Brexit News Archive: 19 Jun 2016

The world waits on UK

Britain's European Union referendum has global markets on a knife edge. Fears of "Brexit" on Thursday have already gripped global equities and revved up demand for safe havens such as the Japanese yen, gold and the US dollar.
Bangkok Post   |   Sun, 19 Jun 2016 21:30:00

need2know: Investors get defensive

Local shares poised to open flat as investors stay watchful ahead of the Brexit vote.
SMH   |   Sun, 19 Jun 2016 21:16:20

"Black Wednesday" Memories Haunt Traders Ahead Of Thursday's Referendum

Ahead of Thursday's historic Brexit referendum vote, market jitters are bringing back memories of September 16, 1992, when the UK was forced out of the EU's exchange-rate mechanism, or ERM, as speculators' borrowing exhausted the central bank's resources to keep the pound above its floor. This is better known as ...
Zero Hedge   |   Sun, 19 Jun 2016 19:48:19

Cameron cites murdered MP in Brexit race

Prime minister tweets link to article written by Jo Cox, as FT poll of polls puts both sides on 44%
FT   |   Sun, 19 Jun 2016 18:28:48

Americans would choose Brexit

Britons are less than a week away from a referendum about whether to exit the European Union (EU), or remain. They were never given a choice to join. They have not been asked to vote since 1975, when the referendum was on whether to join a free trade area. Since ...
Bruce Newsome / The Berkeley Blog   |   Sun, 19 Jun 2016 18:27:35

EU Girds for U.K.'s Possible Departure

European officials are planning a series of emergency meetings in case Britain votes to leave the EU, aimed at calming markets and avoiding a domino effect in weaker economies, according to people familiar with the preparations.
WSJ   |   Sun, 19 Jun 2016 18:25:02

The big questions for markets this week

Brexit consequences, Janet Yellen's testimony and focus on yen set to dictate market sentiment
FT   |   Sun, 19 Jun 2016 18:17:37

What Brexit Is All About: Taxation Without Representation

I want to continue the Brexit conversation from last week. With only six days left before U.K. voters head to the polls, expectations of which side might win are beginning to shift toward the while betting markets are still [...]
Frank Holmes / Value Walk   |   Sun, 19 Jun 2016 18:15:51

Bonds are best to protect UK shares from Brexit risk

John Ficenec / Telegraph   |   Sun, 19 Jun 2016 18:15:19

Nobel-prize winning economists warn of long-term damage after Brexit

'Economic arguments are clearly in favour of remaining in the EU', economics professors write Ten of the world's most eminent economists have issued a warning about the consequences of the UK leaving the EU as the City prepares for the pound to plunge and shares to fall in the event ...
Anushka Asthanaand Jill Treanor / Guardian   |   Sun, 19 Jun 2016 18:11:59

We Nobel prize-winning economists believe the UK is better off in the EU | Letters

Economic issues are central to the UK referendum debate. We believe that the UK would be better off economically inside the EU. British firms and workers need full access to the single market. In addition, Brexit would create major uncertainty about Britain's alternative future trading arrangements, both with the rest ...
Letters / Guardian   |   Sun, 19 Jun 2016 18:09:17

How The Welfare State Dies

Submitted by Pater Tenebrarum via Acting-Man.com, Hollande Threatens to Ban Protests Brexit has diverted attention from another little drama playing out in Europe. As of the time of writing, if you Google "Hollande threatens to ban protests" or variations thereof, you will find Russian, South African and even Iranian press ...
Zero Hedge   |   Sun, 19 Jun 2016 18:02:00

Canadian envoy: Brexit could cause 'generational' economic impact

'There's been a lot of glib talk about how quickly trade agreements can be made' The post Canadian envoy: Brexit could cause 'generational' economic impact appeared first on Macleans.ca .
Mike Blanchfield, The Canadian Press / Macleans   |   Sun, 19 Jun 2016 17:56:20

Brexit countdown: 3 days to go

Remain campaign is back on the warpath
FT   |   Sun, 19 Jun 2016 17:18:54

UK M&A plunges on Brexit fears

Volume of deals with British groups down 70% this year compared to same period in 2015
FT   |   Sun, 19 Jun 2016 17:18:02

Time Out's countercultural sense of timing

Magazine group floated despite market's jitters over Brexit
FT   |   Sun, 19 Jun 2016 17:03:00

Heng on

British voters will decide Thursday whether to leave the European Union.
NY Times   |   Sun, 19 Jun 2016 16:50:59

Forget Brexit, It's The Banks Stupid!

Submitted by Alasdair Macleod via GoldMoney.com, Brexit is not the most important problem facing markets, it is mounting problems in the European banks. But before looking at that systemic issue, I will summarise the Brexit position, from the trenches, in the last few days before the referendum. In the run-up ...
Tyler Durden / Zero Hedge   |   Sun, 19 Jun 2016 16:50:00

Our democracy needs to be protected

Brexiters Gove and Johnson may want to reflect on some of the company they keep, writes Chris Patten
FT   |   Sun, 19 Jun 2016 16:25:09

Markets spotlight: commentary in review

Our round-up of the FT's best analysis on Brexit, gold and the renminbi
FT   |   Sun, 19 Jun 2016 16:04:21

Brexit Vote and British Pound Analysis (Video)

By EconMatters We think the for a Brexit this time are much lower than the polls indicate from a those in favor versus exiting the EU perspective. In other words, probabilities of final outcome are what is important not the percentages who are in favor of staying versus the... Please ...
EconMatters / EconMatters Global   |   Sun, 19 Jun 2016 15:40:00

Over 20 Key Oil & Gas Analyst Upgrades and Downgrades

The week of June 17 ended up a down week after the Dow Jones Industrial Average fell almost 200 points. The fears of what may happen in a Brexit scenario are meeting the notion that the Federal... AM BP CNQ CRZO CVE DNR DO ESV GEL GPOR HAL HFC LNG ...
Jon C. Ogg / 24/7 Wall St.   |   Sun, 19 Jun 2016 15:35:15

Exit

If you hate volatility, stay at the cottage for the next month. Unplug. Be like Trudeau. Buy a canoe. Learn to vape. Get a tat. Smoke something you find in the woods. Just don't watch BNN, CNN or read this blog. Please. I implore you. First, there's Brexit. On Thursday ...
Greater Fool   |   Sun, 19 Jun 2016 15:26:16

Heng: Heng on

British voters will decide Thursday whether to leave the European Union.
/ NY Times   |   Sun, 19 Jun 2016 15:12:03

