Brexit News Archive: 16 Jun 2016

British MP murdered in the street

Labour politician and pro-Remain supporter Jo Cox, 41, was shot and stabbed by a man yelling "Britain First" one week out from the Brexit vote.
Austrailian   |   Thu, 16 Jun 2016 22:45:00

Jo Cox MP dies after attack in West Yorkshire - latest updates

Labour MP for Batley and Spen shot after advice surgery 52-year-old man arrested Police investigating reports suspect shouted 'Britain first' Video: Jo Cox's maiden Commons speech 10.38pm BST Times columnist Sathnam Sanghera makes a very valid point in this tweet: These politicians paying tribiute to Jo Cox's work with Syrian ...
Chris Johnston, Andrew Sparrow and Claire Phipps / Guardian   |   Thu, 16 Jun 2016 21:40:22

Reuters 'Explains' Today's Market Move

Uncertain WTF happened today in every market? Reuters has the unbelievable answer... As shocking as that Reuters' headline is, it appears - for now - to be exactly the catalyst that sparked panic-buying in Sterling, on hopes that a Brexit vote may be delayed, which in turn lifted all risky ...
Zero Hedge   |   Thu, 16 Jun 2016 21:38:49

After Jo Cox's Killing, a Heartless but Necessary Market Assessment

Columnist James Mackintosh examines why markets nervous about the 'Brexit' vote reversed course Thursday after the killing of a British lawmaker.
WSJ   |   Thu, 16 Jun 2016 21:34:07

Market Recap Jun 16, 2016

Indexes opened down but rallied once European indexes closed. The S&P 500 gained 0.31% and the NASDAQ 0.21%. We won't talk about Brexit today in light of the dour news overseas. U.K. Prime Minister David Cameron stating that all campaigning around the E.U. referendum has been suspended, following news that ...
Stock Trading To Go   |   Thu, 16 Jun 2016 21:01:37

Stocks stage big swing, end 5-day down streak

Stocks shake off morning blues despite growing angst about next week's Brexit vote
USA Today   |   Thu, 16 Jun 2016 20:22:24

Yen-Tervention, Yen-Sanity, And Brexit

Seeking Alpha   |   Thu, 16 Jun 2016 20:13:27

From Entropy To Ecstasy - A Market In Chaos

So to recap - Fed dismal and no change - warns of Brexit, BoJ disappoints with no change - warns of Brexit, BoE does nothing - warns of Brexit, Brexit polls show "Leave" leading... but an England win in Euro2016 and the death of a British MP was enough to ...
Zero Hedge   |   Thu, 16 Jun 2016 20:03:18

6 days of stock market turbulence

U.S. stocks are in jeopardy of suffering their longest losing streak since the market freakout in August. Concerns about a possible Brexit and central bank policies continue to drive stocks lower and gold even higher.
CNN   |   Thu, 16 Jun 2016 19:27:07

British MP Jo Cox Murdered in Presumed Brexit-Related Attack

A British MP, Jo Cox, is dead in a presumed politically-driven murder.
Naked Capitalism   |   Thu, 16 Jun 2016 18:33:36

ECB closes ranks with Bank of England to avert Brexit crunch

Ambrose Evans-Pritchard / Telegraph   |   Thu, 16 Jun 2016 18:31:03

LATAM CLOSE-No deals price in LatAm primary market

* LatAm primary on hold over Brexit * Petrobras Argentina preps bond, buyback * CPFL to use cash, debt for AES Sul buy By Mike Gambale and Paul Kilby NEW YORK, June 16 (IFR) - No...
Reuters   |   Thu, 16 Jun 2016 18:23:22

Stocks Trim Losses

U.S. stocks pared early losses, lifted by gains in the telecommunications and utilities sectors. The Dow industrials had fallen as much as 169 points earlier after Japan's central bank dashed hopes for additional monetary easing and amid concerns about the U.K.'s 'Brexit' vote. Campaigning in that vote was halted Thursday ...
WSJ   |   Thu, 16 Jun 2016 18:13:38

Why the Bank of England was right to reveal Brexit anxiety

Though the central bank's warning about the EU vote may sound alarmist to Brexiters, it would be bizarre if it stayed silent on the issue Mark Carney's irritation with Bernard Jenkin is understandable. The governor of the Bank of England has been scrupulous - painfully so, at times - to ...
Nils Pratley / Guardian   |   Thu, 16 Jun 2016 18:12:28

Eurozone could cope with Brexit fallout, says Eurogroup chief

Peter Spence / Telegraph   |   Thu, 16 Jun 2016 17:49:49

Renzi dismayed at 'horrible' Brit Labour MP assassination

(supersedes previous)Rome, June 16 - Italian Premier Matteo Renzi on Thursday expressed dismay over the stabbing and shooting murder of British Labour MP Jo Cox, 41, by a Brexiteer earlier in the day. "A horrible act of hatred that casts a shadow over the hearts of us all," Renzi said. ...
Gazzetta Del Sud   |   Thu, 16 Jun 2016 17:36:00

Dow reverses triple-digit loss, turns positive

Stocks shake off morning blues despite growing angst about next week's Brexit vote in the U.K.
USA Today   |   Thu, 16 Jun 2016 17:25:55

Jo Cox: Mother, humanitarian slain

Before she was attacked and killed Thursday, Jo Cox was known for her vocal stance in the "Brexit" debate -- as well has her beloved persona in and out of Britain's Parliament.
CNN   |   Thu, 16 Jun 2016 17:24:06

LatAm borrowers on hold as Brexit fears roil market

Latin America's primary bond markets have ground to a halt this week as fears over a possible UK exit from the European Union send bond spreads wider and stop investors from taking on risk.
IFR   |   Thu, 16 Jun 2016 17:22:00

The show goes on for high yield issuers

The high yield market continued to bat off Brexit risk concerns as well as general market volatility as borrowers issued new paper on high investor demand.
IFR   |   Thu, 16 Jun 2016 17:10:00

Will Brexit Give The US Negative Interest Rates?

Submitted by John Rubino via DollarCollapse.com, One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is generally seen as the premier safe haven currency, would Japan and much of Europe have government bonds - and ...
Tyler Durden / Zero Hedge   |   Thu, 16 Jun 2016 16:51:39

EU eyes legal options for quick Brexit

Lawyers are examining ways to suspend rights of British companies within the single market
FT   |   Thu, 16 Jun 2016 16:39:56

Brexit Explained: What It Is and How It Could Change the World

PHIL NOBLE By Suman Bhattacharyya,The Fiscal TimesJune 16, 2016 What is Brexit? Brexit, a portmanteau of the words "Britain" and "exit," refers to Britain leaving the European Union. Why do I keep hearing about it? On Tuesday, June 23, the U.K. will hold a referendum on whether Britain should leave ...
arader / Fiscal Times   |   Thu, 16 Jun 2016 16:36:42

Virgin Media owner backs Brexit fight

Liberty Global says broadband investment could be cut if Britain leaves EU
FT   |   Thu, 16 Jun 2016 16:30:38

US banks face Brexit fallout: Report

Banks will see earnings and staff impacted if the UK quits the EU, but analysts say not to fear.
CNBC   |   Thu, 16 Jun 2016 16:30:00

6 days of selling grip Wall Street

U.S. stocks slumped again Thursday, leaving the Dow on track for its longest losing streak since the market freakout in August. Concerns about a possible Brexit and central bank policies continue to drive stocks lower and gold even higher.
CNN   |   Thu, 16 Jun 2016 16:25:19

What Trumpism and Brexit have in common

It's fair to say there are similar forces driving both phenomena. But there are stark differences too.
CNBC   |   Thu, 16 Jun 2016 16:25:00

Goldman and JPMorgan have most to lose on Brexit - KBW

Seeking Alpha / Seeking Alpha   |   Thu, 16 Jun 2016 16:23:22

What Will Brexit Bring to the US?

By John Rubino One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is generally seen as the premier safe haven currency, would Japan and much of Europe have government bonds - and some corporate... Please ...
EconMatters / EconMatters Global   |   Thu, 16 Jun 2016 16:23:00

Global Bonds Enter The Twilight Zone?

Chikako Mogi of Bloomberg reports, Japan Bond Yields Tumble to New Lows as Yen Soars on Brexit, Fed: Japan's government bonds surged, driving down yields from five to 40 years to record lows as the yen surged after the central bank kept policy unchanged, while the Federal Reserve cited Brexit ...
Leo Kolivakis   |   Thu, 16 Jun 2016 16:02:00

Should Britain Listen to America's Brexit Lectures?

Doug Bandow Politics, Americas Two U.S. senators presume to know more about British security than its own residents. We are told that God is concerned when even a sparrow falls to earth-and apparently, so is Washington. It seems that there is no event around the globe with which America is ...
Doug Bandow / National Interest   |   Thu, 16 Jun 2016 16:01:00

EU referendum: how to trade it

With the Leave campaign holding a small lead, investors are preparing how to hedge a possible Brexit
FT   |   Thu, 16 Jun 2016 15:58:39

UPDATE 1-Brexit fears reopen euro zone bond market rift in echoes of crisis

* Cost to insure Portuguese debt hits 4-month high (Adds new milestones)
Reuters   |   Thu, 16 Jun 2016 15:50:41

Finance geeks must have say on Brexit

As with Lehman, technical points apparent only to experts can set off unpredictable chain reactions
FT   |   Thu, 16 Jun 2016 15:48:24

GLOBAL MARKETS-Yen jumps as BoJ holds off easing; oil prices drop

* Banks lead European stocks lower as Brexit worries dominate
Reuters   |   Thu, 16 Jun 2016 15:45:28

Brexit: What Are the Consequences?

