influences are challenging manufacturing, not ...
Gerard Lyons / Guardian   |   Tue, 14 Jun 2016 11:48:20

How should I vote in the EU referendum?

How European do you feel? What do you think about immigration? Decide your Brexit vote with this quiz
FT   |   Tue, 14 Jun 2016 11:46:32

What would happen to the EU after a Brexit?

Michael Wilkinson / Telegraph   |   Tue, 14 Jun 2016 11:44:24

What would Brexit mean for British trade?

Peter Foster / Telegraph   |   Tue, 14 Jun 2016 11:43:24

Bank of England pumps cash into banking system ahead of Brexit vote

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 11:42:16

EU referendum: What will 'Brexit' mean for migration?

Christopher Hope / Telegraph   |   Tue, 14 Jun 2016 11:40:53

Blackstone CEO: Brexit doesn't help growth

Britain has a with next week's Brexit vote, Blackstone chief Steve Schwarzman tells CNBC.
CNBC   |   Tue, 14 Jun 2016 11:11:00

Brexit vote will be 'nail-biter': Pro

Rich Clarida, Pimco global strategic advisor says the markets are dealing with a "triple whammy" right now and that is stirring up volatility.
CNBC   |   Tue, 14 Jun 2016 10:45:00

Brexit: what's priced and what's not

Pricing 'Brexit' risk is proving tricky for financial markets as the referendum looms
FT   |   Tue, 14 Jun 2016 10:30:53

German Bond Yield Goes Negative on Brexit Fears and Central Bank Policies

Investors are willing to pay interest to own the debt in reaction to fear that Britain will leave the European Union as well as concerns over the global economy.
JACK EWING / NY Times   |   Tue, 14 Jun 2016 10:20:06

Time Out shares drop on first day of trading amid Brexit fears

Shares fall 10% after company valuation at £195m last week, as the leave camp lead in the polls Time Out shares fell on the first day of stock market trading for the listings and city guides publisher. The shares, sold to investors at 150p each, fell about 10% to 135p ...
Sean Farrell / Guardian   |   Tue, 14 Jun 2016 10:18:48

Britain is betting more on Brexit, but I'm punting on Remain

Matthew Shaddick / Telegraph   |   Tue, 14 Jun 2016 10:12:03

Is Britain ready to risk it with Brexit? Why everyone could be wrong about the EU referendum

Asa Bennett / Telegraph   |   Tue, 14 Jun 2016 10:05:20

European stocks decline continues on worries over Brexit

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 10:00:20

If the 'Brexit' side wins, so do Trump and Putin

Both Donald Trump and Vladimir Putin would reap benefits from a British vote to leave the European Union. The post If the 'Brexit' side wins, so do Trump and Putin appeared first on The Japan Times .
Robert J. Shapiro / Japan Times   |   Tue, 14 Jun 2016 09:59:58

Focus on sterling as Brexit vote nears

Markets continue to leap around in their schizophrenic macrosphere caught between the excitement of cheap money and the fear that there is so little oxygen left at these lofty heights that the only way is down. But how can I be underweight assets and long cash if I actually get ...
IFR   |   Tue, 14 Jun 2016 09:59:00

Spread jumps over 150 points amid Brexit fears

Rome, June 14 - The spread between Italy's 10-year BTP State bond and the German bund jumped over the 150 basis points mark on Tuesday, the highest since February, amid investor fears about the impact of a possible British exit from the European Union. The spread, a key measure of ...
Gazzetta Del Sud   |   Tue, 14 Jun 2016 09:51:00

UK's Labour to rally pro-EU troops as Sun shines on Brexit campaign

Britain's opposition Labour leader will try to rally his party behind a campaign to keep Britain in the European Union after polls indicated growing momentum for those wanting to leave and the nation's biggest-selling paper backed Brexit. Jeremy Corbyn, criticised by some for offering only lukewarm backing for his party's ...
Times of Malta   |   Tue, 14 Jun 2016 09:49:00

EMERGING MARKETS-Brexit fright hits EM assets, Poland bears brunt

By Karin Strohecker LONDON, June 14 (Reuters) - Emerging stocks fell to the lowest level in nearly three weeks on Tuesday and Polish zloty volatility jumped to three-year highs as Brexit...
Reuters   |   Tue, 14 Jun 2016 09:45:00

Why the markets' Brexit-induced bumpiness is good for remain

This turbulence reinforces the in camp's message about the economic risks of leaving the EU Brexit pursued by a bear. Traders in the City of London are not especially renowned for their cultural appreciation but Shakespeare's most famous stage direction has been adapted to sum up the mood with just ...
Larry Elliott Economics editor / Guardian   |   Tue, 14 Jun 2016 09:43:27

European stocks sell-off extends as Brexit concerns mount

The European stocks tracked their global peers lower and dived deeper into the red on Tuesday, extending sell-off from the previous session, as renewe
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 09:39:12

Britain’s Coming Independence Day

Just as July 4 celebrates liberty and an end to tyranny, so will a vote for Brexit.
DOUGLAS CARSWELL / NY Times   |   Tue, 14 Jun 2016 09:30:58

US Treasurys rise as Fed, Brexit vote awaited

U.S. sovereign bond prices were higher Tuesday as the Federal Open Market Committee (FOMC) gathered ahead of Wednesday's interest rate decision.
CNBC   |   Tue, 14 Jun 2016 09:30:00

Gilt yields, sterling fall on Brexit woes

Seeking Alpha / Seeking Alpha   |   Tue, 14 Jun 2016 09:13:37

Brexit and the UK's geopolitical destiny

The future of the UK is tied, for better or worse, to the rest of Europe if only for reasons of proximity.
Al Jazeera   |   Tue, 14 Jun 2016 09:07:22

Oil drops as rising Brexit risk unnerves investors

Investor fears over next week's vote sweep financial markets, eclipsing signs of a return to health for crude prices
Amanda Cooper / Globe and Mail   |   Tue, 14 Jun 2016 09:02:18

Flight to safety turns 10-year Bund yield negative

Stocks fall ahead of central bank meetings as Brexit jitters spread
FT   |   Tue, 14 Jun 2016 08:41:14

Brexit risk damps investor manoeuvres

UK's referendum on EU membership seen as encapsulating geopolitical risks
FT   |   Tue, 14 Jun 2016 08:40:48

Brexit supporters have very high expectations. This is as much a problem for Boris Johnson as it is for David Cameron

Peter Foster / Telegraph   |   Tue, 14 Jun 2016 08:39:20

Two big flaws in the Economists for Brexit plan

There are numerous studies showing the economic costs of Brexit and the weight of academic opinion backs these estimates. But the Vote Leave campaign does have a small group of economists who claim that the UK can be better off if it leaves the EU. Economists for Brexit advocate a ...
Agelos Delis, Lecturer in Economics, Aston University / The Conversation   |   Tue, 14 Jun 2016 08:36:07

Risk Aversion Grows As Brexit Support Grows

Seeking Alpha   |   Tue, 14 Jun 2016 08:35:48

GLOBAL MARKETS-Brexit chill sends Bund yields sub-zero

LONDON, June 14- The yield on the 10- year German Bund, Europe's benchmark government bond, fell below zero for the first time on Tuesday as worries about a potential British exit from the European Union sent investors rushing for safe-haven assets. Polls and bookmakers' odds showed a rising chance of ...
CNBC   |   Tue, 14 Jun 2016 08:23:00

Op-Ed Contributor: Britain’s Coming Independence Day

Just as July 4 celebrates liberty and an end to tyranny, so will a vote for Brexit.
DOUGLAS CARSWELL / NY Times   |   Tue, 14 Jun 2016 08:20:09

Brexit is reopening euro zone sovereign wounds

France's bond yields are rising while Germany's are falling. It's a warning markets may doubt the integrity of the euro zone if a UK exit triggers copycat referendums. The ECB has neither the power nor the mandate to fight the kind of extreme outcomes that could ensue.
Breakingviews   |   Tue, 14 Jun 2016 08:09:00

Risk Aversion Grows as Brexit Support Grows

We're seeing risk aversion in the markets again on Tuesday as support for Brexit in the UK continues to rise ahead of the vote next week. The betting odds, which during the election and Scottish referendum provided a more accurate reflection of how people actually voted, suggest the gap between ...
Craig Erlam / OANDA   |   Tue, 14 Jun 2016 08:07:48

Don't believe it but here's hoping

A clear majority of voters want Britain to quit the European Union, according to a poll for The Times that gives Brexit a seven-point lead. The YouGov survey puts Leave on 46 per cent, up three points since the end ... read more
Tim Worstall   |   Tue, 14 Jun 2016 08:07:27

Brexit fears hammer Aust shares

Concerns about US interest rates and the Brexit led to a $27 billion fall on the Australian share market on Tuesday.
SMH   |   Tue, 14 Jun 2016 08:04:12

FTSE 100 falls below 6,000 and pound slides as Brexit fears drive flight to safety