Battle over Brexit

British finance minister George Osborne said he hoped there would be a "less divisive" debate in the remaining days leading up to the UK's EU referendum on Thursday as the campaign to decide Britain's membership of the European Union restarted after a three-day hiatus following the killing of lawmaker Jo ...
Reuters / Times of Malta   |   Sun, 19 Jun 2016 14:51:00

Greeks Send An Open Letter To UK Citizens About Brexit

The Amesi Dimokratia Press writes to advise us that they are sending a document signed by Greek personalities from political parties and groups, as well as from the cultural field, addressed to the people of the United Kingdom regarding their Referendum to remain in the EU or not. The open ...
Tyler Durden / Zero Hedge   |   Sun, 19 Jun 2016 14:50:01

A case for Brexit; the EU's seven deadly sins

Whether your main interest is equality, liberty, democracy, economic survival, sovereignty, debt reduction, increased export potential, encouraging entrepreneurs, fiscal independence, social fairness, overpopulation, community mutualism or calling leaders to account, it has become abundantly clear since 2008 that you will have to forfeit every one of these aspirations if your ...
Clive Hale / View from the Bridge   |   Sun, 19 Jun 2016 14:36:47

The Pound and the Macroeconomic Effects of Brexit

For decades, the UK government has been very careful in ensuring a low-risk status for its public and private debt. ... View the full post at: The Pound and the Macroeconomic Effects of Brexit
WSP / Wall Street Pit   |   Sun, 19 Jun 2016 14:34:01

Fear and loathing as Brussels braces for Brexit calamity

Peter Foster / Telegraph   |   Sun, 19 Jun 2016 14:33:50

Back on the Brexit hustings

The Brexit campaign resumed yesterday after the murder of MP Jo Cox with four days until the vote.
Austrailian   |   Sun, 19 Jun 2016 14:00:00

Brexit won't return power to MPs in Parliament, because Parliament itself won't let them take control

Greg Rosen / Telegraph   |   Sun, 19 Jun 2016 13:58:45

Death, and the referendum

As tragedy strikes Britain's referendum, it's too late for Berlusconist Boris Johnson to retrospectively distance himself from Farage's hateful campaign. Chapter 12 of Blimey, it could be Brexit! Jo Cox, ITV, fair use With the murder of the young Labour MP Jo Cox outside her constituency surgery, a pall has ...
Open Democracy   |   Sun, 19 Jun 2016 13:58:37

Is Europe doomed by migrants?

( Scott Johnson ) Douglas Murray is the author of the excellent NR article Exit Britain?" and an associate editor of the Spectator (UK). In the NR article on Brexit Murray comments on Europe's current immigration crisis: A migrant flow had persisted across the Mediterranean for years, but it now ...
Power Line   |   Sun, 19 Jun 2016 13:46:10

Brexit campaign resumes after Jo Cox murder

Seeking Alpha / Seeking Alpha   |   Sun, 19 Jun 2016 13:43:08

Brexit: What Would London Miss

Here is what London would miss if Great Britain exits from the EU Block: Brussels' bureaucracy and disastrous refugee policies. An exit move, also known as Brexit, wouldn't be as devastating as it is portrayed in the financial media these days, for a couple of reasons. First, Britain isn't part ...
Panos Mourdoukoutas, Contributor / Forbes   |   Sun, 19 Jun 2016 13:26:00

Nigel Farage On Brexit: "We Had Momentum Until This Terrible Tragedy" - Here Are The Latest Odds

Those hoping that some dramatic change in UK public sentiment as manifested through polling for or against Brexit would emerge in the aftermath of Jo Cox' killing, will be disappointed. As the two most recent polls, one from YouGov/ITV and another from Survation, show opinions remains split right down the ...
Tyler Durden / Zero Hedge   |   Sun, 19 Jun 2016 13:14:52

Polls give boost to Cameron's fight against Brexit

The campaign to keep Britain in the European Union regained its lead in two opinion polls published on June 18, giving a boost to Prime Minister David Cameron who is battling to avoid a historic "Out" vote in Thursday's referendum
Hurriyet   |   Sun, 19 Jun 2016 12:46:00

Cox murder prompts scrutiny of far right

Brexit campaign has given extremists a bridge into mainstream politics
FT   |   Sun, 19 Jun 2016 12:06:43

Irish Voters Share 'Brexit' Opposition To Protect Economic Interests

Many Irish citizens living in Britain can vote in Thursday's referendum on European Union membership. Ireland, with billions of trade dollars at risk, wants them to vote to keep the UK in the EU.
Peter Kenyon / NPR   |   Sun, 19 Jun 2016 11:57:30

10 Sunday Reads

My easy-like-Sunday morning reads: • Brexit, Another Y2K? (Barron's) • All hail Microsoft, the anti-Midas of deal-making, as it swoops on LinkedIn (Telegraph) see also Can Apple Think Outside the Device? (NYT) • Your Biggest Advantage is the Greed of Your Competitors (A Wealth of Common Sense) • What I ...
The Big Picture   |   Sun, 19 Jun 2016 11:30:11

Cameron warns Brexit is irriversible

'People are not buying houses and not buying cars. It's a sign of things to come'
FT   |   Sun, 19 Jun 2016 11:18:35

'Brexit' Volatility Brings Opportunities for Investors

As Britain's looming vote on its membership in the European Union spurs massive volatility across global markets, some funds are placing their bets.
WSJ   |   Sun, 19 Jun 2016 11:15:40

Slain British MP honored as campaigning resumes

CNN   |   Sun, 19 Jun 2016 11:08:32

What Brexit? Europeans Wake Up to Possibility of U.K. Departure

After months of largely ignoring the debate around a British exit from the EU, continental Europe is waking up to the imminent risk of a departure that long seemed remote.
WSJ   |   Sun, 19 Jun 2016 10:49:37

Here's why Brexit matters to GCC countries

Whatever the outcome of Britain's EU referendum, Europe and Britain will never be the same again after June 23.
Al Jazeera   |   Sun, 19 Jun 2016 10:49:26

Political Diary

With definitive shift in polls to leave, BoE on alert to deal with the immediate Brexit consequences
FT   |   Sun, 19 Jun 2016 10:47:49

Polls give boost to Cameron's fight

The campaign to keep Britain in the European Union regained its lead in two opinion polls published on Saturday.
CNBC   |   Sun, 19 Jun 2016 10:43:00

Brexit could have domino effect: Lawmaker

A British exit from the EU could trigger similar moves by other member states in Eastern Europe, Luxembourg Foreign Minister Jean Asselborn said.
CNBC   |   Sun, 19 Jun 2016 10:21:00