Heard on the Street podcast: The looming risks of Britain's vote and Tencent's massive mobile-gaming deal
Miriam Gottfried / MoneyBeat   |   Thu, 16 Jun 2016 15:44:27

Jo Cox Shot And Stabbed, In Critical Condition

Labor MP Jo Cox was shot and stabbed multiple times as anger over the Brexit referendum appears to have boiled over. She is in critical condition after being attacked inside her constituency in West Yorkshire. The MP has recently been [...]
Value Walk   |   Thu, 16 Jun 2016 15:44:06

Thursday assorted links

1. Brexit pricing precedents. 2. Ships have gottten too big. 3. Why are some murder rates going back up? 4. The excellent Katherine Mangu-Ward is the new editor-in-chief of Reason magazine. 5. Cass Sunstein on GoodReads. 6. Not trusting authority is a key pro-Brexit indicator. The post Thursday assorted links ...
Marginal Revolution   |   Thu, 16 Jun 2016 15:40:13

A Third of UK Businesses Think Brexit Would be Bad for Economy

A third of businesses in the UK think Brexit would be bad for the economy, according to a poll that also shows company bosses in London and Scotland are most worried about a vote to leave the EU in next week's referendum. The poll of 3,394 business owners and finance ...
Alfonso Esparza / OANDA   |   Thu, 16 Jun 2016 15:40:03

Cashin: Careful of game-playing at close

CNBC's Bob Pisani and Art Cashin, of UBS, discuss the large European banks under "extreme pressure," and the potential impact from Brexit on U.S. banks.
CNBC   |   Thu, 16 Jun 2016 15:40:00

Berlin frets about EU influence if UK goes

Berlin fears dominant role would be undermined by Brexit
FT   |   Thu, 16 Jun 2016 15:38:32

Dow trims losses, off 55, as slide hits Day 6

Stocks are off morning lows amid growing angst about next week's Brexit vote in the U.K.
USA Today   |   Thu, 16 Jun 2016 15:33:01

EMERGING MARKETS-Latam stocks, currencies down as Brexit worries reemerge

By Bruno Federowski SAO PAULO, June 16 (Reuters) - Latin American stocks and currencies fell on Thursday as investors returned their focus to Britain's possible exit from the European Union. ...
Reuters   |   Thu, 16 Jun 2016 15:30:28

Hard to be optimistic with these Brexit polls - Tusk

Brussels, June 16 - It is "very hard to be optimistic" about Britain voting to stay in the EU amid polls showing a big lead for Brexit, European Council President Donald Tusk said Thursday. He said a Brexit "made no sense" and would lead to "seven years of political limbo ...
Gazzetta Del Sud   |   Thu, 16 Jun 2016 15:17:00

BoE to ease monetary policy in case of Brexit - Danske

Today the Bank of England as expected left interest rates and the purchase program unchanged. According to analysts from Danske Bank...
Matías Salord / FX Street   |   Thu, 16 Jun 2016 15:16:16

Gold to Yellen, Brexit: "Me Likey"

As the world's smartest and most influential economists scratch their collective heads amidst the growing realization by investors that once omnipotent, omniscient central bankers don't really understand what it is that they are doing (presumably, if they did understand how this all works, they would have fixed things by now) ...
Tim / Tim Iacono   |   Thu, 16 Jun 2016 15:01:24

Bank of England spat with Vote Leave over Brexit comments

The Bank of England governor Mark Carney has clarified comments he made on the upcoming EU referendum. Bank of England says Brexit will...
euronews   |   Thu, 16 Jun 2016 14:23:30

Big brands furious over Brexit 'propaganda'

General Electric, Unilever, Airbus, Toyota and Nissan are furious at British campaigners for using their logos in 'propaganda' to promote a U.K. exit from the European Union.
CNN   |   Thu, 16 Jun 2016 14:23:24

Anger at Immigration Fuels the UK's Brexit Movement

Growing public hostility toward migrants and politicians tighten the British vote on EU membership.
Thomas K. Grose / U.S. News   |   Thu, 16 Jun 2016 14:18:41

What Does It Really Mean For People

While there's been talk about the impact of Brexit on the supposedly Big Important Things such as The City and Big Finance, trade, etc., there's been very little discussion about what it would actually mean for ordinary UK citizens. Nobody really knows. What will those currently residing elsewhere in Europe, ...
Eschaton   |   Thu, 16 Jun 2016 14:16:00

FX: Brexit volatility triggers warnings on stop-loss orders

The potential for next week's EU referendum to trigger a sizeable movement in sterling highlights the need for clients to review their use of stop-loss orders as a risk-management mechanism, amid memories of the SNB debacle.
Euromoney   |   Thu, 16 Jun 2016 14:00:00

Euro wakes up to Brexit threat

Currency could be caught in the cross hairs if UK leaves EU
FT   |   Thu, 16 Jun 2016 13:52:47

Brexit poses visa threat to EU workers

Study investigates impact of immigration rules if Britain leaves the union
FT   |   Thu, 16 Jun 2016 13:48:41

Global Investors Wake Up to 'Brexit' Threat

While investors once believed that the British would vote to stay in the EU, the week's polls have made them less sure. That has led funds from Peru to Australia scrambling with how to react to a vote that is unprecedented.
WSJ   |   Thu, 16 Jun 2016 13:48:12

UPDATE 3-Brexit darkens cloud hanging over European banks

*Bank of England warns of global spillover. LONDON/ FRANKFURT, June 16- Euro zone bank stocks dipped to near four-year lows on Thursday as worry spread that a British exit from the European Union would worsen their already dim prospects. The share slide underscores the problems that could face all European ...
CNBC   |   Thu, 16 Jun 2016 13:43:00

Dow sinks 100 pts, as slide hits Day 6

The Dow, already riding a five-session losing streak, opened more than 100 points lower Thursday amid growing angst related to next week's Brexit vote in the U.K.
USA Today   |   Thu, 16 Jun 2016 13:41:48

No reason to change euro zone policies for Brexit- Disjsselbloem

LUXEMBOURG, June 16 (Reuters) - Euro zone finance ministers see no reason to change fiscal or financial stability policies in the single currency bloc before a British referendum on whether to leave...
Reuters   |   Thu, 16 Jun 2016 13:39:26

Brexit risk for Italy as part of EU - Padoan (2)

Brussels, June 16 - Brexit poses a risk to Italy as part of the EU but no risk to Italy in particular, Economy Minister Pier Carlo Padoan said Thursday. "Italy is exposed to the risk as part of the EU which is the area most exposed immediately," he said. The ...
Gazzetta Del Sud   |   Thu, 16 Jun 2016 13:36:00

Brexit Debate Boils Down To Who You Trust For UK Voters - On That Basis Staying In Is Obvious Choice

The facts about the UK's EU referendum can be hard to come by. In part this is because any attempt to warn about the dangers of leaving are greeted with hysteria by Leave campaigners who think that shouting is an acceptable substitute for reasoned argument. It is also because for ...
Mike Scott, Contributor / Forbes   |   Thu, 16 Jun 2016 13:23:00

Bank of Japan Stands Pat

The Bank of Japan left its asset-purchase program and negative interest rate unchanged ahead of the "Brexit" vote next week.
WSJ   |   Thu, 16 Jun 2016 13:11:58

Why do Brexiteers just refuse to accept hard evidence?

First Published: 16/06/2016 They are living in a fantasy world Can anything new be said about the EU referendum debate, especially about the economics? However we carry on, as we must, to try and persuade those undecided or wavering, ... Read more ›
George Magnus   |   Thu, 16 Jun 2016 13:07:34

The World's Ins and Outs

As the UK's debate about whether to withdraw from the EU has heated up, "in" and "out" have come to define the stark choice facing voters in the "Brexit" referendum on June 23. The British are not alone: the world is increasingly divided between the mentalities underpinning support for the ...
Project Syndicate   |   Thu, 16 Jun 2016 12:53:27

Brexit fears reopen euro zone bond market rift in echoes of crisis

LONDON, June 16 (Reuters) - Tension emanating from Britain's Brexit debate has reopened a fault line between the haves and have-nots in the euro zone bond market in an echo of the debt crisis that...
Reuters   |   Thu, 16 Jun 2016 12:45:39

Here's a super-quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, IWIM)

Via Dave Lutz at JonesTrading, here's a super-quick guide to what traders are talking about right now: Good Morning! Futures under pressure for a 6th straight day after some bloodletting in Asia as BOJ stands pat and we get hit with our Daily Dose of Brexit Angst. Germany's Ifo warns ...
Money Game   |   Thu, 16 Jun 2016 12:21:00

Thursday Morning Links

MUST READS Wary Fed Rethinks Pace of Hikes - WSJ Dovish Fed tips German 10-year bond yield to record low - Reuters Yellen Says Forces Holding Down Rates May Be Long Lasting - Bloomberg Government bond yields tumble as Brexit retakes spotlight - CNBC Gold just scored a ticket to ...
Tim Iacono   |   Thu, 16 Jun 2016 12:16:04

Yen Surges to Almost Two-Year High as 'Brexit' Storm Approaches

The yen soared to its highest level against the dollar in nearly two years after Japan's central bank left its policy unchanged, the latest sign of how the U.K.'s "Brexit" vote is tying global policy makers' hands.
WSJ   |   Thu, 16 Jun 2016 12:15:38