Tara Cunningham / Telegraph   |   Tue, 14 Jun 2016 08:01:57

In the papers: Theranos, Austin Reed, Microsoft

The Times Asia's investors run scared over Brexit and China fears: Chinese and Japanese stocks led an Asia-wide sell-off as traders reacted nervously to weak investment data from Beijing and to rising fears of a potential Brexit. Amazon delivers fresh hit to Ocado: Shares in Ocado have fallen by another ...
Proactive Investors   |   Tue, 14 Jun 2016 07:57:00

Brexit Vote Is About the Supremacy of Parliament and Nothing Else: Why I Am Voting to Leave the EU

Brexit Vote Is About the Supremacy of Parliament and Nothing Else: Why I Am Voting to Leave the EU Here is a brief sample from this informative column by Ambrose Evans-Pritchard for The Telegraph: ... the EU as constructed is not only corrosive but ultimately dangerous, and that is the ...
Proactive Investors   |   Tue, 14 Jun 2016 07:50:00

CITI: Here's what our clients are asking us about the UK's Brexit vote

The UK's referendum on European Union membership is just days away, and investors have been unsure what to make of the potential for a Brexit - Britain leaving the EU. Nowhere has that uncertainty been more pronounced than in the currency markets. Since the referendum campaign began, the pound's volatility ...
Will Martin / Business Insider   |   Tue, 14 Jun 2016 07:29:11

$A lower as investors look to safe assets

The Australian dollar is subdued ahead of this week's US Federal Reserve rates announcement and next week's Brexit vote in the UK.
SMH   |   Tue, 14 Jun 2016 07:28:11

Latest Brexit polls spark fear

FTSE 100 called to open -25pts at 6020, which is up off overnight lows (just) but still under considerable pressure after breaching key 6050 support late yesterday. Note, however, next level support 6005 yet to be tested which may tempt bulls if we can get back above 6050. The Bears ...
Proactive Investors   |   Tue, 14 Jun 2016 07:22:00

How to avoid Brexit

My initial fearsabout how the EU referendum would play out appear, unfortunately, to have been realised. The debate over the size of the economic costs has been turnedinto Project Fear by Brexit campaigners (with the media's help), leaving most voters to believe they would be no worse off if we ...
Mainly Macro / Mainly Macro   |   Tue, 14 Jun 2016 07:19:00

Brexit, US rates fears hammer Aust shares

Concerns about US interest rates and the Brexit led to a $27 billion fall on the Australian share market on Tuesday.
SMH   |   Tue, 14 Jun 2016 07:14:24

Brexit fears wipe $30b off sharemarket

Australian shares crashed as global fears around a potential British exit from the EU caught up with local investors.
SMH   |   Tue, 14 Jun 2016 07:12:05

The UK AND Europe will hurt for years if there's a Brexit, JPMorgan's Pinto warns

A Brexit would hammer investment in the U.K and Europe for years, JPMorgan's investment banking boss Daniel Pinto said.
CNBC   |   Tue, 14 Jun 2016 07:08:00

Links for 06-14-16

Rethinking Robin Hood - Angus Deaton Brexit and the Globalization Trilemma - Dani Rodrik Time to fly my Neoliberal Freak Flag again! - Brad DeLong Inflation at the Household Level - NBER Which Labor Market Data Should You Believe? -...
Economist's View   |   Tue, 14 Jun 2016 07:06:00

This is how a Brexit will devastate the markets within just 6 months

In just over a week, Britons will vote on whether the UK should remain in or leave the European Union and analysts are pumping out their predictions on how a Brexit could impact Britain. The aftermath doesn't look pretty. According to Jacob Nell and his team at Morgan Stanley, the ...
Lianna Brinded / Business Insider   |   Tue, 14 Jun 2016 07:00:09

UK CPI preview: What to expect of GBP/USD?

GBP/USD eroded nearly 140-pips from session tops and now keeps falling as the latest Brexit polls continue to drive the GPB moves. At the time of writ
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 06:56:18

Brexit fears hit pound ahead of UK inflation data - business live

Sterling has fallen this morning as the City awaits the Bank of England's first emergency liquidity operation ahead of the EU referendum 7.37am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. It's Inflation Tuesday, the time when we ...
Graeme Wearden / Guardian   |   Tue, 14 Jun 2016 06:52:23

EU referendum: New polls boost Brexit campaign with just over a week to go

Laura Hughes / Telegraph   |   Tue, 14 Jun 2016 06:50:04

Worst day in four months

Local stocks have plunged more than two per cent amid sour global sentiment and Brexit worries.
Austrailian   |   Tue, 14 Jun 2016 06:39:00

Seaside town defies Brexit stereotypes

Socially diverse Hastings mirrors country's division over EU membership
FT   |   Tue, 14 Jun 2016 06:35:27

The Sun comes out in favour of Brexit and urges readers to free Britain from 'dictatorial Brussels'

Laura Hughes / Telegraph   |   Tue, 14 Jun 2016 06:35:14

GBP/JPY dives below 150.00, lowest since Aug 2013

The bears tighten grip in the early European trades, drowning GBP/JPY deeper in the red below 150 handle - key psychological support, as Brexit jitter
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 06:31:20

Scenarios of a new UK-EU relationship: A 'Bremain'

What consequences will Britain's EU referendum have for both the UK and the rest of Europe? In a series of papers published as a collaboration between EUROPP and CIDOB (the Barcelona Centre for International Affairs), LSE authors analyse the prospects for three scenarios - a Bremain, a 'soft' Brexit and ...
Blog Admin / EUROPP   |   Tue, 14 Jun 2016 06:30:02

Papers: Brexit dominates as Leave campaign surges in polls

Brexit and the Orlando massacre dominate the headlines this morning. The Times publishes its own poll that it says indicates a clear majority of voters want Britain to quit the European Union. The YouGov survey puts Leave on 46%, up three points since the end of last week. Remain is ...
Proactive Investors   |   Tue, 14 Jun 2016 06:06:00

Would the pound be weakened by Brexit?

It is a reasonable assumption the pound would fall following a Brexit - what happens after that, however, is not so easy to predict The pound has been falling on the foreign exchange markets as opinion polls have suggested that the result of the EU referendum on 23 June is ...
Larry Elliott Economics editor / Guardian   |   Tue, 14 Jun 2016 06:00:02

Brexit pricing precedents: an empirical study

As the Brexit referendum approaches, the market appears utterly incapable of taking its eyes off of the gaudy risk premiums on offer. Indeed, having apparently blown out liquidity in the sterling options market (the one week forward one week implied volatility is currently around 33% mid), the market may have ...
Macro Man / Macro Man   |   Tue, 14 Jun 2016 06:00:00

$26 billion wiped off Aust share market

The Australian share market has plunged to a seven-week low as more than $26 billion was wiped out amid US rates and Brexit fears.
SMH   |   Tue, 14 Jun 2016 05:28:15

Pound Falls Again As Markets Eye Brexit Polls

The pound has continued its slide against the dollar as a growing number of polls suggest the UK on course to leave the EU.
Sky   |   Tue, 14 Jun 2016 05:19:02

Murdoch's Sun newspaper backs Brexit

Britain's "Leave" campaign opened up a 7-point lead over "Remain" ahead of a referendum on membership of the European Union an opinion poll showed.
CNBC   |   Tue, 14 Jun 2016 05:18:00

Banks hit by Brexit fears

Is there something broken within the European banking system considering the weak sentiment seen in 2016? Manish Singh, strategist & head of investments at Crossbridge Capital, weighs in.
CNBC   |   Tue, 14 Jun 2016 05:04:00

EUR/JPY surrenders 120 yet again, drops to 119.60

The cross in the EUR/JPY came under renewed selling pressure post-Tokyo open, as escalating Brexit tensions continued to weigh on market sentiment and
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 05:01:58

Live: Markets struggle on Brexit fears

Our live blog is following market reaction as the U.K's biggest selling newspaper backs Britain leaving the European Union.
CNBC   |   Tue, 14 Jun 2016 04:45:00

Aust shares fall to seven-week low

The Australian share market has fallen to a seven week low as investors worry about an interest rate announcement in the US and the Brexit vote.
SMH   |   Tue, 14 Jun 2016 04:35:39

Is Putin betting on a Brexit?

Unlike many other world leaders, Russia's president Vladimir Putin has kept quiet about Britain's upcoming referendum on its membership of the EU.
BBC   |   Tue, 14 Jun 2016 04:33:39

Combative Brexiter behind Vote Leave

There are few checks on the power of Dominic Cummings, mastermind of the official Out campaign
FT   |   Tue, 14 Jun 2016 04:30:14

Fed: No action this week, greatest odds for next rate hike in September - RBS

Research Team at RBS, had expected uncertainty surrounding the Brexit vote to keep this cautious Fed on hold in June. Key Quotes "However, even if t
Sandeep Kanihama / FX Street   |   Tue, 14 Jun 2016 04:01:05

Brexit: Why I am voting to leave the EU

By Ambrose Evans-Pritchard With sadness and tortured by doubts, I will cast my vote as an ordinary citizen for withdrawal from the European Union. Let there be no illusion about the trauma of Brexit. Anybody who claims that Britain can lightly disengage after 43 years enmeshed in EU affairs is ...
Robert Wenzel / Economic Policy Journal   |   Tue, 14 Jun 2016 04:01:00

How much can we trust the Brexit polls?