Brexit would not stop Malta from progressing: Muscat

The country will keep moving forward of the Brexit vote decision this week, Prime Minister Joseph Muscat said this morning. Speaking during a Labour Party activity in Sta Venera, Dr Muscat said that while Malta would stand to lose from the United Kingdom leaving the EU, the government had already ...
Times of Malta   |   Sun, 19 Jun 2016 10:11:00

'I'd leave the EU,' Trump tells Brits

Donald Trump has told Britons that he supports Brexit, repeating just days before the vote on June 23 that he thinks the UK would be better off outside the European Union. As the campaign to decide Britain's EU membership restarted after a three-day hiatus following the killing of lawmaker Jo ...
Reuters / Times of Malta   |   Sun, 19 Jun 2016 10:07:00

Why US financial markets may not be immune to Brexit's ripple effects

US investors tend to forget that what happens abroad can take a toll on returns but there are plenty of reasons why the vote matters to US companies Three, two, one ... Panic! With less than a week to go before British citizens have to decide whether they want to ...
Suzanne McGee / Guardian   |   Sun, 19 Jun 2016 10:00:06

Blimey, it could be Brexit! Download the book so far

With just days to go until the UK referendum Anthony Barnett's ongoing analysis is now available to read and download in pdf form. Three months ago openDemocracy's founder Anthony Barnett embarked on a bold experiment, to write a book about the UK's impending referendum on EU membership, publishing a chapter ...
Jamie Mackay / Open Democracy   |   Sun, 19 Jun 2016 09:55:30

'There is no real upside [of Brexit]'

Fund executives are denying the risks Brexit poses, says Madison Marriage
FT   |   Sun, 19 Jun 2016 09:08:31

The Economics Of Newspapers And Yes Prime Minister As a Guide To Brexit

VideoAs we all know the United Kingdom is having a referendum on Thursday over whether to remain within the European Union or to leave it for the bright new world of regained sovereignty. That very description of the Brexit or not vote shows that I am not neutral on this ...
Tim Worstall, Contributor / Forbes   |   Sun, 19 Jun 2016 08:53:00

Brexit Ambassador series: The view from Slovenia

If Britain chose to leave the European Union, it would not only have an effect inside the UK, but also on the rest of Europe. In the final month of the referendum campaign, we will be featuring comments from some of Europe's Ambassadors to the UK on how they view ...
Blog Admin / EUROPP   |   Sun, 19 Jun 2016 08:20:03

Weighing The Week Ahead: What Will The Brexit Vote Mean For Financial Markets?

Seeking Alpha   |   Sun, 19 Jun 2016 08:17:09

Brexit Boris: Anti-EU campaigner Johnson has opposed Brussels since his years as a correspondent there

Charming, scruffy and with his perennial mop of blond hair, top Brexit campaigner and former London Mayor Boris Johnson once was a Brussels correspondent, penning stories that helped foment Euroskepticism at home. Johnson, 51, worked in the city between 1989 and 1994 - a time, not unlike the present, when ...
Japan Times   |   Sun, 19 Jun 2016 08:15:24

Left wingers for Brexit need to wake up to what they're about to do

David Holt, CC BY If you listen to some left-wing voices - proponents of what is being called Lexit - the European Union is an undemocratic, neo-liberal empire. It is ruled by Angela Merkel and an army of cold-hearted, faceless bureaucrats in Brussels who spend their lives plotting to privatise ...
Ragnar Weilandt, PhD Researcher in International Relations, University of Warwick / The Conversation   |   Sun, 19 Jun 2016 08:03:28

If Brexit happens

Ritchie: it is my hope that by then the EU may also have realised reform us essential and that changes in the free movement of people and capital and the use of People!s QE to fund infrastructure would have all ... read more
Tim Worstall / Tim Worstall   |   Sun, 19 Jun 2016 07:40:20

Brexit: Polls show swing to 'Remain' as campaigning resumes

Recent polls favored Brexit - Britain's departure from the bloc - before the latest swing.
USA Today   |   Sun, 19 Jun 2016 07:00:38

UPDATE 1-Brexit could have domino effect in Eastern Europe - Luxembourg's Asselborn

BERLIN, June 19 (Reuters) - A British exit from the European Union could trigger similar moves by other member states in Eastern Europe, Luxembourg Foreign Minister Jean Asselborn said in a German...
Reuters   |   Sun, 19 Jun 2016 06:48:45

Brexit could have domino effect in Eastern Europe - Luxembourg's Asselborn

BERLIN, June 19 (Reuters) - A British exit from the European Union could trigger similar moves by other member states in Eastern Europe, Luxembourg Foreign Minister Jean Asselborn said in a German...
Reuters   |   Sun, 19 Jun 2016 06:27:21

Links for 06-19-16

Is Our Economists Learning? - Paul Krugman Power without accountability in our tabloid press - mainly macro The pound and the macroeconomic effects of Brexit - Vox EU Is the BEA is Predicting a Massive Downward Revision in GDP? -...
Economist's View   |   Sun, 19 Jun 2016 06:23:44

Tracing the global market thread that could be unraveled by Brexit

LONDON, June 19 (Reuters) - If Britons vote to take their country out of the European Union on June 23, no corner of the global financial market complex will emerge unscathed.
Reuters   |   Sun, 19 Jun 2016 06:00:01

Brexit polls too close to call as Britain's EU referendum campaign resumes after MP murder

Reeling from the murder of MP Jo Cox, the EU referendum campaigns resumed Sunday, with just four days to go until the critical vote that will shape Britain's future. The "remain" and "leave" camps suspended campaigning for three days after the killing of Cox on Thursday. A 52-year-old man has ...
Japan Times   |   Sun, 19 Jun 2016 05:50:30

Emmanuel Macron: Brexit would turn UK into tiny trading outpost

The French economy minister, Emmanuel Macron, has warned that if the UK leaves the EU, it risks isolating itself as a tiny trading post on the edge of Europe, akin to the Channel island Guernsey.
Here Is The City   |   Sun, 19 Jun 2016 05:43:53

EU banking watchdog to leave London in case of Brexit: chairman

BERLIN (Reuters) - The European Union's banking watchdog will move from London to another European capital if Britain decides to quit the bloc in a referendum this week, its chairman said in an interview published on Sunday. Britain votes on June 23 on whether to stay in the 28-member bloc, ...
Business Insider   |   Sun, 19 Jun 2016 05:02:11