BoE keeps 'all options open' after Brexit

Bank reassures markets it will take any steps necessary to calm turmoil
FT   |   Thu, 16 Jun 2016 12:13:47

The Brits Battle Over Brexit

D.D. Guttenplan Next week's referendum on whether to leave the EU is an issue that cuts across traditional lines of ideology or party loyalty.
D.D. Guttenplan / The Nation   |   Thu, 16 Jun 2016 12:00:16

Another major organisation just warned that Brexit could devastate the German economy

Another major economic organisation has warned about how Britain leaving the European Union - Brexit - could severely damage the German economy. According to new analysis from the highly respected Ifo Institute for Economic Research, a German research house, the "biggest risk" facing the German economy right now is Brexit, ...
Will Martin / Business Insider   |   Thu, 16 Jun 2016 11:50:51

Futures lower as Fed comments, Brexit vote spook investors

By Yashaswini Swamynathan (Reuters) - U.S. stock index futures were lower on Thursday, a day after the Federal Reserve kept interest rates unchanged but warned of slowing economic growth and the repercussions of Britain's possible exit from the European Union. The Fed kept borrowing rates at 0.25 percent-0.30 percent and ...
Business Insider   |   Thu, 16 Jun 2016 11:36:44

Investors Flee Banks in U.K. and Europe, as 'Brexit' Jitters Mount

The beleaguered European banking sector is bracing for another hit to funding costs and profits should Britain decide to exit the European Union in next week's referendum.
WSJ   |   Thu, 16 Jun 2016 11:35:39

'Brexit' Could Harm Global Economy, Says BOE

A vote in favor of leaving the European Union in the U.K.'s referendum on membership next week could adversely affect the global economy, the Bank of England said, in its latest assessment of the potential consequences of a British exit from the 28-member bloc.
WSJ   |   Thu, 16 Jun 2016 11:35:26

Frontrunning: June 16

Global Stocks Fall as Bank of Japan Stands Pat (WSJ) European stocks, oil slide as growth fears add to Brexit pressure (Reuters) Yellen Says Forces Holding Down Rates May Be Long Lasting (BBG) Fed's Yellen acknowledges difficulty of escaping world's low rate grip (Reuters) Oil hits three-week low on weak ...
Zero Hedge   |   Thu, 16 Jun 2016 11:30:56

Citi Rank And Filed Can't Believe Senior Execs Chose "Annual Ferrari Road Trip" Over Brexit Prep

Yes, "Ferrari road trips" are a thing.
Dealbreaker   |   Thu, 16 Jun 2016 11:30:12

Bank of England stays on hold, warns on Brexit

Seeking Alpha / Seeking Alpha   |   Thu, 16 Jun 2016 11:23:25

The Latest: Bank of England worries about Brexit

The minutes to the Bank of England's last policy meeting show the rate-setters are worried about the economic and market repercussions of a British vote to leave the European Union next week
U.S. News   |   Thu, 16 Jun 2016 11:22:12

Survation Brexit poll: leave at 45%, remain at 42%

Latest Survation Brexit poll shows leave at 45%, remain at 42% and 13% undecided.
Ani Salama / FX Street   |   Thu, 16 Jun 2016 11:20:14

In or Out? Don't just shake your portfolio about

What are the economic implications, potential market impact, and consequences for UK pension schemes of Brexit? In my previous post, I discussed the timeline for Brexit, should it happen, and split it into three periods: pre-referendum, post-referendum negotiations and post-negotiations. The purpose of establishing these divisions was to emphasize that ...
RedBlog   |   Thu, 16 Jun 2016 11:19:38

Brexit stunts stand in for thinking

Remain's Budget is fishy, Leave's flotilla is fishier
FT   |   Thu, 16 Jun 2016 11:17:23

Bank of England: economy will be hit hard if Britain leaves EU

Central bank's monetary policy committee's says pound likely to tumble and markets would react erratically to Brexit, as interest rates remain at 0.5% The Bank of England has issued a fresh warning that a vote to leave the EU in next week's referendum risks knocking economic growth, pushing the pound ...
Katie Allen / Guardian   |   Thu, 16 Jun 2016 11:14:57

The seven days of Brexit: how a Leave government could bypass Article 50

Most agree that leaving the EU would entail a negotiating period of at least two years, as set out in Article 50 of the Treaty on European Union. But, argue Frank Vibert and Gunnar Beck, this is not a certainty. If a Brexit vote - combined with a Commons majority ...
Blog Admin / British Politics and Policy at LSE   |   Thu, 16 Jun 2016 11:00:35

Morning News: June 16, 2016

Putin's Reliance on American Commerce Has Never Been Greater Jordan Puts SNB on Alert for Turmoil as Brexit Probability Rises China Dumping More Than Treasuries [...]
Eddy Elfenbein   |   Thu, 16 Jun 2016 10:55:07

Central bankers on standby for Brexit

Swiss National Bank joins chorus of concern from global policymakers over the past few days
FT   |   Thu, 16 Jun 2016 10:49:41

Carney Fires Back in Defense of BOE's Brexit Conduct

Bank of England Governor Mark Carney issued a stern defense of the central bank's conduct during the U.K.'s debate on its place in the EU.
WSJ   |   Thu, 16 Jun 2016 10:48:25

How to trade a Brexit panic

Using Kensho, we screened for the best-performing ETFs on increases in the likelihood of a Brexit.
CNBC   |   Thu, 16 Jun 2016 10:47:00

EMERGING MARKETS-Brexit fears, Fed and BoJ restraint hit emerging markets

By Karin Strohecker LONDON, June 16 (Reuters) - Emerging markets fell on Thursday as caution on the economy from U.S. Federal Reserve and disappointment at a lack of new stimulus from the Bank of...
Reuters   |   Thu, 16 Jun 2016 10:45:26

Brexit concerns

Polls have never been perfect as evidenced by recent UK election forecasts. However, the trend that is developing as the Brexit vote approaches is evidently turning towards the 'Out' vote. And while neither camp is ready to commit themselves, the 'Out' campaign are gaining confidence while the 'In' campaign are ...
Antoine Briffa / Times of Malta   |   Thu, 16 Jun 2016 10:41:00

Leave or Remain in the EU? The arguments for and against Brexit

Ben Riley-Smith / Telegraph   |   Thu, 16 Jun 2016 10:37:02

Beaufort Securities Breakfast Alert: Poundland,Oxford Instruments, Berkley Group and others

"The FTSE-100 is seen opening quite sharply lower once again this morning (down around 65 points), with the markets trying to take all ramifications of a possible Brexit on board. Even the Fed's decision to leave short-term rates unchanged yesterday appears, at least in part, to await the outcome of ...
Proactive Investors   |   Thu, 16 Jun 2016 10:06:00

Brexit: Why Jitters Are Spreading Beyond U.K.'s Shores

Until recently, markets have tended to think of Brexit as as a U.K. event. But with polls suggesting that the "leave" campaign has the momentum, there are signs of contagion to Europe.
WSJ   |   Thu, 16 Jun 2016 10:05:34

ECB's Nowotny: ECB, BoE to provide liquidity to each other if needed

VIENNA, June 16 (Reuters) - The European Central Bank (ECB) and the Bank of England (BoE)have agreed to provide liquidity to each other if needed, ECB governing council member Ewald Nowotny said...
Reuters   |   Thu, 16 Jun 2016 09:49:12

The issue that's dividing Britain

Britain has lost control of its borders. Immigrants make the economy more prosperous. Public services are overstretched because Europeans are pouring in. Which of these statements are fact or fiction is anybody's guess.
CNN   |   Thu, 16 Jun 2016 09:42:45

Contributing Op-Ed Writer: Eastern Europe Is Both Dreading Brexit and Ready for It

As Britain prepares to vote, memories of the communist collapse color Eastern Europeans’ expectations.
IVAN KRASTEV / NY Times   |   Thu, 16 Jun 2016 09:37:54

Scotland and the Referendum: Fears of the Exit after Brexit

The Scots would clearly prefer to stay in the EU, but even here, there are pockets of voters who may support Britain's withdrawal. If the UK does leave, will it increase prospects for a renewed Scottish independence vote?
Spiegel   |   Thu, 16 Jun 2016 09:29:49

ECB says Brexit threat to eurozone growth (2)

Rome, June 16 - The European Central Bank (ECB) said in its monthly economic bulletin on Thursday that the possibility that Britain could vote to exit the European Union posed a threat to eurozone growth. "The risks to the euro area growth outlook remain tilted to the downside," the ECB ...
Gazzetta Del Sud   |   Thu, 16 Jun 2016 09:29:00

Deutsche Bank's chairman says Brexit would be a disaster

Deutsche Bank Chairman Paul Achleitner has become the latest global banking leader to warn about the potential fallout if U.K. voters decide to leave the European Union.
Here Is The City   |   Thu, 16 Jun 2016 09:28:45

Cause and effect

Let's play a game of cause and effect: Take Brexit, poor US employment figures, a Fed on hold, a BoJ on hold, a vacillating oil price, street protests in France, struggling Italian banks, Greece, a rising yen, falling sterling, slippery equity prices and bonds bid to buggery. Now try to ...
IFR   |   Thu, 16 Jun 2016 09:27:00

Conservative MPs Back Foreign Entrepreneurs And Skilled Immigrants Despite Brexit Split