With the referendum on whether the U.K. should stay a member of the European Union approaching, how reliable are the opinion polls?
CNBC   |   Tue, 14 Jun 2016 04:00:00

Brexit vote continues to intensify - ANZ

Research Team at ANZ, suggests that the focus on the Brexit vote continues to intensify. Key Quotes "A new poll by ICM/The Guardian showed a 53% to
Sandeep Kanihama / FX Street   |   Tue, 14 Jun 2016 03:54:13

Dollar falls as investors seek safety

The local currency has dipped as investors brace for decisions on US interest rates and 'Brexit'.
Austrailian   |   Tue, 14 Jun 2016 03:46:00

USD/JPY flirts with 106 handle amid Brexit-driven risk-off

The USD/JPY pair prolongs its downward trajectory for the fourth straight session this Tuesday, with the bears relentless as negative risk tone persis
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 03:26:05

JGB yields touch new record lows as Brexit fears hurt stocks

TOKYO, June 14- Japanese government bond yields dropped to new record lows on Tuesday as fears that Britain will vote to leave the European Union hurt equities and sent investors scurrying into safe-haven debt. The benchmark 10- year JGB yield fell as low as minus 0.170 percent, before edging back ...
CNBC   |   Tue, 14 Jun 2016 03:05:00

Asia risk-off extends on Brexit woes, ASX 200 tanks -2%

Risk-off sentiment continues to dominate the Asian markets for the second day today, with investors spooked by intensifying Brexit fears after the lat
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 03:02:59

$A falls as investors seek safe assets

Demand for risk assets like the Australian dollar, is subdued ahead of this week's US Federal Reserve rates meeting and next week's Brexit vote.
SMH   |   Tue, 14 Jun 2016 02:37:11

Oil futures fall as global growth, Brexit concerns weigh

Crude oil futures fell in early Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over global growth.
CNBC   |   Tue, 14 Jun 2016 02:37:00

Tuesday Watch

Evening HeadlinesBloomberg: Four Polls Put U.K. on Course to Leave EU as 'Sun' Backs Brexit. Britain appeared to be on course to leave the European Union, with four polls from three companies putting the "Leave" campaign ahead of "Remain." Monday saw a day of intense volatility on the currency markets, ...
Between the Hedges   |   Tue, 14 Jun 2016 02:32:00

GBP/USD heavy, Brexit polls show lead for the 'Leave' camp

GBP/USD slips back in the red in Asia, challenging 1.42 handle to the downside as the bears took charge after the latest UK's EU referendum polls reve
Dhwani Mehta / FX Street   |   Tue, 14 Jun 2016 02:25:50

5 Hard Truths about Brexit

Joergen Oerstroem Moeller Politics, Europe British secession from the EU would be messier than anyone can imagine. The outcome of the forthcoming referendum on Britain leaving or staying in the EU seems more and more unpredictable, raising the prospect that the majority will vote for leaving. This warrants a hard ...
Joergen Oerstroem Moeller / National Interest   |   Tue, 14 Jun 2016 02:08:00

Why 'Brexit' Is Upending Asia's Markets

The closeness in polls of the U.K.'s upcoming vote on whether to leave or stay in the European Union is now causing jitters in Asian markets.
WSJ   |   Tue, 14 Jun 2016 01:39:34

The saddest news -- Brexit may well happen!

I cannot believe that I am on the same side as the big investment banks; I always though that the UK had more to gain inside of Europe than outside (Economics valuation). Turns out the new polls are showing that a majority of Brits are for exit from Europe. It ...
Frozen in the North / Frozen in the North   |   Tue, 14 Jun 2016 01:26:00

Why Brexit worries Asia markets

Investors are nervous a British exit from Europe could hurt Asian exports and prompt a flight from emerging markets.
Austrailian   |   Tue, 14 Jun 2016 00:54:00

USD/JPY: higher in Tokyo, but risks remain with a bearish bias on Brexit

USD/JPY has popped higher, continuing its advance and recovery from 105.94 early doors...
Ross J Burland / FX Street   |   Tue, 14 Jun 2016 00:44:56

Asian Shares Slip as Fed, Brexit Loom

Asian stocks slipped on Tuesday amid growing worries this month's referendum in Britain could see it exit the European Union, while markets were also nervous ahead of the U.S. Federal Reserve's two-day meeting that begins later in the day.
REUTERS / NY Times   |   Tue, 14 Jun 2016 00:42:42

Asian shares slip as Fed, Brexit loom

By Lisa Twaronite TOKYO (Reuters) - Asian stocks slipped on Tuesday amid growing worries this month's referendum in Britain could see it exit the European Union, while markets were also nervous ahead of the U.S. Federal Reserve's two-day meeting that begins later in the day. The pound and euro have ...
Business Insider   |   Tue, 14 Jun 2016 00:41:06

GLOBAL MARKETS-Asian shares slip as Fed, Brexit loom

* Fed begins two-day meeting at which it is expected to stand pat
Reuters   |   Tue, 14 Jun 2016 00:38:04

Brexit winds buffet local market

The Australian sharemarket fell sharply as concerns of a possible British exit from the EU roiled global markets.
Austrailian   |   Tue, 14 Jun 2016 00:28:00

Pro-Brexit sentiment stirs up markets

The Fed begins its two-day meeting Tuesday as worries about the Brexit seep deeper into market psyche.
CNBC   |   Tue, 14 Jun 2016 00:19:00

Update on latest Brexit poll results: 'Leave' camp continues to lead

The latest UK's EU referendum polls have revealed that the 'Leave' campaign continues to defy the odds, taking a significant lead in some of the surve
Ivan Delgado / FX Street   |   Tue, 14 Jun 2016 00:15:19

Aberdeen AM: Gilts volatility is set to pick-up

British Gilts will be jittery about the Brexit vote and the looming Fed meeting, says Aberdeen Asset Management Asia's Gareth Nicholson.
CNBC   |   Tue, 14 Jun 2016 00:01:00

Global stocks fall, Bund yields go negative on Brexit fears

Safe-haven German Bund yields fell below zero for the first time and global equity markets slid for a fourth day running on rising worries about a potential British exit from the European Union.
Buenos Aires Herald   |   Tue, 14 Jun 2016 00:00:00

Looming 'Brexit' Vote Rattles Global Markets

Markets around the world were hit Monday by fresh fears that the U.K. could leave the European Union, a sign that global investors are grappling in earnest with a threat that they had largely ignored.
WSJ   |   Mon, 13 Jun 2016 23:50:14

Brexit: Are Remainers less visible than Leavers?

European stocks slid to a two-month low, tracking a global market slump, as investor anxiety that the U.K. will leave the European Union deepened. (June 13, 2016)
USA Today   |   Mon, 13 Jun 2016 23:45:28

EMERGING MARKETS-Mexico peso falls to nearly 4-month low on Brexit, Fed jitters

SAO PAULO, June 13 (Reuters) - The Mexican peso fell to its lowest level in nearly four months on Monday, as traders sold risky emerging market assets amid a slump in oil prices and fears that...
Reuters   |   Mon, 13 Jun 2016 23:17:38

Newspaper headlines: Brexit 'boost' and Labour fightback

Tuesday's papers ponder new EU referendum opinion polls and Labour's efforts to step up support for the Remain camp.
BBC   |   Mon, 13 Jun 2016 23:06:28

Why are JGB yields falling to record lows?

JGB yields are slipping due to Japan's own economic struggles, slowing global growth and Brexit uncertainty, says Wunderlich Securities' Art Hogan.
CNBC   |   Mon, 13 Jun 2016 23:02:00

Brexit risks leaving economy 'critically short' of workers, warns Manpower

Peter Spence / Telegraph   |   Mon, 13 Jun 2016 23:01:15

'It could end political civilisation'

A Brexit vote could destroy western political civilisation, one of the EU's most senior political figures warned.
Austrailian   |   Mon, 13 Jun 2016 23:00:00

The Brexit Debate and What it Means for Europe

Experts discuss the political and economic implications of a Brexit, and the next steps following a "stay" or "leave" vote on June 23.
Council on Foreign Relations / CFR   |   Mon, 13 Jun 2016 22:53:28

Traders: Betting on 'Brexit'

The "Fast Money" traders weighed in after a Monday poll revealed that support for Britain leaving the European Union has grown.
CNBC   |   Mon, 13 Jun 2016 22:49:00

Brexit fears drag on world stocks, while boosting yen

Global stock markets eased while the yen firmed yesterday amid concerns Britain may be on the verge of leaving the European Union following a June 23 referendum on its membership, an outcome that could adversely impact the world economy. A vote to leave the 28-member bloc, dubbed "Brexit", could tip ...
Reuters / Times of Malta   |   Mon, 13 Jun 2016 22:01:00

EU referendum: Britain turning away from world as Brexit vote looms, survey shows