EUROPEAN BANKING AUTHORITY TO LEAVE LONDON IN CASE OF BREXIT, EBA CHAIRMAN ENRIA TELLS GERMAN NEWSPAPER

EUROPEAN BANKING AUTHORITY TO LEAVE LONDON IN CASE OF BREXIT, EBA CHAIRMAN ENRIA TELLS GERMAN NEWSPAPER.
CNBC   |   Sun, 19 Jun 2016 05:00:00

FX And Oil Week Ahead: Trading A Potential Brexit

Seeking Alpha   |   Sun, 19 Jun 2016 04:22:15

This Is What Happened in 2003 When Sweden Was Voting on Whether to Adopt the Euro

As a follow up to my post, Hmmm, Brexit Campaigning Suspended For Second Day, Referendum Vote "In Limbo," which detailed the murder of pro-EU British Parliament member Jo Cox at a point when polls showed Brexit in the lead , Louis Cammarosano of Smaulgld emails: I was reminded of this: ...
Robert Wenzel / Economic Policy Journal   |   Sun, 19 Jun 2016 04:01:00

BMG Polls Throw Mud In The Waters of Brexit Trends: Numbers Believable?

Submitted by Mish Shedlock of MishTalk Yesterday I wrote how that even recent phone polls show Leave ahead in the Brexit debate. A BMG poll that was supposed to be released on Friday was delayed until today. That poll strongly reverses other recent telephone polls. The headline reads "Remain 53.3%, ...
Tyler Durden / Zero Hedge   |   Sun, 19 Jun 2016 02:20:33

In Gibraltar, Brexit Vote Stirs Fears of a Rocky Road

The residents of Gibraltar, a tiny British overseas territory in the southern Iberian Peninsula, are worried that a U.K. exit from the EU could complicate their access to the European market.
WSJ   |   Sun, 19 Jun 2016 02:16:05

Where The S&P 500 Faces Brexit Exposure

Where The S&P 500 Faces Brexit Exposure by John Butters, FactSet The United Kingdom will be a focus for the market during the upcoming week, as the country is scheduled to hold a vote on June 23 regarding its membership [...]
Guest Post / Value Walk   |   Sun, 19 Jun 2016 02:07:20

First Brexit Poll After Jo Cox Death Reveals Stunning Result

Before the assassination of British MP Jo Cox, the "Leave" campaign had been surging in recent polls... This was before The IMF unleashed their own version of "we are all doomed" and before Ms. Cox was murdered. The sad death of pro-EU British MP Jo Cox prompted a buying spree ...
Tyler Durden / Zero Hedge   |   Sun, 19 Jun 2016 01:58:29

'Remain' has edge in Brexit

Britons are backing away from voting to leave the EU, with the "remain" campaign nudging back in front, according to a new poll.
Austrailian   |   Sat, 18 Jun 2016 22:47:00

Is Another Financial Crisis Coming: This Chart May Have The Answer

For all the talk of market turbulence and volatility ahead of the Brexit vote, the reality is that after the selloff scare in late January and February, the S&P500 has barely registered any of the global fears that have roiled virtually all other foreign markets, and just two weeks ago ...
Zero Hedge   |   Sat, 18 Jun 2016 22:18:09

British companies prepare for long night to possible Brexit

British companies are preparing for the possibility that the country will vote to leave the European Union with extra funds, pre-written statements and plans for late-night vigils by teams of consultants. In the final week before Britain's refe­rendum on EU membership on Thursday the prospect of a 'Leave' vote has ...
Martinne Geller and Kate Holton / Times of Malta   |   Sat, 18 Jun 2016 22:01:25

Brexit: too much at stake

Thursday's EU referendum in the UK will determine whether Britain remains a member of the EU - and the result will have far-reaching consequences not only for the UK but for Europe and the whole world. Unfortunately, most of the opinion polls of late have been showing the Leave bloc ...
Times of Malta   |   Sat, 18 Jun 2016 22:01:00

How To Trade Brexit

As JPMorgan said yesterday, "opinion polls ahead of next week's referendum have made a powerful move toward Brexit (Figure 1)" adding that its attempts to clean up the polls for methodological issues suggests a lead for leave in the 3%-5%-pt range at the time of writing." And yet, despite the ...
Tyler Durden / Zero Hedge   |   Sat, 18 Jun 2016 21:08:19

Brexit won't cause recession, Michael Gove says, as David Cameron warns there will be 'no turning back'

Tim Ross / Telegraph   |   Sat, 18 Jun 2016 21:00:00

Brexit would make Britain like Guernsey, says French minister

Leaving the EU would turn the UK into an island as significant as Guernsey, French Economy Minister Emmanuel Macron says.
BBC   |   Sat, 18 Jun 2016 20:31:49

Cramer: Stocks to avoid like the plague

Jim Cramer advised which stocks should be left alone with the upcoming Brexit vote.
CNBC   |   Fri, 17 Jun 2016 23:09:00

The Times declares for Remain camp

Murdoch newspaper's metropolitan readership largely in favour of EU, unlike Brexit-backing Sun
FT   |   Fri, 17 Jun 2016 22:50:08

Stocks Slump Most In 4 Months As Global Financial Stress Nears 5-Year Highs

With everyone worried about Brexit, we thought the folowing might help clarify (Please Note - Very Not Suitable For Work)... ok it didn't help at all but we've been wanting an excuse to play that for a while. Global Financial Stress Index spikes up most since Aug 2011... As Brexit ...
Zero Hedge   |   Fri, 17 Jun 2016 20:02:15

Hard day's night: bankers braced for referendum decision

Recent efforts to improve the work-life balance of bankers will be thrown out the window next Thursday, when hundreds of London staff pull all-nighters or arrive at dawn to handle trading around the Brexit vote.
IFR   |   Fri, 17 Jun 2016 20:00:00

SP 500 and NDX Futures Daily Charts - Fragility

Britain was not a member of the governance of continental European for many, many years. Why is their membership in this body such an overwhelmingly important consideration now? The issue is not Brexit itself so much, but the fragility of the system which is so threatened by it. And at ...
Jesse's Café Américain   |   Fri, 17 Jun 2016 19:56:00

A Common Central Bank Tool: Fearmongering

Submitted by Tho Bishop via The Mises Institute, This week the Bank of England announced that it would follow the lead of the Federal Reserve and maintain interest rates at .5%. The bank didn't stop there however, warning voters that next week's Brexit referendum posed "the largest immediate risk facing ...
Zero Hedge   |   Fri, 17 Jun 2016 19:25:00