Whatever we decide on 23 June, we must ensure that we keep the doors open to entrepreneurs and the talented migrants so Britain remains the best place in the world to start and grow a business.
Philip Salter, Contributor / Forbes   |   Thu, 16 Jun 2016 09:23:00

Investors ditch Southern Europe's bonds as Brexit fears escalate

LONDON, June 16 (Reuters) - The gap between Spanish and German 10-year bond yields stretched to its widest level in nearly a year on Thursday, the latest sign that investors worried about Brexit are...
Reuters   |   Thu, 16 Jun 2016 09:11:49

Brexit could lead to growth loss of 3 pct for Germany in long-term, Ifo says

BERLIN, June 16 (Reuters) - If Britain quits the European Union after a June 23 referendum on its membership of the bloc, it could shave 3 percent off Germany's long-term economic growth in the worst...
Reuters   |   Thu, 16 Jun 2016 08:57:30

SNB holds fire on Brexit blues

Seeking Alpha / Seeking Alpha   |   Thu, 16 Jun 2016 08:49:50

Markets can force rethink of ECB German bond bias

Teutonic yields are sinking. Brexit risks amplify the impact of ECB chief Mario Draghi's bond buying. Very low borrowing rates are great for governments but heighten the danger of market volatility. Changing rules that force central bank purchases to favour German debt can help.
Breakingviews   |   Thu, 16 Jun 2016 08:27:00

Latest IPSOS-MORI shows 6 points lead for Leave

The latest IPSOS-MORI Brexit poll revealed 53% votes in favour of the Leave campaign, while votes for Remain stand at 47%, indicating 6 points lead fo
Dhwani Mehta / FX Street   |   Thu, 16 Jun 2016 08:22:35

CARNEY: The Leave campaign has 'a fundamental misunderstanding of central bank independence'

Bank of England Governor Mark Carney has angrily responded to a warning by Vote Leave MP Bernard Jenkin reminding him about rules which ban him from making "any public comment" concerning the June 23 EU referendum, according to the BBC. In a letter sent to Jenkin, Carney says that he ...
Business Insider   |   Thu, 16 Jun 2016 08:22:24

Brexit despair

Among everyone and everything I read at the moment there is a mixture of disbelief and despair over the now distinct possibility that the UK will vote for Brexit. Obviously that is partly because I tend to read other economists, and as Chris Giles noteseconomists are virtually united in believing ...
Mainly Macro / Mainly Macro   |   Thu, 16 Jun 2016 08:21:00

Brussels briefing: the Brexit war on experts

One of the most striking quotes ahead of Britain's referendum was Michael Gove's claim that "people in this country have had enough of experts". As this polling data shows, the Brexit backing justice secretary was on to something, at least when it comes to Leave supporters. The YouGov pollsters gauged ...
Alex Barker / FT Brussels Blog   |   Thu, 16 Jun 2016 08:19:54

GOLDMAN SACHS: This is how far we expect the pound to crash after a Brexit

Brexit could trigger a huge sell-off in the pound, sending the currency down by as much as 11% against a basket of the world's most important currencies, according to new research from Goldman Sachs released late on Wednesday. Goldman analysts Silvia Ardagna, Robin Brooks, and Michael Cahill argue that a ...
Will Martin / Business Insider   |   Thu, 16 Jun 2016 08:15:06

Veteran US industrialist backs Brexit

The American industrialist Gary Klesch has come out in favour of the UK leaving the European Union, saying the country could enjoy "explosive growth" if it was no longer tied to Brussels.
BBC   |   Thu, 16 Jun 2016 08:12:56

Swiss central bank keeps rates steady

Switzerland's central bank has kept its powder dry should it have to act if Britain votes next week to leave the European Union.
CNBC   |   Thu, 16 Jun 2016 08:05:00

Brexit vote, emerging markets are top euro zone growth risks -ECB

FRANKFURT, June 16 (Reuters) - Euro zone growth will continue to recovery slowly but risks are tilted to the downside due to uncertainty over Britain's referendum on European Union membership and to...
Reuters   |   Thu, 16 Jun 2016 08:03:34

Could a Post-Brexit United Kingdom Split Up?

The United Kingdom, it often seems these days, is hanging on by the skin of its teeth. The union that brought political consolidation to the island of Great Britain survived 2014's Scottish independence referendum. Now, with Britain's June 23rd vote on membership in the European Union fast approaching, the chances ...
Noah Daponte-Smith / National Review   |   Thu, 16 Jun 2016 08:00:00

The Europhiles have finally snapped and Brexit is looking increasingly likely

Tim Stanley / Telegraph   |   Thu, 16 Jun 2016 07:42:48

Swiss central bank leaves rates unchanged, warns of Brexit risk

ZURICH, June 16 (Reuters) - Switzerland's central bank left its negative interest rates unchanged at record low levels at its quarterly policy meeting on Thursday.
Reuters   |   Thu, 16 Jun 2016 07:37:39

The Footsie slides close to four-month lows

Yesterday's market revival is looking like a blip as blue-chips resumed their downward trek this morning. "Dropping 50 points after the bell the FTSE is now circling four month lows, threatening to take out that 5900 level before the day is out. The usual Brexit fears are to blame for ...
Proactive Investors   |   Thu, 16 Jun 2016 07:35:00

Top Citi FX traders took a Ferrari road trip around France instead of preparing for the Brexit referendum

Top foreign exchange traders at Citibank took a Ferrari road trip around France last weekend while lower paid staff worked long hours to prepare for a possible Brexit, the Financial Times reports. The FT alleges that five executives, most managing directors, took 1-3 days off to drive sports cars, including ...
Business Insider   |   Thu, 16 Jun 2016 07:29:13

EU officials are 'expecting' a Brexit

European Union officials are expecting a Brexit despite Brussels bending the rules to try and keep the UK happy, according a high-level source cited by The Telegraph. The newspaper report says that "one senior EU diplomat who operates at the highest level of European institutions," told it that officials in ...
Lianna Brinded / Business Insider   |   Thu, 16 Jun 2016 07:17:16

M&A shutdown? How a Brexit could hit dealmaking in the UK

New research shows a Brexit could dent mergers and acquisitions and lead to talented financial professionals leaving the City.
Here Is The City   |   Thu, 16 Jun 2016 07:16:40

Share market steady as early gains wane

The share market has closed steady as "Brexit" fears weighed against the US Federal Reserve's decision to keep interest rates on hold.
SMH   |   Thu, 16 Jun 2016 07:12:09

These Are The Banks That Would Be Hardest Hit In The Event Of A Brexit

With the referendum scheduled for next Thursday to decide whether or not the UK will leave the European Union, many have speculated on the potential impacts of a vote to leave. There has been plenty of scaremongering (which has been subsequently dismantled by a JPM CIO), and even the obligatory ...
Tyler Durden / Zero Hedge   |   Thu, 16 Jun 2016 07:00:00

U.K.'s Immigration Unease Animates 'Brexit' Vote

An immigration surge has fueled U.K. support for leaving the European Union, as seen in one town that's been transformed by new arrivals.
WSJ   |   Thu, 16 Jun 2016 06:42:09

Papers: Blue chips to sue 'Vote Leave' campaign

Rather predictably, the front pages of UK newspapers were covered with Brexit stories ahead of next week's recent referendum. In today's Financial Times, the paper claims that the top executives of General Electric (NYSE:GE), Unilever (LON:ULVR) and Airbus (EPA:AIR) have threatened legal action against the official 'Leave' campaign after it ...
Proactive Investors   |   Thu, 16 Jun 2016 06:32:00

This might well be right

More than 60 Tory MPs were in unprecedented open revolt against George Osborne last night after he threatened to increase taxes if the public votes for Brexit. Ex-Cabinet minister Iain Duncan Smith accused him of behaving 'more irresponsibly' than any ... read more
Tim Worstall   |   Thu, 16 Jun 2016 06:31:04

"Why 'Taking Back Control' Means UK Isolation" by Henning Meyer

The upcoming Brexit referendum is firmly about 'taking back control' if Leave campaigners are to be believed. They want to take back control over UK borders, over the number of immigrants and over the laws that, according to them, are mostly decided in Brussels (not the case by the way). ...
Social Europe Journal   |   Thu, 16 Jun 2016 06:30:50

Why the UK's creative industries are better off in the EU

The UK's creative industries, which include films, music, television, video games and publishing, among other sectors, account for some of the most recognisable products exported by the country around the world. But how does EU membership affect these industries and what would the picture look like following a Brexit? Sally ...
Blog Admin / EUROPP   |   Thu, 16 Jun 2016 06:30:18

Share market closes steady

The share market has closed flat as "Brexit" fears weighed against the US Federal Reserve's decision to keep interest rates on hold.
SMH   |   Thu, 16 Jun 2016 06:24:14

FTSE 100 seen 1% lower ahead of Thursday's open

After the Federal Reserve made no changes, the main issue for investors to chew over continues to be Britain's pending European Union referendum. Investors continue to be spooked by uncertainty and on Thursday London's FTSE 100 is expected to start about 1% lower. "The Federal Reserve specifically referred to Brexit ...
Proactive Investors   |   Thu, 16 Jun 2016 05:53:00

London bankers put job hunts on hold

Waiting it out.
Here Is The City   |   Thu, 16 Jun 2016 05:44:16

Unemployment rate at record low despite stall in private sector hiring

Unemployment dropped to its lowest rate since 2005 in April, to a level which without the looming Brexit vote would set off interest rate warning bells at the Bank of England.
Here Is The City   |   Thu, 16 Jun 2016 05:41:31