Peter Foster / Telegraph   |   Mon, 13 Jun 2016 22:00:08

U.S. stocks fall as wary investors anticipate Fed meeting, Brexit vote

U.S. and global stocks fell for a third day on Monday, as concerned investors waited to see what the Federal Reserve would do with interest rates later this week and anxiously awaited the fate of Britain's membership in the European Union. LinkedIn shares jumped 47 percent, to $192.21after Microsoft...
Associated Press / LA Times   |   Mon, 13 Jun 2016 21:49:00

EUR/USD capped? Watching Fed and Brexit concerns - Scotiabank

Analysts at Scotiabank noted that EUR/USD spot is little changed over the weekend...
Ross J Burland / FX Street   |   Mon, 13 Jun 2016 21:47:01

Brexit fears heighten

CNBC's Seema Mody reports on a new poll from the Guardian/ICM where the choice for the UK to leave the EU is taking a 6-point lead.
CNBC   |   Mon, 13 Jun 2016 21:40:00

Brexit worries rattle markets

Some polls show votes for UK to leave European Union leading
USA Today   |   Mon, 13 Jun 2016 21:35:03

Aust stocks set to open weaker

The local share market is tipped to follow Wall Street into the red as investors brace for a possible Brexit.
Austrailian   |   Mon, 13 Jun 2016 21:32:00

$A slides as risk sentiment weakens

Major central bank policy announcements around the world and next week's Brexit vote have dampened risk sentiment, pushing down the Australian dollar.
SMH   |   Mon, 13 Jun 2016 21:27:11

How the Brexit splits London

London's financial engine is broadly cleaved along generational lines ahead of the vote on a Europe exit.
Austrailian   |   Mon, 13 Jun 2016 21:24:00

need2know: Stocks set to drop

Local sharemarket is poised to drop sharply at the open as nerves fray ahead of next week's Brexit vote in the UK.
SMH   |   Mon, 13 Jun 2016 21:16:03

Brexit and Fed Fears Weigh on World Stocks; Yen Firms

World stock markets fell while the safe-haven yen firmed on Monday amid concerns that Britain may be on the verge of voting to leave the European Union in a referendum that is two weeks away.
REUTERS / NY Times   |   Mon, 13 Jun 2016 21:06:31

Market Recap Jun 13, 2016

BREXIT! A quiet morning led to a bout of selling near the European close and then another round in the afternoon as this week looks like it will be about BREXIT! The S&P 500 fell 0.81% and the NASDAQ 0.94%. What is Brexit? Britain will choose to remain in the ...
Stock Trading To Go   |   Mon, 13 Jun 2016 21:04:59

The Sun Backs Brexit

The Sun backs Brexit: "The EU cannot reform. Remain has conducted a deceitful campaign. It has been nasty, cynical, personally abusive and beneath the dignity of Britain. Our country has a glorious history. This is our chance to make [...]
WikiGuido / Guy Fawkes' blog   |   Mon, 13 Jun 2016 21:03:20

Priti Patel warns Remain ahead of Telegraph EU debate: Attacking Boris personally makes a Brexit more likely

Christopher Hope / Telegraph   |   Mon, 13 Jun 2016 21:00:40

Official Brexit Polls Clash with Wagering Markets

On Friday, a poll for the Independent newspaper gave a massive 10-point lead to the British voting public that want to leave the European Union. Over the weekend, another poll for The Times newspaper gave leave vote a small lead. A Financial Times Poll of Polls gives leave a lead ...
Alfonso Esparza / OANDA   |   Mon, 13 Jun 2016 20:48:36

$A slides as risky events loom

The appetite for the Australian dollar has dampened as a number of risk events, including major central bank announcements and the Brexit vote loom.
SMH   |   Mon, 13 Jun 2016 20:48:11

Markets slide on UK worries

US stocks fell following steep declines in Europe and Asia amid concerns about Brexit and the world's economy.
Austrailian   |   Mon, 13 Jun 2016 20:48:00

George Osborne: Brexit is for the rich who can afford recessions

Chancellor stresses 'big economic risks' of vote to leave EU and says it could lead to public sector cuts George Osborne has said Brexit "is for the richest in our country" and warned of the potential impact on the economy if the UK votes to leave the European Union. He ...
Press Association / Guardian   |   Mon, 13 Jun 2016 20:31:02

Stocks slide on investor worries over global growth, Brexit vote

Seeking Alpha / Seeking Alpha   |   Mon, 13 Jun 2016 20:25:16

Bargaining post-Brexit trade deals: worse even than "project fear"

Brexiteers hope to convince us that Britain will, after exit, be able to retain its status as a global trading nation with special deals with its largest trading partners in the EU and elsewhere. Remain has painted a bleak picture of what will happen to the economy if Britain exits. ...
Tim Lord and David Harbord / Open Democracy   |   Mon, 13 Jun 2016 20:15:47

Pro-Brexit "Leave" Campaign Publishes Then Deletes Orlando Tweet Amid Criticism

It didn't take long for political opportunists to capitalize on the Orlando shooting incident, with the UK the pro-Brexit "Leave" campaign leading the charge. A tweet published by the group is coming under attack by media and political critics in [...]
Mark Melin / Value Walk   |   Mon, 13 Jun 2016 20:15:27

See the Surging 'Brexit' Volatility in the British Pound

The British pound fell as much as 1% against the U.S. dollar Monday before recouping much of those losses during afternoon trading in London. The moves are indicative of the surging volatility that's categorized the currency since early last month.
Ben Eisen / MoneyBeat   |   Mon, 13 Jun 2016 20:06:07

Brexit jitters ripple after 'Yoda' moves pound by divining poll

In a tweet, @JediEconomist correctly predicted unreleased poll results, sending the currency downward
Matthew Campbell / Globe and Mail   |   Mon, 13 Jun 2016 20:04:27

Gold hits 4-week high as Brexit vote shakes stocks

Gold rose for the fourth straight session and hit its highest since mid-May on Monday, driven by rising investor risk aversion.
CNBC   |   Mon, 13 Jun 2016 19:58:00

Vote Has Foreign Workers in Service Jobs on Edge

If Britain leaves the European Union, visa rules would have a profound impact on employees in the restaurant, hotel and construction industries.
LIZ ALDERMAN / NY Times   |   Mon, 13 Jun 2016 19:54:10

VIX Pops Above 20 On 'Brexit' Angst

The U.S. stock market's "fear gauge" jumped above a key round number for the first time in 3 1/2 months, a reflection of growing anxiety on the part of investors ahead of next week's stay-or-go referendum in the United Kingdom . The CBOE Volatility Index , or VIX, rose more ...
Chris Dieterich / Focus on Funds   |   Mon, 13 Jun 2016 19:37:28

The Establishment Has Lost Its Hold On The People, Brexit Gains Momentum

The Establishment Has Lost Its Hold On The People, Brexit Gains Momentum Written by Nathan McDonald (CLICK FOR ORIGINAL) People around the world are sick and tired of the status quo. They are sick and tired of the overly political correctness and the way that the system is attempting to ...
Sprott Money / Zero Hedge   |   Mon, 13 Jun 2016 19:35:09

TREASURIES-U.S. yields touch 4-month low on 'Brexit' fears

* U.K., Japanese 10-year yields fall to all-time lows * 'Brexit' fears weigh on risk appetite * Yield curve flattens to lowest level since 2007 (Updates data, adds quote) By Dion...
Reuters   |   Mon, 13 Jun 2016 19:14:58

How Brexit May Affect The UK's Manufacturers

This week, Sky News is taking a look at the key sectors likely to be affected by the outcome of the looming EU referendum.
Sky   |   Mon, 13 Jun 2016 19:11:22

Brexit not key for US markets: Experts

The Brexit vote will create short-term volatility but is not key for U.S. market this year, two experts say.
CNBC   |   Mon, 13 Jun 2016 19:09:00

Brexit Is For The Rich, Chancellor Claims

George Osborne warns that the poor would be worst hit by a Brexit - but a vote to remain would cause the economy to "bounce back".
Sky   |   Mon, 13 Jun 2016 18:46:47

Today's Headlines

Bloomberg: Brexit Polls by ICM Show 'Leave' Widening Lead Over 'Remain'. Two new polls by ICM suggested the U.K. is on course to quit the European Union, with both phone and online surveys showing the "Leave" side opening up a 5 percentage-point lead over "Remain." Corporate Bond Risk Surges in ...
Between the Hedges   |   Mon, 13 Jun 2016 18:43:00

Sterling seesaws as Brexit fears grip investors

Pound slips against dollar and euro before regaining ground in volatility not seen since financial crash of 2008 London's leading stock market index has dropped for a third day and the pound touched a two-month low as Brexit fears gripped investors in the run-up to the EU referendum. Sterling slipped ...
Phillip Inman Economics correspondent / Guardian   |   Mon, 13 Jun 2016 18:32:15

Brexit "Remain" Vote as Market Catalyst

Outflows from equity funds have been vicious this year. It's been particularly pronounced when looking at Europe-focused ETFs and mutual funds as well as the FTSE-benchmarked UK stock funds. This is being driven, most acutely, by Brexit fears, as opposed to the belief that the Fed is up to an ...
Joshua M Brown / Reformed Broker   |   Mon, 13 Jun 2016 18:26:31

Brexcitement

Well, this is momentum.The Guardian reports on new Brexit polls:Support for leaving the EU is strengthening, with phone and online surveys reporting a six-point lead, according to a pair of Guardian/ICM polls. Leave now enjoys a 53%-47% advantage once "don't knows" are excluded, according to research conducted over the weekend, ...
National Review   |   Mon, 13 Jun 2016 17:59:00

Tax is biggest risk, say FTSE 100 groups

Analysis of annual reports shows tax, terrorism, regulation and Brexit worry business
FT   |   Mon, 13 Jun 2016 17:57:59

Watch Yen strength on Brexit on risk sentiment - Nomura

Analysts at Nomura noted that JPY appreciation pressures have accelerated again as uncertainty about the outcome of the UK referendum...
Ross J Burland / FX Street   |   Mon, 13 Jun 2016 17:57:52

Biggest 'Brexit' fear is really not about the U.K.