Gundlach on Fed, Trump

Jeff Gundlach discussed his views on Donald Trump, Brexit, the Fed and his favorite investment ideas with CNBC.
CNBC   |   Fri, 17 Jun 2016 19:17:00

Treasury Bond ETFs: Best Start to Year Since 2003

Treasury bonds exchange traded funds have surged this year, with Treasuries enjoying their best start to a year since 2003, as global economic weakness and increased uncertainty, such as the upcoming "Brexit" vote, bolstered demand for safe-havens. Among the best performing Treasury bond ETFs so far this year, he iShares ...
ETF Trends   |   Fri, 17 Jun 2016 18:36:19

VIX Volume Explodes As "Markets Struggle To Believe Anything"

Amid turmoil in Chinese FX markets (which has not ended well in the past), the need to hedge against the looming Brexit vote, and rapidly fading confidence in the ability of The Fed, BoJ, ECB to save the world; it appears what was an ignorantly complacent market has suddenly shrugged ...
Zero Hedge   |   Fri, 17 Jun 2016 17:30:39

UK stock market rebounds from four-month low

With EU referendum campaigning suspended and Brexit fears somewhat abated, investors end week in calmer mood The UK stock market ended a choppy week on a stronger note, rebounding from a four-month low as traders nervously shuffled their positions in the final days before the EU referendum. Risk aversion continued ...
Katie Allen and Nick Fletcher / Guardian   |   Fri, 17 Jun 2016 17:26:14

Brussels bleg

I'll be there next week, in fact just in time for the Brexit vote. Above and beyond the obvious guidebook sights, what do you all recommend that I do? And where should I eat? Here is a good Ian Buruma survey of where Brussels the city is at right now. ...
Marginal Revolution   |   Fri, 17 Jun 2016 17:05:44

Guard Against the Brexit Crisis Now?

Back in May of 1916, the British participated in what is arguably one of the most self-serving, globally damaging geopolitical jiggerings of the last century when British diplomat Mark Sykes partnered with his French counterpart, François Georges-Picot, to partition the [...]
Value Walk   |   Fri, 17 Jun 2016 16:53:44

Spread drops 7 pts to 149

Rome, June 17 - The spread between Italian and German 10-year bonds, a gauge of Italy's borrowing costs and investor confidence, closed seven points down on 149 as Brexit fears abated Friday. The yield was 1.5o%.
Gazzetta Del Sud   |   Fri, 17 Jun 2016 16:11:00

Buy when volatility is high: Trader

Volatility surged this week over a potential Brexit, but according to one trader, investors would be wise to buy stocks.
CNBC   |   Fri, 17 Jun 2016 15:56:00

Stay or Go: Why Financial Markets Are Calm and Carrying On Regarding

Markets tend to be very efficient, except when they’re not. And those are the times that can be brutal for investors.
DealBook   |   Fri, 17 Jun 2016 15:50:23

Milan bourse closes 3.49% up

Milan, June 17 - The Milan bourse closed 3.49% up Friday with the FTSE-MIB rising to 16,923 points as banking stocks rallied after Brexit fears subsided a little. Banking stocks stood out, and especially Banco Popolare (+12.88%), UBI Banca (+9,96%), Bper (+9.93%), BPM (+9.82%) and UniCredit (+9.44%)
Gazzetta Del Sud   |   Fri, 17 Jun 2016 15:45:00

TAKE A LOOK-Five world markets themes in the coming week

LONDON, June 17- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ BREXIT: ALL AROUND THE WORLD. It's not just Britain or Europe on a knife-edge.
CNBC   |   Fri, 17 Jun 2016 15:24:00

Gold shines yet again

Gold gained more than 1% as it surged once more towards the US$1,300 mark. After gold's initial jump yesterday, when it went as high as US$1,315, the price receded following the murder of MP Jo Cox and the subsequent suspension of EU referendum campaigning. The Brexit vote has played a ...
Proactive Investors   |   Fri, 17 Jun 2016 15:03:00

For the Pound, This May Be as Uncertain as It Gets Before the Brexit Referendum

Has market uncertainty already hit its peak one week ahead of the U.K. referendum on European Union membership? It's a hard call, but options on the British pound suggest it's possible. Sterling's one-month implied volatility has eased in the last three days after jumping by about 63% last month and ...
Jon Sindreu / MoneyBeat   |   Fri, 17 Jun 2016 14:57:11

Gold ETF Downside Limited Even if Brexit is Defeated

The Brexit vote determining Great Britain's status as a member of the European Union, slated for June 23, has been widely cited in recent days as the reason investors are displaying preferences for safer assets such as gold. Applying that logic, it would seem gold exchange traded funds such as ...
Tom Lydon / ETF Trends   |   Fri, 17 Jun 2016 14:54:52

Brexit Boosts Gold This Week But Metal's Uptrend Not Just About U.K.

People tend to buy gold when they fear economic or financial crisis ahead. That makes it an urgent decision for U.K. savers right now.Money managers and retail investors have sent bullion demand higher across all Western markets to date in 2016, but the risk of a Brexit shock to the ...
Adrian Ash, Contributor / Forbes   |   Fri, 17 Jun 2016 14:52:00

With MP Jo Cox's Murder, Britain's Campaign to Leave the EU Turns Toxic

Maria Margaronis The demons of xenophobia, resentment, and rage unleashed by Brexit informed the killer's act.
Maria Margaronis / The Nation   |   Fri, 17 Jun 2016 14:41:58

The Brexit Vote Will Be Rigged - Some Fear

The Brexit Vote Will Be Rigged by Jeff Nielson, Sprott Money How important is the upcoming "Brexit" vote in the UK? In a recent commentary , it was noted that the current leader in French polling to become France's next [...]
Sprott Money / Value Walk   |   Fri, 17 Jun 2016 14:32:19

'Minimal effect' on FCA from Brexit says Marchionne

Venice, June 17 - A Brexit would have a "minimal industrial impact on FCA," CEO Sergio Marchionne said Friday. he said that for Europe the "risk is enormous, not to be Marchionne said "the real question is what will remain of Europe if Brexit wins".
Gazzetta Del Sud   |   Fri, 17 Jun 2016 14:30:00

Banks warn of difficult trading conditions around Brexit vote

(Reuters) - Dutch bank ING and France's Societe Generale have written to clients to warn them of difficult trading conditions in financial markets and large gaps in pricing of assets when Britain votes next week on European Union membership.
IFR   |   Fri, 17 Jun 2016 14:26:00

TREASURIES-U.S. yields rise for first time in 9 sessions as Brexit fears subside

*Death of MP Jo Cox cuts' Brexit' odds among investors. NEW YORK, June 17- U.S. benchmark Treasury yields were on track for their first gain in nearly two weeks on Friday as investors repriced the odds of Britain exiting the European Union a day after U.K. politicians halted campaigning on ...
CNBC   |   Fri, 17 Jun 2016 14:21:00

If I Were President, On The Day After Vote for Brexit...