Federal Reserve puts interest rates rise on hold and blames Brexit

The US Federal Reserve announced it would notraise interest rates on Wednesday afternoon, blaming uncertainty over the UK's potential exit from the EU and slowing economic growth for the decision.
Here Is The City   |   Thu, 16 Jun 2016 05:37:54

Fed Cites Brexit As Rate Rise Is Put On Hold

The US central bank says uncertainty over the referendum result was partly behind its decision not to raise interest rates.
Sky   |   Thu, 16 Jun 2016 05:18:11

Pre-Brexit Bet Clarification, by Bryan Caplan

Back in 2008 , I bet: If any current EU member with a population over 10 million people in 2007 officially withdraws from the EU before January 1, 2020, I will pay you $100. Otherwise, you owe me $100. Before the June 23 Brexit referedum happens, I want to clarify ...
EconLog   |   Thu, 16 Jun 2016 04:53:28

UK in Europe: a visual guide to Brexit

What you need to know ahead of Britain's historic EU vote
FT   |   Thu, 16 Jun 2016 04:30:17

Yen breaks ¥105 after BoJ stands pat

Global hazards including Brexit prompt Japan central bank to keep monetary policy on hold
FT   |   Thu, 16 Jun 2016 04:28:31

Bank of Japan Stands Pat

The Bank of Japan left its asset-purchase program and negative interest rate unchanged ahead of the "Brexit" vote next week.
WSJ   |   Thu, 16 Jun 2016 04:18:49

EU referendum: Brexit 'a grave threat' to UK cities

Leaving the EU would be "a grave threat" to local economies, say the Labour leaders of 10 of the biggest UK cities outside London.
BBC   |   Thu, 16 Jun 2016 03:33:58

Fund managers hoard cash ahead

A monthly fund manager survey shows soaring cash levels as investors brace for the Brexit vote.
SMH   |   Thu, 16 Jun 2016 03:23:26

Oil futures down on US stockpile report, Brexit concern

Oil prices fell in early Asian trade on Thursday, heading for a sixth day of declines, following a lower than expected draw on U.S. stockpiles.
CNBC   |   Thu, 16 Jun 2016 02:15:00

What The First 100 Days After Brexit Would Look Like

When it comes to "Plan B" Europe is funny: it never has one. The best example is, of course, Greece most notably from an April 2013 press conference, when Mario Draghi responded to a question from Zero Hedge readers about a worst case scenario for Greece. This was the exchange ...
Tyler Durden / Zero Hedge   |   Thu, 16 Jun 2016 01:19:22

BRIEF-Bank of Canada's Poloz: standing ready for market volatility around Brexit vote

* Bank of Canada's Poloz: we are standing ready for some possible market volatility in wake of Brexit vote
Reuters   |   Thu, 16 Jun 2016 01:14:20

Investors Flee Banks in U.K. and Europe, as 'Brexit' Jitters Mount

The beleaguered European banking sector is bracing for another hit to funding costs and profits should Britain decide to exit the European Union in next week's referendum.
WSJ   |   Thu, 16 Jun 2016 01:11:04

Brexit helped keep Fed on hold, could slow future U.S. rate rises

By Ann Saphir (Reuters) - Federal Reserve Chair Janet Yellen left U.S. interest rates unchanged on Wednesday, citing slow jobs gains, tepid growth and low inflation - and an impending vote in Britain on whether to quit the European Union. "I think it's fair to say that it was one ...
Business Insider   |   Thu, 16 Jun 2016 00:54:13

EU referendum: Tories attack anti-Brexit 'scare stories'

Two former Conservative leaders and two ex-chancellors accuse the Bank of England and Treasury of "peddling phoney forecasts" to scare people into voting to stay in the EU.
BBC   |   Thu, 16 Jun 2016 00:49:34

Brexit helped keep Fed on hold, could slow future U.S. rate rises

June 15- Federal Reserve Chair Janet Yellen left U.S. interest rates unchanged on Wednesday, citing slow jobs gains, tepid growth and low inflation- and an impending vote in Britain on whether to quit the European Union. Last fall the U.S. central bank deferred an expected rate rise after global markets ...
CNBC   |   Thu, 16 Jun 2016 00:47:00

Investors flee to cash at highest levels in years

Global investors have increased their cash stockpiles to the highest level since November 2001, according to a new Bank of America Merrill Lynch survey. It's the latest sign of trepidation over Brexit in financial markets. Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay your next ...
CNN   |   Thu, 16 Jun 2016 00:38:57

BOJ's Catch-22: Stimulus is complicated

The Bank of Japan must decide against a conflicting backdrop of domestic economic weakness and global geopolitical risks.
CNBC   |   Thu, 16 Jun 2016 00:31:00

Green's BHS quiz and 'Brexit budget' revolt

Focus on tycoon Sir Philip Green's grilling by MPs probing the BHS collapse and the latest from the referendum campaign.
BBC   |   Wed, 15 Jun 2016 23:14:17

Europe Has Limited Defenses Against a Brexit Shock

This week's sharp swings in financial markets make clear that the shock waves from a British exit would be felt far beyond the U.K, Simon Nixon writes.
WSJ   |   Wed, 15 Jun 2016 23:11:06

EU referendum: Britain 'big enough and strong enough' to survive Brexit but better off staying in, says Theresa May

Laura Hughes / Telegraph   |   Wed, 15 Jun 2016 23:01:00

UBS: BOJ will take a wait-and-see approach

The BOJ will likely wait for the Brexit vote to pass and for some clarity on Fed rate timing, UBS senior economist Daiju Aoki says.
CNBC   |   Wed, 15 Jun 2016 22:53:00

Slow job growth, Brexit vote make Federal Reserve cautious about hiking interest rate

Federal Reserve policymakers on Wednesday held a key interest rate steady to take more time to determine if a surprising slowdown in job growth last month was an anomaly or a warning sign of trouble ahead for the U.S. economy. Fed Chairwoman Janet L. Yellen also said officials were worried ...
Jim Puzzanghera and Don Lee / LA Times   |   Wed, 15 Jun 2016 22:45:00

JPMorgan CIO Crushes Cameron's Scaremongery: Brexit "Hardly The Stuff Of Economic Calamity"

First The Telegraph, then The Sun, and today The Spectator all came out on the "Leave" side of the Brexit debate. However, perhaps even more shocking to the establishment is the CIO of a major bank's asset management arm dismissing the apparent carnage that Cameron, Obama, and Osborne have declared ...
Tyler Durden / Zero Hedge   |   Wed, 15 Jun 2016 22:40:00

Brexit Countdown: 7 days to go

'Baron Farage of Brexit' and fall of the Habsburgs - or not
FT   |   Wed, 15 Jun 2016 22:38:31

The Atlantic Daily: Stanford Fallout, Gravitational Waves, Brexit Flotillas

What We're Following: The Stanford Judge Gets Judged When Brock Turner received a six-month jail sentence for sexually assaulting an unconscious woman outside of a frat party at Stanford University, the judge who determined the punishment was pilloried on social media and elsewhere for being too lenient. A Stanford law ...
Rosa Inocencio Smith / The Atlantic   |   Wed, 15 Jun 2016 22:26:57

Germany warns Brexit could start 'disintegration' of EU

The foreign ministers of Germany and France Wednesday cautioned against a Brexit vote, with Berlin's top envoy warning it could eventually lead to the of the European Union. "It would be a shock for the EU that would require mutual assurances that the EU continues to stick together and that ...
Japan Times   |   Wed, 15 Jun 2016 22:23:47

How a Brexit Could Sink Clinton and Hand the Election to Trump

Neil Hall / Reuters By Ciro Scotti,The Fiscal TimesJune 16, 2016 In June 1992, the unlikely presidential candidacy of a brash young governor from Arkansas was gaining strength, and after the Democratic convention that July gave Bill Clinton an enormous bounce in the polls, he and running mate Al Gore ...
arader / Fiscal Times   |   Wed, 15 Jun 2016 22:23:27

U.K. Lawmakers Slam Emergency Brexit Budget Plans

Nearly a fifth of lawmakers in David Cameron's Conservative Party threatened to block the government's plans to introduce an emergency budget if Britain votes to leave the EU.
WSJ   |   Wed, 15 Jun 2016 22:17:36

Dog mail

Trump. The Fed. China. Hillary. ISIS. Poloz. Brexit. Screw it - let's talk about you. I'm an avid reader of your blog! I wanted to get your opinion on the viability of the federal government pension plan for federal do you think that it will still be solvent for someone ...
Greater Fool   |   Wed, 15 Jun 2016 22:11:59

Cramer's Brexit strategy next week: Strike when oil hits this level

Jim Cramer lays out his game plan for Brexit action next week, and has his eye on black gold to hold the key on when to move.
CNBC   |   Wed, 15 Jun 2016 22:11:00

GBP/USD: Brexit fears remain in the background - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the British Pound outperformed its major rivals at the beginning of the day, recovering
Ross J Burland / FX Street   |   Wed, 15 Jun 2016 22:01:46

Market Recap Jun 15, 2016

Indexes were in the green all day until a selloff hit in the last 30 minutes. The S&P 500 and NASDAQ both fell 0.18%. You know the culprit: BREXIT!!! Or more likely some wicked algorithm went awry at some hedge fund. But that is not as fun as pointing to ...
Stock Trading To Go   |   Wed, 15 Jun 2016 21:31:12