There will always be an England, but what's not clear is whether there will always be a European Union or even a United Kingdom.
CNBC   |   Mon, 13 Jun 2016 17:55:00

Global markets rattled as Brexit gains traction

Peter Spence / Telegraph   |   Mon, 13 Jun 2016 17:53:31

A Tale of Two Cities: How 'Brexit' Splits London

Ahead of next week's vote over whether the U.K. should quit the EU, London's financial engine is broadly cleaved along generational lines.
WSJ   |   Mon, 13 Jun 2016 17:51:20

Brexit An Increasing Likelihood Increasing Market Volatility

Seeking Alpha   |   Mon, 13 Jun 2016 17:45:52

Brexit: EU Uncertainty is the New Normal

Maxime H.A. Larivé Global Governance, Europe Emotions have taken over facts. The question of the Brexit referendum regarding the status of the United Kingdom's membership in the European Union, is relevant to world affairs and reflects the general political mood in the West. On June 23rd, the British, Northern Irish, ...
Maxime H.A. Larivé / National Interest   |   Mon, 13 Jun 2016 17:40:00

Campaign Report: 10 Days to Go

Leave message: Three quarter of a million new EU citizens now have the right to come to the UK. Remain message: Gordon Brown says Brexit would be bad for jobs. Cut through: Nothing really. Leave social media count: 484,206 [...]
Guy Fawkes' blog   |   Mon, 13 Jun 2016 17:34:38

ECB reveals scale of bond buying

European credit markets weaken on Monday as sentiment is hit by Brexit fears and macro factors
FT   |   Mon, 13 Jun 2016 17:26:20

Brexiteers lead 52% to 48% in poll average +RPT+

(fixes typos). London, June 13 - Pro-Brexit voters are ahead of pro-EU voters by 52% to 48% in an average of all polls, the Guardian said Monday - the first time the Leave camp has been ahead of Remain in the average. In the latest ICM poll for the Guardian, ...
Gazzetta Del Sud   |   Mon, 13 Jun 2016 17:24:00

Brexit: Simply Impossible...

...to ignore. Admittedly the title to this week's comment is a bit of a tease, but in its entirety it is also true. The debate in the UK ahead
Amareos / Alpha Now   |   Mon, 13 Jun 2016 17:23:04

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   |   Mon, 13 Jun 2016 17:19:23

Brexit: British Pound Heading Lower, Gold Heading Higher

Seeking Alpha   |   Mon, 13 Jun 2016 17:16:41

FTSE 100 sheds £67bn in three days and pound plunges on Brexit fears

Tara Cunningham / Telegraph   |   Mon, 13 Jun 2016 17:14:34

Geopolitics, Central Banks Provide Push For Gold To Climb Above $1,400 An Ounce

Gold is looking more and more like a crucial trade. Fewer than two weeks remain before United Kingdom voters decide on whether the country will continue to be a member of the European Union (EU) or become the first-ever to leave it. The "Brexit," as it's come to be known, ...
Frank Holmes, Contributor / Forbes   |   Mon, 13 Jun 2016 17:12:00

Polls and bookies are split on Brexit

Will Britons vote to leave the European Union? Depends on who you ask.
CNBC   |   Mon, 13 Jun 2016 17:10:00

Microsoft to buy LinkedIn for $26bn in cash - as it happened

Software giant has stunned Wall Street by agreeing to buy business social media network LinkedIn Microsoft swoops on LinkedIn Video: Why they did the deal Deal worth $60 per user Brexit: ICM/Guardian poll shows growing support for Leave European markets are being rocked by Brexit fears 6.09pm BST And finally, ...
until 3.15 / Guardian   |   Mon, 13 Jun 2016 17:09:45

GBP/USD pulls back from highs as poll shows leave vote ahead

GBP/USD pulled back from daily highs as the pound continues to react to Brexit poll headlines, suggesting the leave vote remains ahead. According to
Ani Salama / FX Street   |   Mon, 13 Jun 2016 17:01:00

Over 130 bn euros of European stocks up in smoke

Milan, June 13 - Over 130 billion euros in share value went up in smoke across Europe Monday amid Brexit fears, expectations on Wednesday's Fed rate move and uncertainty over China's slowdown and Spanish elections. London lost 1.16%, Frankfurt 1.8%, Paris 1.85% and Madrid 2.2%. Milan, with a 2.91% s
Gazzetta Del Sud   |   Mon, 13 Jun 2016 16:52:00

Barclays is most exposed to Brexit turmoil, warn analysts

Tim Wallace / Telegraph   |   Mon, 13 Jun 2016 16:49:19

Exclusive: Leaked document reveals the secret agent working for Brexit at the heart of Jeremy Corbyn's Labour Party

Tom Harris / Telegraph   |   Mon, 13 Jun 2016 16:47:49

Monday assorted links

1. Which brands of automobile are most expensive to maintain? 2. Paul Krugman on Brexit. This morning the Betfair odds on Remain were down to 64 percent. Dani Rodrik on Brexit. Ambrose Evans-Pritchard on Brexit, by far the best case for it, well worth reading. 3. Is "none" singular or ...
Marginal Revolution   |   Mon, 13 Jun 2016 16:40:46

What is Boris Johnson's real name? We answer the most Googled questions about the leading Brexiteer

Daniel Dunford / Telegraph   |   Mon, 13 Jun 2016 16:39:08

Firms Back In Camp With Staff Brexit Warnings

BAE Systems and Barratt are among employers warning staff of the risks of Brexit, according to memos obtained by Sky News.
Sky   |   Mon, 13 Jun 2016 16:26:10

'Leave' takes lead in 'Brexit' poll

The 'leave' camp in the United Kingdom has taken a six-point lead in a new "Brexit" poll released Monday by The Guardian.
CNBC   |   Mon, 13 Jun 2016 16:24:00

Britain’s Debate Inflamed by Worries That Turkey Will Join E.U.

The possibility of Turkish membership, however remote, has injected issues of race, religion and tolerance into campaigns leading up to the June 23 vote on whether to stay in the bloc.
STEVEN ERLANGER / NY Times   |   Mon, 13 Jun 2016 16:22:54

Spread closes 7 points up at 143

Rome, June 6 - The spread between Italian and German 10-year bonds, a gauge of Italy's borrowing costs and investor confidence, closed seven points up on 143 amid Brexit fears Monday. The yield was 1.45%.
Gazzetta Del Sud   |   Mon, 13 Jun 2016 16:19:00

'Brexit' Fears Plain In ETF Trading

Investors have had tough time processing how to position for next week's referendum on whether the U.K. ought to exit the euro zone. Often, such "binary" events (in/out) turn out to be mere blips in the market's trajectory rather than black-swan like world-enders. After all, are you really going to ...
Chris Dieterich / Focus on Funds   |   Mon, 13 Jun 2016 16:16:59

Milan bourse closes 2.91% down (2)

Milan, June 13 - The Milan bourse closed 2.91% down amid Brexit fears and pressure on banking stocks Monday. The bellwether FTSE-MIB index fell to 16,621 points, a level not seen since February. London fell 1.16%, Frankfurt 1.80% and Paris 1.85%.
Gazzetta Del Sud   |   Mon, 13 Jun 2016 16:02:00

Financial Markets Update: Brexit Adds To Currency Concerns

May was an eventful month, as moderate oil prices and continued US Dollar strength took their toll around the world. Crude oil exporters such as Venezuela, Saudi Arabia, Nigeria, the United... The post Financial Markets Update: Brexit Adds To Currency Concerns appeared first on See It Market .
Greg Naylor / See It Market   |   Mon, 13 Jun 2016 15:59:19

Stocks, Bond Yields, & Cable Tumble After ICM 'Brexit' Poll Swings Dramatically To "Leave"

In May, ICM's poll showed a 10-point lead for "remain" in the UK's EU referendum. This morning, after rumors spread of a big "remain" poll, sending GBP higher, ICM just released the details of their latest poll showing a massive swing to 50% leave, 45% remain. Cable and S&P Futures ...
Tyler Durden / Zero Hedge   |   Mon, 13 Jun 2016 15:55:15

Better A Brexit For A Revitalized EU

Let me begin by saying I am a great Britophile. I lived in the UK for some fifteen happy years; I met my wife (even though French like myself) at Oxford where I did my doctorate; my three children were born in the UK; I love British humor; I have ...
Jean-Pierre Lehmann, Contributor / Forbes   |   Mon, 13 Jun 2016 15:54:00

What would Brexit mean for farmers and the Common Agricultural Policy?