@instapundit
admin / Coyote Blog   |   Fri, 17 Jun 2016 14:19:31

Brexit Trade: Leveraged Bet That Pound Plummets

Brexit Trade: Leveraged Bet That Pound Plummets If the U.K. currency takes a dive, options investors could double their money in a couple of weeks.Brexit Trade: Leveraged Bet That Pound PlummetsBy Steven M. Sears If the U.K. currency takes a dive, options investors could double their money in a couple ...
Barrons   |   Fri, 17 Jun 2016 14:18:35

Brexit's Impact on U.S. Financial Markets

What Does Brexit Mean for U.S. Markets? Though the White House and Jamie Dimon are against Brexit, there may be some advantages for the Impact on U.S. Financial MarketsBy John Kimelman Though the White House and Jamie Dimon are against Brexit, there may be some advantages for the U.S.
Barrons   |   Fri, 17 Jun 2016 14:16:14

BREXIT risk makes gold "definitely the place to be", says Commerzbank

Gold soared above US$1,300 this week to its highest for almost two years after the latest meeting of the US Federal Reserve and as the impending BREXIT vote looms. The gold price slipped back in the following days, but Daniel Briesemann, analyst at Commerzbank, tells Proactive Investors "risks are still ...
Proactive Investors   |   Fri, 17 Jun 2016 14:08:00

Brexit crusade takes deadly turn

With Britain already bitterly ­divided by Brexit, a violent faultline emerged with the gunning down of Labour MP Jo Cox.
Austrailian   |   Fri, 17 Jun 2016 14:00:00

What will happen to Britain's finances if it leaves the EU?

shutterstock.com Campaigners for both the UK leaving and remaining in the EU have made claims regarding how a Brexit will affect the country's finances. For the Remain campaign, George Osborne, Chancellor of the Exchequer, warned that an emergency budget will be necessary, which will involve large cuts to public spending ...
John Fender, Professor of Macroeconomics, University of Birmingham / The Conversation   |   Fri, 17 Jun 2016 13:54:12

Germany's Schaeuble says well prepared to respond to Brexit anxiety

LUXEMBOURG, June 17 (Reuters) - German Finance Minister Wolfgang Schaeuble said on Friday that Europe was trying to prepare for any possible outcome of Britain's referendum on whether to stay in the...
Reuters   |   Fri, 17 Jun 2016 13:51:05

Brexit Could Lead To More QE For The UK

The UK could be the next largest developed economy to embark on further aggressive monetary easing; that's according to a Global Macro Strategy research note published by UBS earlier this week. According to the Swiss bank, there are signs that [...]
Rupert Hargreaves / Value Walk   |   Fri, 17 Jun 2016 13:46:52

Stocks open lower as Brexit overhang persists

Stocks on Wall Street are still in wait-and-see mode ahead of next week's "Brexit" vote in the U.K.
USA Today   |   Fri, 17 Jun 2016 13:42:32

Gold, Brexit, and uncertainty all round

Markets hate uncertainty, as the famous cliché has it. Gold doesn't though - gold loves uncertainty, or at least gold bulls do. And there's quite a bit of it about at the moment. There's the uncertainty around the Fed's desire to raise rates - stymied recently by poor numbers in ...
Ron Capshaw / Proactive Investors   |   Fri, 17 Jun 2016 12:54:00

Will The VIX Be The Best US Method To Play Brexit Mean Reversion?

Saddled in between a U.S. Federal Reserve that recently indicated in Wednesday's FOMC meeting rate hikes might be put off, leading some to point to weakness and confusion, and a June 23rd Brexit vote that has shockingly left one lawmaker [...]
Mark Melin / Value Walk   |   Fri, 17 Jun 2016 12:50:43

Britons and Europeans

A Brexit would be terrible for the economy, and would damage the dynamic of the whole EU
El País / EL PAÍS   |   Fri, 17 Jun 2016 12:26:15

Friday Morning Links

MUST READS Negative interest rates are scaring people - CNN/Money The World Economy Looks a Bit Like It's the 1930s - Bloomberg Are negative rates a "calamitous misadventure"? ECB economists say no - Brookings Brexit Campaign Suspended after Parliament Member Killed - Voice of America Shooting death of British politician ...
Tim Iacono   |   Fri, 17 Jun 2016 12:21:49

Everything you ever wanted to know about the Brexit but were afraid to ask

The fierce campaigning over whether the UK should leave the European Union - the "Brexit" - is on hold while Britain mourns MP Jo Cox , fatally shot and stabbed by a 52-year-old man who reportedly has longstanding ties to U.S. white supremacist group the National Alliance. But on June ...
The Week   |   Fri, 17 Jun 2016 12:14:31

PRECIOUS-Gold set for third week of gains, helped by Brexit speculation

LONDON, June 17- Gold rose on Friday, supported following a cautious note from the Federal Reserve on interest rates and uncertainty ahead of Britain's vote on European Union membership. The metal, often seen as an insurance in times of financial and economic uncertainty, peaked at $1,315.55 on Thursday, its strongest ...
CNBC   |   Fri, 17 Jun 2016 12:07:00

Should I Stay or Should I Go? Making Sense of Brexit

Note: This article appears on the ETFtrends.com Strategist Channel By Chris Konstantinos "Darlin', you got to let me know/ Should I stay or should I go?" - The Clash, a celebrated British punk band Britons are awaiting June 23 with baited breath - and it's not because that date marks ...
Chris Kostantinos, Riverfront Investment Group / ETF Trends   |   Fri, 17 Jun 2016 12:00:20

To Brexit or not to Brexit

( Scott Johnson ) To Brexit or not to Brexit, that is the question addressed by Douglas Murray in "Exit Britain?" (National Review) and by Christopher Caldwell in "See you, EU?" (Weekly Standard). What is Brexit? Brexit is shorthand for the question whether Britain should leave the European Union, the ...
Scott Johnson / Power Line   |   Fri, 17 Jun 2016 11:53:33

Leave: 'I don't think Brexit would mean tariffs'

Despite Robert Pouget's French heritage and his European business, he wants the UK to vote to leave the European Union.
BBC   |   Fri, 17 Jun 2016 11:51:19