Dovish Fed balanced by global jitters

A flat start in store for the local sharemarket as it looks to end a five-day losing streak, with Brexit fears and global jitters offsetting the Fed's dovish stance on interest rates.
SMH   |   Wed, 15 Jun 2016 21:28:02

Mark Carney's Brexit evolution: From silence to speaking out

Bank of England head was tight-lipped when the debate began, but has become increasingly vocal in his opposition
LUCY MEAKIN And SCOTT HAMILTON / Globe and Mail   |   Wed, 15 Jun 2016 21:26:08

CANADA FX DEBT-C$ hits 1-week low as oil falls on Brexit risk

* Canadian dollar ended at C$1.2926, or 77.36 U.S. cents * The loonie touched its weakest since June 6 at C$1.2943 * Bond prices higher across the maturity curve By Fergal Smith ...
Reuters   |   Wed, 15 Jun 2016 21:14:31

Modest Loss for Market on Fed Inaction and Brexit Concern

The central bank did not raise interest rates and uncertainty over Britain’s vote on remaining in the European Union was pushing United States bond yields lower.
THE ASSOCIATED PRESS / NY Times   |   Wed, 15 Jun 2016 20:54:00

The Irony of the Economic Smart Set's Opposition to Brexit

One of the key elements of the debate over Britain's referendum on EU membership has been the claim, from both the British government and widely respected independent authorities, that it would spell serious economic trouble for Britain. There are real problems with these estimates (many of them likely underrate Britain's ...
Patrick Brennan / National Review   |   Wed, 15 Jun 2016 20:52:56

BOJ and BOE to Follow Patient Fed

The BOJ Could Shock with New QE, While the BOE is expected to be focused on Brexit The Federal Open Market Committee (FOMC) statement brought no surprises on Wednesday. The U.S. benchmark interest rate remains unchanged at 0.50 percent. The economic projections were lower than in January and the dot-plot ...
Alfonso Esparza / OANDA   |   Wed, 15 Jun 2016 20:37:47

US STOCKS-Wall St falls as Fed holds steady and Brexit vote looms

June 15- Wall Street fell for a fifth straight session on Wednesday after the Federal Reserve left interest rates unchanged and investors stewed over an impending vote in Britain on whether to leave the European Union. Investors have become more nervous ahead of a vote in Britain next week on ...
CNBC   |   Wed, 15 Jun 2016 20:21:00

Brexit Called Worst Than Lehman As UK Chancellor Warns Of Tax Hikes

As the June 23rd Brexit vote approaches, the "remain" camp is pulling out the big threats, taking no chances as polls show an increasing movement towards the "leave" camp. While opinion polls point to a slight advantage to the "leave" [...]
Mark Melin / Value Walk   |   Wed, 15 Jun 2016 20:18:53

Revolt of 65 Tory MPs over Osborne tax rises

Brexit backbenchers dismiss chancellor's fiscal 'crisis' plan upon an EU exit saying it makes his position untenable George Osborne's authority has been directly challenged by 65 pro-Brexit Tory MPs, who have signed a letter saying they will not back the tax raising budget he said would be necessary if the ...
Guardian Staff / Guardian   |   Wed, 15 Jun 2016 20:18:34

Fed dialing back jobs growth optimism

The market's main Fed confusion stems from not knowing how much weight the central bank places on external factors like Brexit.
Bob Pisani   |   Wed, 15 Jun 2016 20:09:00

Brexit, the Aftermath

Source: Bloomberg The post Brexit, the Aftermath appeared first on The Big Picture.
Barry Ritholtz / The Big Picture   |   Wed, 15 Jun 2016 20:00:38

If No Brexit and Strong Jobs Report, are July Rate Hikes Back on Table? (Video)

By EconMatters Basically, The Fed is completely incompetent. Janet Yellen Needs to Step Down! © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle
EconMatters / Zero Hedge   |   Wed, 15 Jun 2016 19:55:29

Fed, Brexit effect on markets

Luca Paolini, Pictet Asset Management Chief Strategist, and Richard Fisher, Former Dallas Fed President, discuss the Federal Reserve statement and the market fears around Brexit.
CNBC   |   Wed, 15 Jun 2016 19:47:00

How to Profit From Brexit: A Leveraged Gold Trade

Gold is surging on fear of disruption, creating a mispricing that savvy investors can exploit.
Barrons   |   Wed, 15 Jun 2016 19:27:01

Companies hit out at Leave leaflet logos

Legal action threat over implication of Brexit support
FT   |   Wed, 15 Jun 2016 19:16:01

Stocks: If Brexit Becomes a Reality...

Wells Fargo strategist Scott Wren argues that investors should use any selloff caused by a Brexit "yes" vote to scoop up U.S. large-cap stocks. He explains why:
Ben Levisohn / Stocks To Watch   |   Wed, 15 Jun 2016 19:08:03

Brexit or Bust!

Listening to Professor Alan Sked address the LSE on his support for leaving the European Union, it's clear that this is a rare and critical moment in history where a population of largely free people can utilize the most basic democratic function of a popular referendum to reverse decades of ...
SoldAtTheTop / Paper Economy   |   Wed, 15 Jun 2016 18:57:00

Today's Headlines

Bloomberg: Brexit Woe Splits Europe's Bond Market in Recall of Debt Crisis. Britain's European Union referendum is redrawing old lines in the European bond market. As demand for safety in the run-up to the vote pushed Germany's 10-year yields below zero for the first time on record on Tuesday, those ...
Between the Hedges   |   Wed, 15 Jun 2016 18:49:00

How Brexit May Affect Food And Drink Industry

This week Sky News takes a look at the key sectors likely to be affected by the outcome of the looming EU referendum.
Sky   |   Wed, 15 Jun 2016 18:48:38

Yellen press conference: Headwinds persist; Brexit vote a factor

Seeking Alpha / Seeking Alpha   |   Wed, 15 Jun 2016 18:46:14

Is Brexit good for America? Nope

On June 23rd, the future of the European Union may be decided. Will Europe stick together through thick and thin, or is it starting to come apart at the seams? Should the UK vote to leave, "Brexit" will be a big deal for the entire global economy and specifically for ...
Aaron Klein and DJ Nordquist / Brookings   |   Wed, 15 Jun 2016 18:41:00

The Economic Shock of a 'Brexit'

For the first time since the start of Britain's referendum fight over Europe, the polls predict "Brexit." The four most recent national surveys put the "Leave" side ahead with margins of between one and 10 percentage points. Most people, including many disaffected Britons who want to shake up the system ...
Council on Foreign Relations / CFR   |   Wed, 15 Jun 2016 18:36:15

US crude settles 1% lower at $48.01, down for 5th straight day

Oil prices chalked up their fifth straight daily decline as global markets slid on worries that Britain might leave the EU.
CNBC   |   Wed, 15 Jun 2016 18:34:00

Gold briefly breaks $1,300, highest since May 3, as Yellen speaks

Gold rose Wednesday as the Federal Reserve announced it would leave interest rates unchanged at its June meeting.
CNBC   |   Wed, 15 Jun 2016 18:29:00

Brexit 411: What you need to know about Britain's upcoming vote

Britain will vote on June 23 to leave or stay in the European Union. This so-called "Brexit" could have ripple effects through markets in both the United States and Europe.
USA Today   |   Wed, 15 Jun 2016 18:25:29

The Federal Reserve Stays On Hold With Interest Rates As It Awaits A Brexit Strategy

Rising global economic disarray and fears of a slowing in the U.S. economy caused the Federal Reserve to resist hiking short-term interest rates for a first time since moving off of 0% in late 2015.
Antoine Gara, Forbes Staff / Forbes   |   Wed, 15 Jun 2016 18:19:00

HSBC: Gold Could Jump 10% In The Event Of Brexit

"Gold is a reliable barometer of risk, and we believe it could rally by up to 10% should the UK vote to leave the EU," that's according to a flash research note from HSBC's chief precious metals analyst James Steel [...]
Rupert Hargreaves / Value Walk   |   Wed, 15 Jun 2016 18:15:23

Citi FX execs holidayed amid Brexit prep

Five senior staff drove sports cars in France as others worked late
FT   |   Wed, 15 Jun 2016 18:13:48

Fed turns next rate hike into its Godot

The U.S. central bank again held interest rates steady at 0.25-0.5 pct. The risk of Brexit may be a factor. Yet there will always be unknowns. Janet Yellen and her colleagues seem to be waiting for perfect conditions in global markets. That convergence may never come.
Breakingviews   |   Wed, 15 Jun 2016 18:08:00

Dollar extends losses after Fed leaves rates unchanged

The dollar added to earlier losses on Wednesday after the Federal Reserve left interest rates unchanged, as was widely expected.
CNBC   |   Wed, 15 Jun 2016 18:03:00

A Battle on the Thames Between Nigel Farage and Bob Geldof

The question of whether Britain should remain in the European Union devolved into a naval confrontation in London on Wednesday.
RUSSELL GOLDMAN / NY Times   |   Wed, 15 Jun 2016 18:01:01

Yea or Nay-vy: A 'Brexit' Battle on the Thames

It was bound to happen schooner or later: Two rival flotillas-one supporting Britain's exit from the European Union and other wanting the U.K. to remain-sailed down the Thames on Wednesday and engaged in an exchange of hose fire (no Sir Francis Drakes here) until a police launch had to keep ...
Krishnadev Calamur / The Atlantic   |   Wed, 15 Jun 2016 18:00:47