Emily Gosden / Telegraph   |   Mon, 13 Jun 2016 15:37:41

Donald Tusk: Brexit Could 'Destroy Western Political Civilization'

BBC.
BBC. / World Affairs   |   Mon, 13 Jun 2016 15:35:54

Take Advantage Of The Brexit Premium

Seeking Alpha   |   Mon, 13 Jun 2016 15:30:41

What would Brexit mean for Britain's green targets?

Emily Gosden / Telegraph   |   Mon, 13 Jun 2016 15:22:36

Bracing for the Turmoil of a Potential Brexit

Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsMatthew Lloyd/Bloomberg NewsBracing for the Turmoil of a Potential Brexit A vote for the U.K.'s exit from the EU would pose profound political, diplomatic and ...
WSJ   |   Mon, 13 Jun 2016 15:09:41

Last high-yield deals before Brexit slowdown begin marketing

PVH Corp, Salini Impregilo and Verallia all began high-yield bond roadshows on Monday, for what are likely to be the final trades before the UK's referendum on EU membership
IFR   |   Mon, 13 Jun 2016 15:09:00

Britain's trade options after Brexit: no easy way out

By William Schomberg LONDON (Reuters) - Britain's status as a trade power has become one of the most contentious issues in the European Union membership referendum on June 23. The uncertain outlook for exporters, and the implications for investment in Britain, are driving much of the nervousness in financial markets ...
Business Insider   |   Mon, 13 Jun 2016 15:04:46

How likely is a UK population of 80m - and would it really be a problem?

JuliusKielaitis / Shutterstock.com Stay in the EU and the UK's population could rise to 80m people, claim those campaigning for Brexit. But looking at all the evidence and projections, it is highly unlikely that this will happen. And even if it does, I'm not sure it's a problem. The latest ...
Jane Falkingham, Dean of the Faculty of Social, Human and Mathematical Sciences, University of Southampton / The Conversation   |   Mon, 13 Jun 2016 15:03:46

Brexit: Winners From The Plunging Pound

If you're looking for Brexit hedges, check out U.K. companies that manufacture locally but sell globally
WSJ   |   Mon, 13 Jun 2016 14:55:23

European leaders hammer post-Brexit uncertainty

European leaders have refrained from wading too far into the Brexit debate across the Channel. This weekend saw two heavyweights, Donald Tusk and Wolfgang Schäuble, step in. The message is clear: Brexit would cause economic uncertainty and potentially even geopolitical disaster. Will the message get any traction or will it ...
Nina Schick / Open Europe   |   Mon, 13 Jun 2016 14:52:17

Toronto and U.S. stocks fluctuate as gold offsets banks on growing anxiety over Brexit risk and Wednesday's Fed meeting

In Canada, gold producers jumped 1.7 per cent, as investors flocked to the precious metal as a store of value. The big banks and energy stocks declined at least 0.6 per cent
Eric Lam, Bloomberg News / Financial Post   |   Mon, 13 Jun 2016 14:50:22

Gold hits five-week high

Gold prices on Monday hit levels not seen since the opening week of May as Brexit and global financial worries prompted nervous investors to look to the metal as a safe haven. Spot gold jumped up to just shy of US$1,287 an ounce in the morning session, although it gave ...
Proactive Investors   |   Mon, 13 Jun 2016 14:50:00

Stocks Under Pressure as Brexit and Fed Decision Loom over Market

Stocks remained under pressure, though were off lows by mid-morning Monday, as Microsoft (MSFT) sold off after announcing it will buy LinkedIn (LNKD) . Fears over a British exit from the European Union loomed over European markets and a Federal Reserve meeting also made for nervous trading. The S&P 500 ...
Alfonso Esparza / OANDA   |   Mon, 13 Jun 2016 14:46:23

TREASURIES-U.S. yields hit 4-month low as 'Brexit' fears weigh

* U.K., Japanese 10-year yields fall to all-time lows * 'Brexit' fears weigh on risk appetite By Dion Rabouin NEW YORK, June 13 (Reuters) - U.S. Treasury yields fell to a four-month low...
Reuters   |   Mon, 13 Jun 2016 14:45:27

Stocks up despite terrorism fears, Fed uncertainty, possible UK 'Brexit'

Dow post small gain ever as Microsoft tumbles after paying $26 billion for LinkedIn.
USA Today   |   Mon, 13 Jun 2016 14:41:58

EUR/GBP rally fizzles, slips back to 0.7900 handle

A sudden bout of buying interest around the British Pound, on rumors of the ICM 'Brexit' polls showing a 5 point lead to the 'Remain' camp, has now dr
Haresh Menghani / FX Street   |   Mon, 13 Jun 2016 14:39:58

U.S. stocks slightly lower before Fed meeting, Brexit vote

U.S. and global stocks were lower Monday as investors waited to see what the Federal Reserve would do with interest rates later this week and awaited the fate of Britain's membership in the European Union. LinkedIn shares jumped after Microsoft announced plans to buy the company. KEEPING SCORE:...
Associated Press / LA Times   |   Mon, 13 Jun 2016 14:39:00

Goodbye, 'Brexit' complacency

Markets have been complacent about the possibility of a British exit from the European Union, and last week they proved it.
CNBC   |   Mon, 13 Jun 2016 14:38:00

Brexit Will Hurt Markets

Brexit will hurt all financial markets because then other politicians may play the card too and the turmoil will worsen. The world already faces many problems as it is and this will just make things worse. (GBPUSD, British Pound, FTSE 100 Index)Jim Rogers is a legendary investor that co-founded the ...
Admin / Jim Talks Markets   |   Mon, 13 Jun 2016 14:36:00

Brexit fears grip global markets

Deutsche Bank chief international economist Torsten Slok and Manulife Asset Management chief economist Megan Greene discuss Brexit, risks, yield and inflation.
CNBC   |   Mon, 13 Jun 2016 14:35:00

Rubbish for Remain or Bins for Brexit? How the EU affects your garbage

Andrew Mitchell, CC BY-NC-SA One of the central arguments for people campaigning for the UK to leave the European Union is that outside the EU, Britain can makes its own decisions and thrive without laws being dictated from Brussels. While the debate is playing out between high-profile figures (we've even ...
Pravin Jeyaraj, Fellow, Law and Theory Lab, University of Westminster / The Conversation   |   Mon, 13 Jun 2016 14:28:53

GBP/USD surges to daily highs amid Brexit poll rumors

GBP/USD advanced in a sudden move to fresh daily highs amid rumours that the delayed ICM poll shows a 5 point lead for the remain vote in the EU refer
Ani Salama / FX Street   |   Mon, 13 Jun 2016 14:18:17

VIX jumps as Brexit fears mount

The VIX index of options volatility on the S&P 500 jumped to more than 18 on Monday, its highest level for more than two months as global markets begin to price in wider implications associated the UK's referendum on EU membership on June 23.
IFR   |   Mon, 13 Jun 2016 14:04:00

Stagnation, Brexit stoke jitters

Risk-aversion in global financial markets is on the rise, and fuelling demand for safe havens.
Austrailian   |   Mon, 13 Jun 2016 14:00:00

Brexit and the Globalization Trilemma

I have not written much on Brexit because I do not have a strong or particularly well-informed view of it. My personal hope is that Britain will choose to remain in the EU - but that is as much because...
Dani Rodrik / Dani Rodrik   |   Mon, 13 Jun 2016 13:49:54

Stocks drop amid terrorism fears, Fed uncertainty, possible UK 'Brexit'

Dow drops about 0.3% as Microsoft tumbles after paying $26 billion for LinkedIn.
USA Today   |   Mon, 13 Jun 2016 13:48:16

BREXIT WATCH - A lot of Brits apparently like the Norwegian model

June 13 Lauri Hälikkä, a fixed income strategist at Nordic bank SEB, is having difficulty getting a handle on the views of the British regarding EU membership. "With ten days left until the British EU elections, the first point we can reflect on is that the recent polls differ greatly ...
Proactive Investors   |   Mon, 13 Jun 2016 13:46:00

Daiwa Securities may have to replace some London functions in event of Brexit

Daiwa Securities, a Japanese brokerage with operations in the U.K., would have to set up a business in the European Union that replicates or replaces some functions in London if Britain votes to leave the bloc, according to a memo to employees.
Here Is The City   |   Mon, 13 Jun 2016 13:29:57

EU Official: Brexit Could Mean End of Western Civilization

Supporters of Britain leaving the European Union (dubbed Brexit) have called out those wishing to remain in the EU for running a scare campaign they dub Project Fear. Britons have been warned that their economy will crash and even their soccer teams not allowed to compete in Europe. But with ...
John Fund / National Review   |   Mon, 13 Jun 2016 13:20:01