Frontrunning: June 17

Sell-off abates as Brexit opinion seen shifting (Reuters) IMF chief Lagarde says economic risks bigger if Britain leaves EU (Reuters) U.S. State Department Officials Call for Strikes Against Syria's Assad (WSJ) St. Louis Fed's Bullard says U.S. may only need single rate hike for now (Reuters) A Life of Violent ...
Zero Hedge   |   Fri, 17 Jun 2016 11:45:10

Another Brexit Headache: Margin Calls And Contract Uncertainty

With the U.K. set to vote next week on whether to remain in the European Union, some lawyers said they have taken flurries of calls from financial institutions asking about the ramifications of any "Brexit" decision on their trading contracts.
Katy Burne / MoneyBeat   |   Fri, 17 Jun 2016 11:43:39

Futures lower amid growth worries, Brexit uncertainty

By Yashaswini Swamynathan (Reuters) - U.S. stock index futures were lower on Friday, weighed by global growth worries and uncertainties around Britain's future in the European Union. Global stocks have been under duress as repercussions of Britain's possible exit from the European Union and the U.S. Federal Reserve's warning about ...
Business Insider   |   Fri, 17 Jun 2016 11:42:01

Brexit Negativity Takes A Time Out

Seeking Alpha   |   Fri, 17 Jun 2016 11:39:09

Brexit or not, global yields are set to stay low for now - Danske Bank

Chief Analyst, Arne Lohmann Rasmussen at Danske Bank, suggests that any significant rise in global rates and yields over the next three to six months
Sandeep Kanihama / FX Street   |   Fri, 17 Jun 2016 11:36:27

Celebrate Brexit By Turning Up The Heat, Gorging On Chocolate

Sure, the global economy would be in panic, but you can trade chocolate like a mofo.
Jon Shazar / Dealbreaker   |   Fri, 17 Jun 2016 11:30:54

1992 May Offer Guide to Results of British 'Leave' Vote

As markets ponder the possible reactions to a Brexit vote on Thursday, Britain's "Black Wednesday" ejection from the European Exchange Rate Mechanism in 1992 might provide some clues.
Georgi Kantchev / MoneyBeat   |   Fri, 17 Jun 2016 11:28:21

Brexit Campaigning Suspended For Second Day, Referendum Vote "In Limbo"

Following the tragic murder of Jo Cox, an advocate for voting to stay in next week's referendum, campaigning over whether the U.K. should quit the European Union was suspended for a second day on Friday. Events planned by the two main campaign groups were canceled, while publication of opinion polls ...
Tyler Durden / Zero Hedge   |   Fri, 17 Jun 2016 11:25:57

Brexit May Offer Clues to U.S. Election Outcome

There are four significant similarities between the U.S. presidential debate and the debate over whether Britain should exit the European Union.
Gerald F. Seib / WSJ Washington Wire   |   Fri, 17 Jun 2016 11:17:51

What A 'Brexit' Could Mean For The Economy

This is In Real Terms, a column analyzing the week in economic news. Comments? Criticisms? Ideas for future columns? Email me, or drop a note in the comments. Imagine that the states of the Northeastern U.S. - New York and New Jersey, plus New England - don't like the outcome ...
Ben Casselman / FiveThirtyEight   |   Fri, 17 Jun 2016 11:00:10

Global Stocks Rebound As Brexit Odds Decline Following Tragic Death Of UK Lawmaker

Traders are still stunned by the dramatic move in risk assets during yesterday's US session. As a reminder, at the lows for the day in the mid-morning Eastern Time, we saw the DAX at -1.81%, FTSE -1.13%, S&P500 -1.03%, US 10y yield 1.516% (lowest since August 2012) and GBPUSD 1.401. ...
Tyler Durden / Zero Hedge   |   Fri, 17 Jun 2016 10:51:48

Brexit campaign poster denounced as xenophobic

Nigel Farage's poster shows non-white migrants on borders of European Union.
USA Today   |   Fri, 17 Jun 2016 10:43:17

Brexit's Impact on the World Economy

The febrile behavior of financial markets ahead of the UK's "Brexit" referendum on June 23 shows that the outcome will influence economic and political conditions around the world far more profoundly than Britain's share of global GDP might suggest. In fact, for three reasons, a Brexit vote could catalyze another ...
Anatole Kaletsky / Project Syndicate   |   Fri, 17 Jun 2016 10:23:29

Why Brexit Isn't Game Over for These European Banks

The U.K. referendum is spooking investors across financial services, but some southern European banks are insulated from the blow.
WSJ   |   Fri, 17 Jun 2016 10:22:35

Brexit Negativity Takes A Time Out

Friday June 17: Five things the markets are talking about Two themes have dominated proceedings in capital markets this week, first the flight to safety hitting global markets has been particularly acute in Europe, as polls suggesting growing levels of support for Brexit, ahead of the U.K's June 23 referendum ...
Dean Popplewell / OANDA   |   Fri, 17 Jun 2016 10:13:27

Global shares rally as Brexit fears ebb

Seeking Alpha / Seeking Alpha   |   Fri, 17 Jun 2016 10:00:11

CEE MARKETS-Assets rebound as Brexit fears ease, swings seen returning

* Assets rebound, zloty volatility signals further jitters * CEE central banks not signalled measures to protect markets * Croatian markets under further pressure as PM ousted By Sandor...
Reuters   |   Fri, 17 Jun 2016 09:51:11

What would a Brexit mean for the UK economy?

In six days, Britain will hold a national referendum on whether to leave the European Union. The "Brexit" vote on June 23 looks to be a neck-and-neck decision, with the pro-Brexit forces holding a slight edge. Needless to say, the prospect of a British exit from the EU has roiled ...
The Week   |   Fri, 17 Jun 2016 09:47:02

Ex-Greek FinMin Varoufakis: Brexit won't restore the sovereignty the British people need

The Irish Times quoting comments from Former Greek finance minister Varoufakis on Brexit issue this Friday. Key Quotes: The European Union is like T
Dhwani Mehta / FX Street   |   Fri, 17 Jun 2016 09:44:36

Brexit: what does France think?

Not that anyone in Britain cares what the French think. As a matter of fact, even the French themselves don't care that much. They have other 'cats to whip' as they say around here: social unrest, terrorist murders, drunk hooligans. There have been surprisingly little surveys in this normally poll-obsessed ...
EU-Asia Institute / Ideas on Europe   |   Fri, 17 Jun 2016 09:40:51

Brexit already put the brakes on real estate?