How Brexit could help Trump

Brexit and Donald Trump have much in common in their appeal to voters who don't like the way things are going.
CNBC   |   Wed, 15 Jun 2016 17:53:00

A Coming Credit Crisis? Despite Sentiment, Bond Market Says No

The Federal Reserve is seemingly adjusting policy the same way algos trade stocks for pennies. As I type, the Brexit fans hold a 7% lead (good for them if you... The post A Coming Credit Crisis? Despite Sentiment, Bond Market Says No appeared first on See It Market .
See It Market   |   Wed, 15 Jun 2016 17:50:10

Yellen has made no sense: Booth

The odds of a Brexit spiked after the Orlando massacre, said Danielle DiMartino Booth, Money Strong President, in discussing uncertainties surrounding a rate hike; and Kevin Logan, HSBC chief U.S. economist, weighs in.
CNBC   |   Wed, 15 Jun 2016 17:47:00

European countries brace for Brexit

Tara Palmeri, Politico Europe reporter, provides insight to how European countries are positioning themselves in the face of a potential Brexit.
CNBC   |   Wed, 15 Jun 2016 17:46:00

FTSE 100 enjoys 'dead cat' bounce as investors eye Fed rate decision

Tara Cunningham / Telegraph   |   Wed, 15 Jun 2016 17:36:26

Bank shares would fall sharply after Brexit, City analysts warn

Barclays will be hardest hit if Britain votes to leave EU, and all dividend payouts will be axed, say bank experts at Bernstein Bank shares are likely to fall sharply after a vote for Brexit and dividend payouts to shareholders would be axed, according to a forecast by City analysts. ...
Jill Treanor / Guardian   |   Wed, 15 Jun 2016 17:28:19

EU referendum: Tory anger over Osborne's Brexit cuts warning

Conservative backbenchers react angrily to George Osborne's warning of public spending cuts and tax increases in the wake of a vote to leave the EU.
BBC   |   Wed, 15 Jun 2016 17:20:58

On Yer Bike, Boris! How BoJo's Ambition is Damaging Britain

These days, Boris Johnson's name is rarely out of the headlines. Be it his near-comical claims of an EU dictatorship or escapades aboard the Battle Bus, the man once supportive of the Union now appears determined to sever the UK's ties. But why the change? - Current Affairs / Brexit
Anna Wilson / New Federalist   |   Wed, 15 Jun 2016 17:20:49

Brexit absent in many UK annual reports

Looking at 2015 reports of every member of the FTSE 100, only 26 mention the upcoming vote
FT   |   Wed, 15 Jun 2016 17:17:03

Osborne gambles with 'Brexit budget' threat

Chancellor accused of panic over his warning of a £30bn 'black hole'
FT   |   Wed, 15 Jun 2016 17:13:42

Calm returns as Brexit worries ease

Bond yields hold near historic lows
FT   |   Wed, 15 Jun 2016 16:58:42

EU Facts: How credible is George Osborne's threat of £30 billion of cuts and taxes after Brexit?

James Kirkup / Telegraph   |   Wed, 15 Jun 2016 16:58:09

EU referendum: eurozone will make City pay dearly for Brexit, warns Lord Hill

Peter Foster / Telegraph   |   Wed, 15 Jun 2016 16:56:41

Brexit fears cast shadow over euro

The cost of protecting against a drop in the single currency hits highest level since 2011
FT   |   Wed, 15 Jun 2016 16:56:28

Brexit Fears Put Franc Under Further Pressure

Brexit Fears Put Franc Under Further Pressure by Matthew Allen, SwissInfo.ch The spectre of Britain leaving the European Union next week continues to haunt the franc. The Swiss currency strengthened on Wednesday, with a euro buying CHF1.079 - the first [...]
Guest Post / Value Walk   |   Wed, 15 Jun 2016 16:55:29

The dollar's slipping as markets get ready for the Fed meeting

Good afternoon! The US dollar is weaker by 0.2% at 94.77 as investors gear up for the Fed meeting. Markets see virtually a zero chance of an interest rate hike this time around thanks in part due to the disappointing jobs report in May and the looming Brexit vote. However, ...
Elena Holodny / Business Insider   |   Wed, 15 Jun 2016 16:45:00

Brexit Polls Have 'Leave' Leading, Markets Tumble

Top British politicians Cameron and Osborne make mad-dash final case for a 'Remain' vote.
Curt Mills / U.S. News   |   Wed, 15 Jun 2016 16:43:09

Nicola Sturgeon warns Scots: Brexit leaves you at mercy of Tory Right wing after Cameron ousted

Simon Johnson / Telegraph   |   Wed, 15 Jun 2016 16:42:29

David Cameron: Oil collapse shows Brexit warnings should be heeded

Simon Johnson / Telegraph   |   Wed, 15 Jun 2016 16:42:12

U.K.'s Immigration Unease Animates 'Brexit' Vote

An immigration surge has fueled U.K. support for leaving the European Union, as seen in one town that's been transformed by new arrivals.
WSJ   |   Wed, 15 Jun 2016 16:38:27

Paris and Frankfurt vie for London mantle

Banks are making contingency plans to shift operations to the eurozone if the UK votes for Brexit
FT   |   Wed, 15 Jun 2016 16:37:25

FTSE Fights Back After Brexit Uncertainty

London's FTSE 100 closed up by 0.73%, a day after it lost £30bn in value amid fears that the UK would vote to leave the EU.
Sky   |   Wed, 15 Jun 2016 16:36:27

Economists question emergency Brexit budget

Analysts agree tax rises and spending cuts would ultimately be required
FT   |   Wed, 15 Jun 2016 16:28:18

Global Safe Yields Continue Their Downward March

So yields on Germany's 10-year government bonds have gone negative. Put differently, investors are now paying the German government to take and hold their funds for ten years! Many are blaming this development on Brexit fears and the ECB's bond buying program. While this is a reasonable proximate explanation, this ...
David Beckworth   |   Wed, 15 Jun 2016 16:28:00

Campaign Report: 8 Days to Go

Leave message: Remain's threats and scare tactics are totally hollow. Remain message: Osborne: We'll bring in a post-Brexit budget full of cuts and taxes. Cut through: Farage's fishermen flotilla fly flags for freedom. Leave social media count: 495,292 likes, 60,663 [...]
Guy Fawkes' blog   |   Wed, 15 Jun 2016 16:18:48

Stocks: Here Comes the First Shoe

Stocks have been waiting for two shoes to drop--the June FOMC meeting and the Brexit vote. Well, today, the first of those shoes is ready to drop. Evercore ISI's Dennis DeBusschere considers the implications:
Stocks To Watch   |   Wed, 15 Jun 2016 16:17:32

'Brexit' Vote: Investors Go From Denial to Fear

With Britain's referendum on whether to leave the EU now less than a fortnight away, anxiety has finally turned to fear among investors.
WSJ   |   Wed, 15 Jun 2016 16:16:33

Europeans warn of Brexit threat to UK's crucial bank 'passports'

*Passport system allows UK- based banks to sell services across EU. BRUSSELS, June 15- Britain's partners are stepping up warnings that if it votes next week to leave the European Union, banks and financial firms based in London could lose their money-spinning EU Germany, France, Luxembourg and Ireland would all ...
CNBC   |   Wed, 15 Jun 2016 16:16:00

Milan bourse closes 1.49% up (2)

Milan, June 15 - The Milan bourse rallied from three straight losses on Brexit fears Wednesday, with the FTSE-MIB index closing 1.49% up at 16,513 points. Other European bourses also rallied. London gained 0.73%, Frankfurt recouped 0.92% and Paris clawed back 1%.
Gazzetta Del Sud   |   Wed, 15 Jun 2016 16:14:00

EU referendum: Osborne warns of Brexit budget cuts

George Osborne says he will have to raise taxes and cut spending if the UK votes to leave the EU - but 65 Tory MPs say such steps would make his position untenable.
BBC   |   Wed, 15 Jun 2016 15:59:39

EU referendum: 65 Tory MPs say they would block George Osborne's 'absurd punishment budget' as Jeremy Corbyn accuses Brexit MPs of faking 'Damascene conversion'

Laura Hughes / Telegraph   |   Wed, 15 Jun 2016 15:59:10

Trafalgar on the Thames

It's not just American politics that's gone a bit loopy this year.Earlier today, one of the more bizarre scenes a political reporter will ever encounter happened on the River Thames, in central London. A flotilla of 30 fishing boats -- led by a ship dubbed by one reporter as the ...
National Review   |   Wed, 15 Jun 2016 15:58:04

Focus your concerns on Brexit: Boockvar

Here's what Peter Boockvar is focused on ahead of Wednesday's Fed announcement.
CNBC   |   Wed, 15 Jun 2016 15:56:00

Brexit endangers Italy most says Letta (2)

Rome, June 15 - Italy runs the greatest risks if a majority of British voters were to vote for a Brexit in next week's referendum, ex-premier Enrico Letta said Wednesday. "Italy needs stability for a very simple reason, which I think is being underestimated - we have been burdened with ...
Gazzetta Del Sud   |   Wed, 15 Jun 2016 15:54:00

Tory MPs Fight Back Over Osborne Brexit Budget

More than 60 MPs sign a letter saying they will vote down the "punishment budget" George Osborne is threatening if UK votes Out.
Sky   |   Wed, 15 Jun 2016 15:47:51

Papers, pals or parents?