Brexit details murky but one certainty is a complicated messy divorce

When Britons decide next week whether to leave the European Union the question will be simple: yes or no. Actually leaving would be far more complicated, rather like a drawn-out, painful and possibly bitter divorce.
The Associated Press / CBC   |   Mon, 13 Jun 2016 13:19:56

Stocks set to open lower ahead of Fed meeting, U.K. referendum

Investors are nervous amid increased terrorism worries, Fed uncertainty, possible UK Brexit
USA Today   |   Mon, 13 Jun 2016 13:17:23

Donald Tusk: Brexit could destroy Western political civilisation

European Council president Donald Tusk says a UK vote to leave the EU could threaten "Western political civilisation".
BBC   |   Mon, 13 Jun 2016 13:13:10

Why 'Brexit' Is Upending Asia's Markets

The closeness in polls of the U.K.'s upcoming vote on whether to leave or stay in the European Union is now causing jitters in Asian markets.
WSJ   |   Mon, 13 Jun 2016 13:07:41

Why a 'Brexit' would be good for Trump

If the British vote to leave the European Union, it could be a good sign for Donald Trump, says Jake Novak.
CNBC   |   Mon, 13 Jun 2016 13:00:00

Michael Gove: Brexit campaign is personal and I don't mind if it costs me a Cabinet job

Simon Johnson / Telegraph   |   Mon, 13 Jun 2016 12:47:10

European shares hit two-month low amid Brexit jitters

European shares fell to their lowest level in more than two months today, hit by a sell-off in cyclical stocks and widespread unease in markets over a possible British exit from the European Union. The pan-European FTSEurofirst 300 index was down 1.4 percent at 1,289.95 points by 1137 GMT after ...
Times of Malta   |   Mon, 13 Jun 2016 12:46:00

Brexit: Bookmakers Say A 'Leave' Result Is Unlikely, But The Pound Disagrees

After all the attempts by the press to whip up the prospect of a Brexit, the bookmakers are still offering 2/1 against odds.
Clem Chambers, Contributor / Forbes   |   Mon, 13 Jun 2016 12:41:00

Gold Scores 4-Wk High on Safe-Haven Demand as Brexit Vote Looms

Gold prices are solidly up and hit a four-week high in early U.S. trading Monday.
Kitco News, Contributor / Forbes   |   Mon, 13 Jun 2016 12:36:00

Gold Powers Toward a Brexit

Tim Knight / Tim Knight   |   Mon, 13 Jun 2016 12:33:02

Brexit would trigger a significant revamp of FX markets - Rabobank

Jane Foley, Research Analyst at Rabobank, notes that the Sterling volatility has ramped up significantly over the past few weeks with 1 mth vol in EUR
Sandeep Kanihama / FX Street   |   Mon, 13 Jun 2016 12:27:32

Britain's trade options after Brexit - no easy way out

LONDON, June 13 (Reuters) - Britain's status as a trade power has become one of the most contentious issues in the European Union membership referendum on June 23.
Reuters   |   Mon, 13 Jun 2016 12:24:08

Peak Project Fear: Brexit Will Cause Destruction of Western Civilisation

Forget World War 3. Forget pensions. Donald Tusk has trumped the lot with this piece of fear-mongering to end all fear-mongering: "As a historian I fear that Brexit could be the beginning of the destruction of not only the EU [...]
WikiGuido / Guy Fawkes' blog   |   Mon, 13 Jun 2016 11:38:07

Asian and European shares tumble over Brexit fears

Fears that Britain looks set to leave the European Union has sent jitters through the financial Markets. Asian and European shares fell sharply and...
euronews   |   Mon, 13 Jun 2016 11:37:26

Frontrunning: June 13

Chaos, Carnage Amid Orlando Rampage (WSJ) FBI Twice Probed Orlando Gunman (WSJ) How the Orlando Shooting Unfolded (WSJ) Brexit fear factor sends stocks spinning (Reuters) Pound Judgment Day Means Either Drop to 30-Year Low or 6% Rally (BBG) Asia Yields Follow Europe's to All-Time Lows on Brexit Concern (BBG) Gunman ...
Zero Hedge   |   Mon, 13 Jun 2016 11:37:08

Morning News: June 13, 2016

Brexit: Britain Leaving the EU Could Be A Messy Divorce Will MSCI Hand China a Game Changer? China Car-Sales Growth Reaches Five-Month High Fed Decision [...]
Eddy Elfenbein   |   Mon, 13 Jun 2016 11:29:06

Markets: The Week Ahead

From Marc to Market: Brexit Dominates The risk that the UK votes to leave the EU next week is the dominant force in the capital markets. It is a continuation of what was seen at the end of last week. Sterling fell 1.4% against the US dollar before the weekend ...
Climateer Investing   |   Mon, 13 Jun 2016 11:28:00

Brexit Vote Too Close To Call

Seeking Alpha   |   Mon, 13 Jun 2016 11:24:36

GBP/USD recovers to 1.4180, bearish bias remains on looming Brexit

For the time being, the GBP/USD pair seems to have found some support around 1.4120-15 session low level and has recovered to move back above 1.4150 l
Haresh Menghani / FX Street   |   Mon, 13 Jun 2016 11:23:20

Brexit would trigger second Scottish referendum within three years, Alex Salmond warns

Christopher Hope / Telegraph   |   Mon, 13 Jun 2016 11:20:50

The fear of Brexit is making the pound do something it has never done before

One-month sterling volatility - a measure of how much the British pound is expected to fluctuate in the coming month - has hit its highest level of all-time, as currency traders get increasingly jittery about the prospect of Britain voting to leave the European Union. On Monday, the pound's volatility ...
Will Martin / Business Insider   |   Mon, 13 Jun 2016 11:17:49

Sterling at 8-week low as Brexit polls put 'leave' in the lead

Sterling fell to a two-month low against the dollar on Monday as concerns grew about the threat of the U.K. voting to leave the EU in 10 days' time.
CNBC   |   Mon, 13 Jun 2016 11:08:00

Would Brexit compromise the future of UK science?

Leading scientists have been particularly vocal in arguing against the UK leaving the European Union. But how would Brexit really affect UK science, asks Tom Feilden.
BBC   |   Mon, 13 Jun 2016 10:58:03

BaFin says Brexit would hurt big German banks

The head of BaFin says big German firms would have the biggest problems if Britain separates from the European Union.
CNBC   |   Mon, 13 Jun 2016 10:53:00

Welcome to towns the Brexit debate forgot

Voters in deprived areas such as Birkenhead are feeling increasingly alienated
FT   |   Mon, 13 Jun 2016 10:49:49

Brexit fears, weak Chinese data pull down SE Asia stocks

Most Southeast Asian stocks closed lower on Monday, as risk appetite took a hit on concerns over Britain's likely exit from the European Union and on disappointing Chinese data, prompting investors to flock to safe havens such as gold and the yen.
Bangkok Post   |   Mon, 13 Jun 2016 10:43:00

Markets hit as 'Brexit' fears add to worries

Sterling, UK equities fall as Brexit fears spread
FT   |   Mon, 13 Jun 2016 10:37:37

Brexit Dominates

Seeking Alpha   |   Mon, 13 Jun 2016 10:32:54

GBP/USD drops further to 1.4140 on Brexit, Gilts

The Sterling remains on the defensive at the beginning of the week, now relegating GBP/USD to test daily lows in the 1.4140 region. GBP/USD tumbles o
Pablo Piovano / FX Street   |   Mon, 13 Jun 2016 10:14:56

Pound Slides As Uncertainty Over Brexit Builds

Back a number of months it was generally assumed that we Britons simply would not vote to leave the European Union. That was rather the reason that the referendum itself upon Brexit was called. To try to lance the boil of euroscepticism while there was no real risk of a ...
Tim Worstall, Contributor / Forbes   |   Mon, 13 Jun 2016 10:14:00

Sterling falls as investors fret about Brexit risks

Sterling stumbles against the dollar and yen as polls suggest the chances of the UK voting to leave the EU have increased.
BBC   |   Mon, 13 Jun 2016 10:02:08

Uncertainty surrounding Brexit is 'significant issue' for Ford

Uncertainty surrounding the vote next week in the U.K. over whether it remains part of the European Union is a "significant issue" for Ford.
CNBC   |   Mon, 13 Jun 2016 09:58:00

'Brexit' could trigger second Scots independence vote

It's been 20 months since Scotland voted by a margin of 55% to 45% to remain part of the United Kingdom.
USA Today   |   Mon, 13 Jun 2016 09:50:15

Stocks, sterling fall on "Brexit" fears

Gold jumps and bond yields fall amid global growth concerns
FT   |   Mon, 13 Jun 2016 09:46:34

Britain's EU referendum: The vote of my lifetime

Britain's vote on whether to remain a member of the European Union is less than two weeks away. CNNMoney's Richard Quest explains why it matters.
CNN   |   Mon, 13 Jun 2016 09:45:41

Oil prices under pressure from rising economic concerns

Asia's darkening economic outlook weighs on markets; Brexit worries pull stocks lower, support dollar
Libby George / Globe and Mail   |   Mon, 13 Jun 2016 09:38:59