Even for a sector accustomed to sensationalist headlines, U.K. property has sparked its fair share of scrutiny in the run-up to the Brexit vot
CNBC   |   Fri, 17 Jun 2016 09:35:00

GLOBAL MARKETS-Sell-off abates as Brexit opinion seen shifting

LONDON, June 17 (Reuters) - Shares, oil and bond yields rose on Friday after a tumultuous week and as campaigning for Britain's EU membership vote next week was suspended after the killing of a...
Reuters   |   Fri, 17 Jun 2016 09:29:12

Russia isn't worried about a Brexit: Finance Minister

Financial markets and sterling might be rattled by the forthcoming referendum on European Union (EU) membership, but Russia doesn't mind either way.
CNBC   |   Fri, 17 Jun 2016 09:21:00

Killing of MP Jo Cox halts Brexit campaigning in UK

Campaigning for June 23 referendum suspended after pro-EU campaigner Jo Cox, 41, is shot dead in northern England.
Al Jazeera   |   Fri, 17 Jun 2016 09:13:25

EMERGING MARKETS-Relief for emerging assets after Brexit, Fed-fuelled weakness

LONDON, June 17 (Reuters) - Emerging stocks rose on Friday but were set to end the week in the red as Brexit concerns weighed on markets while China's yuan posted its biggest weekly loss in over a...
Reuters   |   Fri, 17 Jun 2016 09:09:51

European stocks rally as Brexit fears ease

A renewed risk-on wave hit the European markets on Friday, mainly driven by increased expectations of no Brexit after Britain's campaigning for the re
Dhwani Mehta / FX Street   |   Fri, 17 Jun 2016 09:07:34

UPDATE 1-Euro zone bond sell-off abates as Brexit chances seen receding

LONDON, June 17 (Reuters) - Germany's benchmark 10-year bond yield briefly nudged back into positive territory on Friday as the murder of a British lawmaker was seen slightly reducing...
Reuters   |   Fri, 17 Jun 2016 09:03:04

Banks and housebuilders push FTSE 100 past 6000 as Brexit fears ease

Investors in calmer mood after recent volatility as campaigning suspended Banking shares are leading the way as the UK market continues its rebound from four month lows. With campaigning for the EU referendum suspended in the wake of the tragic death of MP Jo Cox, investors are in a calmer ...
Nick Fletcher / Guardian   |   Fri, 17 Jun 2016 08:56:36

Pro-Brexit bankers risk repeating past errors

The City may well suffer if Britain quits the EU, yet some financiers plan to vote Leave. Hopes the economy will flourish, as after sterling's 1992 ERM exit, look optimistic. Betting that London can gain from a euro implosion, meanwhile, may just repeat wrong calls made pre-1999.
Breakingviews   |   Fri, 17 Jun 2016 08:48:00

MACQUARIE: These are the companies that will hugely benefit from a Brexit

There are a variety of institutions and governments that have delivered doomsday scenarios for Britain in the event of a Brexit, but analysts at Macquarie point out that some companies will actually do pretty well out of it. In the event of a Brexit, it is widely acknowledged, by everyone ...
Will Martin / Business Insider   |   Fri, 17 Jun 2016 08:44:04

This Week's Brexit Briefing - At A Glance

With less than a week to go before the June 23 referendum on the U.K.'s membership of the European Union, the campaigning was suspended following the killing of a Labour lawmaker Jo Cox. Until that tragic development, the debate was notable mainly for achieving peak ridiculousness and new heights of ...
Stephen Fidler / WSJ Economics   |   Fri, 17 Jun 2016 08:40:28

Christine Lagarde refuses to comment on Brexit 'out of respect' for Jo Cox as she calls for 'reflection' on EU debate

Laura Hughes / Telegraph   |   Fri, 17 Jun 2016 08:37:53

Brexit campaigning still halted as UK mourns slain lawmaker

Campaigning in the referendum on Britain's membership in the European Union remains suspended as Britain mourns the killing of Labour Party legislator Jo Cox
U.S. News   |   Fri, 17 Jun 2016 08:29:32

Fear, Loathing and Brexit

Britons have a choice between bad and worse.
PAUL KRUGMAN / Paul Krugman   |   Fri, 17 Jun 2016 08:21:04

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   |   Fri, 17 Jun 2016 08:16:06

Brexit would be double whammy for Spain SA

A UK exit from the European Union would be a headache for Spanish companies. For one thing, it could increase risk premiums as confidence in the EU wanes. For another, Spain's biggest companies - Santander, Iberdrola and Ferrovial - have made big bets in the UK.
Breakingviews   |   Fri, 17 Jun 2016 08:16:00

Brexit: All Eyes On European Banks

Submitted by Lewis Johnson via Capital Wealth Advisors, "If you go then I'll be blue cause breaking up is hard to do." Neil Sedaka "France and Great Britain shall no longer be two nations, but one Franco-British Union. The constitution of the Union will provide for joint organs of defense, ...
Tyler Durden / Zero Hedge   |   Fri, 17 Jun 2016 08:00:00

BoE had something to add to the flux of Brexit-headlines - Rabobank

Stefan Koopman, Market Economist at Rabobank, suggests that the Bank of England surprised no one either by leaving the Bank rate at 0.50% and its asse
Sandeep Kanihama / FX Street   |   Fri, 17 Jun 2016 07:57:33

CHF: Susceptible to Brexit and a sudden deterioration in market sentiment - Rabobank

Stefan Koopman, Market Economist at Rabobank, notes that the Swiss National Bank kept the 3-month Libor target range at -0.25% to -1.25% and the inter
Sandeep Kanihama / FX Street   |   Fri, 17 Jun 2016 07:47:54

These 2 top U.S. firms thought likely to be hardest hit by BREXIT

Costs increase and capital markets activity decline.
Here Is The City   |   Fri, 17 Jun 2016 07:29:48

Brexit risks and rates favour USD near term - Danske Bank

Research Team at Danske Bank, notes that the EUR/USD reached a temporary peak on 3 May above 1.16 but has since edged lower. Key Quotes "We believe
Sandeep Kanihama / FX Street   |   Fri, 17 Jun 2016 07:29:08

$A ticks higher ahead of Brexit vote

The Australian dollar is stuck in a narrow range as nervous traders await the Brexit vote in the UK.
SMH   |   Fri, 17 Jun 2016 07:28:11

Op-Ed Columnist: Fear, Loathing and Brexit

Britons have a choice between bad and worse.
PAUL KRUGMAN / NY Times   |   Fri, 17 Jun 2016 07:21:02

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

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

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

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