The Sun is backing Brexit, but do newspapers have any influence over how people will vote - and if not, what could sway voters' final choice in the EU referendum?
BBC   |   Wed, 15 Jun 2016 15:45:58

Brexit fears deal knockout blow to European bank issuance

Euro and US dollar supply from European banks has dipped to its lowest level in 2016 this week as Brexit jitters take hold of markets.
IFR   |   Wed, 15 Jun 2016 15:45:00

Unemployment Figures Prompt Brexit Warning

Unemployment hits an eight-year low, but politicians are divided on whether a Brexit vote would continue this trend or end it.
Sky   |   Wed, 15 Jun 2016 15:37:05

Brexit threat: $43B in tax hikes and budget cuts

George Osborne, head of the U.K. Treasury, said he expects he'll have to hike taxes and cut spending to compensate for a shortfall of up to 30 billion ($42.6 billion) per year in the event of a Brexit.
CNN   |   Wed, 15 Jun 2016 15:30:37

Norway's PM Solberg Warns Against Brexit

Politico. Belgium.
Politico. Belgium. / World Affairs   |   Wed, 15 Jun 2016 15:29:38

Markets price in 'half' of Brexit move

Global markets have priced in "half the move" should British voters ultimately decide to approve a June 23 referendum.
CNBC   |   Wed, 15 Jun 2016 15:28:00

Stocks: Don't Fear the Brexit?

Birinyi Associates' Chris Costelloe and Anthony Cersosimo contend that Brexit will remain "largely a European issue" that won't take down the global economy:
Ben Levisohn / Stocks To Watch   |   Wed, 15 Jun 2016 15:12:37

HSBC: Gold will explode if Britain votes for a Brexit

Gold prices are likely to explode if Britons vote to leave the European Union when they go to the polls next Thursday, gaining as much as 10% in a short space of time. Gold is seen as a haven for cash. It does not pay a coupon like a bond, ...
Will Martin / Business Insider   |   Wed, 15 Jun 2016 15:11:37

The Two Niche Markets Where a 'Brexit' Would Be Good News

Cocoa and Dutch natural gas could be the unlikely beneficiaries of a British exit from the European Union.
WSJ   |   Wed, 15 Jun 2016 15:10:56

Understanding The Brexit Process

Brexit as a Flow Chart - The Vote is Only the Beginning Here is my take on the Brexit Process Current Phase Polls and Betting driving markets Brexit gaining traction in polls and betting Bremain seems to be favorited by those who also don't plan on voting - can the ...
Peter Tchir, Contributor / Forbes   |   Wed, 15 Jun 2016 15:10:00

Banks taking a beating as Brexit fears mount

Regulatory costs and falling asset values are two threats to banks in a sea of unknowns with vote looming.
CNBC   |   Wed, 15 Jun 2016 15:07:00

Brexit threat: $43 billion in tax hikes and budget cuts

George Osborne, head of the U.K. Treasury, said he expects he'll have to hike taxes and cut spending to compensate for a shortfall of up to 30 billion ($42.6 billion) per year in the event of a Brexit.Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay ...
CNN   |   Wed, 15 Jun 2016 15:04:55

Brexit Paints an Ugly Picture for Euro Stocks

Even if the U.K. stays in the EU, expect the region's stocks to feel pressure, writes a macro forecaster.
Barrons   |   Wed, 15 Jun 2016 15:02:47

Why I Liked This ETF On The Dip

The stock market correction that started last Thursday has picked up steam as the market bears are getting louder once more as a couple of new layers have been added to the wall of worry. The upcoming Brexit vote does have a chance of rocking the boat temporarily but the ...
Tom Aspray, Contributor / Forbes   |   Wed, 15 Jun 2016 14:57:00

Labour Leave Launch Anti-Cameron Attack Adverts

Labour Leave has launched a digital advertising campaign telling Labour voters to back Brexit to "wipe the smile off" Cameron and Osborne's faces. Readers of left-wing websites such as LabourList are now seeing adverts appealing to them to vote Leave. [...]
WikiGuido / Guy Fawkes' blog   |   Wed, 15 Jun 2016 14:33:16

TREASURIES-Yields little moved as investors position for Fed

* Yields flat as investors eye Fed, BOJ, Brexit vote * Market shakes off strong PPI, NY Fed manufacturing data * German 10-year Bunds hold negative yield for second day By Dion Rabouin ...
Reuters   |   Wed, 15 Jun 2016 14:21:44

Brexit to blow $57bn budget hole

Chancellor of the Exchequer George Osborne warns Brexit would blow a $57bn hole in the budget.
Austrailian   |   Wed, 15 Jun 2016 14:00:00

What Trumpism and Brexit have in common

It's fair to say there are similar forces driving both phenomena. But there are stark differences too.
CNBC   |   Wed, 15 Jun 2016 13:43:00

US credit underperforms equity ahead of Brexit vote - Goldman Sachs

Research Team at Goldman Sachs, suggests that over the past three days, US credit markets have been weak relative to equity on our constituent matched
Sandeep Kanihama / FX Street   |   Wed, 15 Jun 2016 13:20:39

The Launch Pad: FOMC announcement today, GDPNow still holding up at 2.8%, Polls are all the rage, higher open

Via @ConnectedWealth The Launch Pad: FOMC announcement today, GDPNow still holding up at 2.8%, Polls are all the rage, higher open Wednesday, June 15th, 2016 TODAY Markets woke up this morning in a bit better of a mood relative to [...]
Connected Wealth / Value Walk   |   Wed, 15 Jun 2016 13:12:48

WRAPUP 2-Fed expected to hold rates steady as Brexit vote clouds outlook

*Britain's EU vote hovers over Fed meeting. *Fed policy statement due at 2 p.m. EDT. WASHINGTON, June 15- The Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to raise rates twice in 2016 amid concerns about a U.S. hiring slowdown and ...
CNBC   |   Wed, 15 Jun 2016 13:09:00

Remainers Disembark Geldof's Boat in Disgust

Remain campaigners on board Bob Geldof's pro-EU vessel disembarked in disgust after he made w*nker and V-signs at Brexit-backing fishermen who have suffered at the hands of Brussels: Farage says of Bob Geldof's boat: shouting down honest working communities. [...]
Guy Fawkes' blog   |   Wed, 15 Jun 2016 13:06:02

Only one British bank will escape devastation if there is a Brexit

All of Britain's banks will face devastation in the event of a Brexit, apart from Standard Chartered, says research firm Bernstein. Earlier on Wednesday, analysts from Bernstein released an in-depth note looking at the effects that a potential Brexit could have on the UK's banking system. In short, it would ...
Will Martin / Business Insider   |   Wed, 15 Jun 2016 12:42:22

Brexit Talk Pressures Pound ETF

With the vote determining Great Britain's fate in the European Union just over a week away, it is not surprising that the British pound and the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), one of this year's most controversial currency exchange traded funds, are spending plenty of time in the ...
Tom Lydon / ETF Trends   |   Wed, 15 Jun 2016 12:05:52

U.K. Lawmakers Slam Emergency Brexit Budget Plans

Nearly a fifth of lawmakers in U.K. Prime Minister David Cameron's Conservative Party threatened to block the government's plans to introduce an emergency budget if Britain votes to leave the European Union next week.
WSJ   |   Wed, 15 Jun 2016 12:03:58

Here's a super-quick guide to what traders are talking about ahead of the Fed (SPY, SPX, DJI, IXIC, TLT, TLO, USD, DXY, WTI, OIL, VDE)

Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about ahead of the Fed statement: Good Morning! US Futures are rebounding slightly as some "Brexit" angst subsides, with the S&P up 20bp early. It's a sea of green over in Europe, with the DAX up ...
Akin Oyedele / Money Game   |   Wed, 15 Jun 2016 12:03:02

The dollar's slipping ahead of the Fed meeting

Good morning! The US dollar is weaker by 0.2% at 94.75 ahead of Fed day. Markets see virtually a zero chance of an interest rate hike this time around thanks in part due to the disappointing jobs report in May and the looming Brexit vote. However, traders will no doubt ...
Elena Holodny / Money Game   |   Wed, 15 Jun 2016 12:03:00

Dear Brits: Don't listen to the U.S. on 'Brexit'

Dear British friends, I'm writing to say I'm sorry my president has been meddling so much in the debate about "Brexit," your June 23 vote on whether to remain part of the European Union. The speeches, the BBC interview, the op-ed in the Daily Telegraph - it's all been a ...
Justin Hughes / LA Times   |   Wed, 15 Jun 2016 12:00:00

JPMorgan says Brexit lead for Leave bigger after removing hoax poll

LONDON (Reuters) - JP Morgan said on Wednesday that the lead across a range of opinion polls for campaigners seeking to get Britain out of the European Union has widened after the bank removed a hoax poll from its analysis. "Leave" now had a 1.4 percentage-point lead over "Remain", analysts ...
Business Insider   |   Wed, 15 Jun 2016 11:53:15

Ed Vaizey Brillo'd Over Brexit Budget

Pro-Remain minister Ed Vaizey repeatedly dodged Brillo's question about which, if any, economists think Osborne's tax-hiking spending-slashing post-Brexit budget would work. Accused of to avoid an answer, Vaizey then launched a bizarre attack on the Remain backing IMF's economic [...]
guidobard / Guy Fawkes' blog   |   Wed, 15 Jun 2016 11:47:14

Berkeley's reserved houses fall by a fifth

Housebuilder blames depressed demand on Brexit fears and higher taxes
FT   |   Wed, 15 Jun 2016 11:46:29

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