EMERGING MARKETS-Brexit, Fed and China jitters rattle emerging markets

* EM shares down 1.7 pct in biggest fall since Feb * China shares slip over 3 percent after fragile data * Zloty, Forint volatility futures spike on Brexit jitters * Rouble slides as oil...
Reuters   |   Mon, 13 Jun 2016 09:37:20

CEE MARKETS-Prague stocks hit 7-year low, leading falls on Brexit fears

* Czech stocks hit 7-year low, Polish near 4-month lows * Brexit fears weigh on regional assets, could boost volatility * MSCI emerging market indices review adds to risk By Sandor Peto...
Reuters   |   Mon, 13 Jun 2016 09:25:15

Milan bourse sinks amid Brexit fears

Milan, June 13 - The Milan stock exchange's FTSE Mib index shed 1.7% in early trading on Monday, with investors spooked by the prospect that Britain may vote to exit the European Union. Bank stocks were hit especially hard, with MPS down 3.8%, Mediolanum, BPM and BPER losing 3.1%, and ...
Gazzetta Del Sud   |   Mon, 13 Jun 2016 09:15:00

GBP/USD slammed to 1.4130 as Brexit fear intensifies

The GBP/USD pair Monday's downfall gained momentum during early European trading session, with the pair now dropping to a fresh session through level.
Haresh Menghani / FX Street   |   Mon, 13 Jun 2016 09:12:44

Nervous home buyers offered 'Brexit clauses'

Katie Morley / Telegraph   |   Mon, 13 Jun 2016 08:59:12

Brexit Fear Factor Sends Stocks Spinning

Fears Britain is on the verge of voting to leave the European Union next week spread through global financial markets on Monday, sending Asian and European shares sharply lower and the pound to an eight-week low.
REUTERS / NY Times   |   Mon, 13 Jun 2016 08:48:31

GLOBAL MARKETS-Brexit fear factor sends stocks spinning

* Crude oil futures extend losses after Friday's 3 pct tumble
Reuters   |   Mon, 13 Jun 2016 08:45:47

FTSE falters on Brexit and growth fears but Inmarsat flies high

Leading shares under pressure but maritime deal lifts satellite group Leading shares have started the week on a downbeat note, as the cocktail of concerns gripping markets over the past few days shows little sign of easing. More disappointing Chinese data, with industrial production and retail sales both below expectations, ...
Nick Fletcher / Guardian   |   Mon, 13 Jun 2016 08:44:58

Brexit fears on the rise

Seeking Alpha / Seeking Alpha   |   Mon, 13 Jun 2016 08:34:55

Brexit: Less than two weeks to go - Danske Bank

Research Team at Danske Bank, suggests that with less than two weeks to referendum day, it is no longer possible to register as a voter (the deadline
Sandeep Kanihama / FX Street   |   Mon, 13 Jun 2016 07:38:05

Stocks fall amid global growth concerns

Gold jumps as bond yields fall and "Brexit" fears abound
FT   |   Mon, 13 Jun 2016 07:03:13

Pound and shares hit by Brexit and growth fears - business live

Sterling has hit an eight-week low against the US dollar, as EU referendum worries hit the markets 7.37am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Has #Brexiety reached fever pitch yet? If the global economy does not ...
Graeme Wearden / Guardian   |   Mon, 13 Jun 2016 06:46:59

GBP/USD hurt by Brexit, around 1.4200

The British pound remains well entrenched into the red territory today, taking GBP/USD to the 1.4200 area for the time being. GBP/USD attention to Br
Pablo Piovano / FX Street   |   Mon, 13 Jun 2016 06:37:06

Brexit would cause big problems for German banks: German financial watchdog

A British vote to leave the European Union would hit large German banks, the head of German financial watchdog Bafin said.
CNBC   |   Mon, 13 Jun 2016 06:28:00

Motley Fool: Bonds are a bad place to be

Investors are fleeing to bonds amid Brexit and Fed uncertainty. This might be a big mistake, warns The Motley Fool's David Kuo.
CNBC   |   Mon, 13 Jun 2016 02:07:00

Emerging Markets: Preview of the Week Ahead

(from my colleague Dr. Win Thin)EM ended last week under pressure. With two potentially disruptive events (FOMC meeting and Brexit vote) still in play, we think that EM softness should carry over into this week. Markets remain jittery about the June 23 Brexit vote, as a vote to leave would ...
Marc Chandler / Marc to Market   |   Sun, 12 Jun 2016 23:58:13

New poll from Opinium shows a huge lead for Brexit

A new Poll from Opinium shows a huge lead for Brexit. While the poll was commissioned by the Brexit backing Bruges Group think tank, "is further evide
Ivan Delgado / FX Street   |   Sun, 12 Jun 2016 22:50:09

Notes on Brexit

Remain, but with feelings of despair.
Paul Krugman / Paul Krugman - Blog   |   Sun, 12 Jun 2016 17:13:38

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

Paris courts bankers threatened by Brexit

French capital launches campaign to woo City financiers in case Britain votes to leaves the EU
FT   |   Wed, 8 Jun 2016 20:24:35

Brexit threatens UK's role in the world

Why would China listen to us if our sway with Europe, and hence the US, had shrunk? asks John Kerr
FT   |   Wed, 8 Jun 2016 15:07:03

U.K. Triple A rating at risk on Brexit - S&P

Seeking Alpha / Seeking Alpha   |   Wed, 8 Jun 2016 12:17:55

Know-nothing Brexit party

Evidence is such a complicated thing
FT   |   Wed, 8 Jun 2016 11:38:47

Brexit: How long would UK take to leave?

Process could be delayed by Tory leadership contest and EU negotiations
FT   |   Tue, 7 Jun 2016 22:23:59

COLUMN-Fed to move post big vote, and I don't mean Brexit: James Saft

June 7- Americans are likely to know both who their new president is and how their Thanksgiving turkey tastes before they get an interest rate increase. Fed Chair Janet Yellen fully earned her scouting badge for central banking speech-making on Monday, managing to be vague, reassuring and noncommittal in more ...
CNBC   |   Tue, 7 Jun 2016 19:00:00

Economic arguments about Brexit have succumbed to group-think

Roger Bootle / Telegraph   |   Sun, 5 Jun 2016 18:55:29

David Cameron Says Brexit Would Cause Mortgage Increases

David Cameron, the British Prime Minister, is piling on the fear, uncertainty and doubt over the upcoming referendum on whether Britain should leave the European Union. The latest threat is that if Brexit happens, if Britain becomes newly sovereign again, then mortgages will become more expensive. This of course strikes ...
Tim Worstall, Contributor / Forbes   |   Sun, 5 Jun 2016 07:16:00

Support for Brexit is no longer a minority viewpoint on the British left

In recent years, Euroscepticism has frequently been associated with the right of the political spectrum in the UK, but a number of figures on the left have also voiced their support for the country leaving the EU. Imke Henkel writes that while criticism of the EU's handling of the Eurozone ...
Blog Admin / British Politics and Policy at LSE   |   Wed, 1 Jun 2016 11:00:45

A British Test of Reason

If voters in the UK decide in the country's referendum on June 23 to leave the EU, it will not be for economic reasons; indeed, it is more than apparent that Brexit would carry huge economic costs. So why does the outcome of the vote remain far from certain?
Jean Pisani-Ferry / Project Syndicate   |   Tue, 31 May 2016 17:23:30

Brexit 'an enormous economic problem'

Former Prime Minister Tony Blair says leaving the EU would create "an enormous economic problem" following any Brexit vote on 23 June.
BBC   |   Sun, 29 May 2016 12:44:49

Economists overwhelmingly reject Brexit in boost for Cameron

Poll shows 88% of 600 experts fear long-term fall in GDP if UK leaves single market, and 82% are alarmed over impact on household income Nine out of 10 of the country's top economists working across academia, the City, industry, small businesses and the public sector believe the British economy ...
Sonia Sodha, Toby Helm and Phillip Inman / Guardian   |   Sat, 28 May 2016 19:30:13

A Post-Referendum Agenda for Britain

Even if voters in the UK choose to remain in the EU, Prime Minister David Cameron will have an unpleasant mess to clean up. Rather than focus on the home front, Cameron should take the lead in putting in place a credible European policy for dealing with mass migration.
Chris Patten / Project Syndicate   |   Thu, 26 May 2016 15:33:30

S&P: The pound could lose its spot as one of the world's top currencies in a Brexit

Credit ratings agency Standard & Poor's has warned that the pound could lose its place as one of the world's most important reserve currencies if Britain votes to leave the European Union in June. In a new report, titled "Brexit Is A Risk To The Reserve Status Of Sterling" S&P ...
Will Martin / Business Insider   |   Wed, 25 May 2016 13:31:01

IFS warns Brexit would extend austerity for two more years

Thinktank says lower growth and extra borrowing would offset any benefits from halting what it claims is the £150m a week UK contribution to Brussels Britain's leading tax and spending thinktank, the Institute for Fiscal Studies, has warned that leaving the European Union would force ministers to extend austerity measures ...
Phillip Inman Economics correspondent / Guardian   |   Tue, 24 May 2016 23:01:23