Brexit News Archive: 20 Jun 2016

'Highly protectionist': Cross-border concerns key to votes on both sides of the Atlantic

While concerns of the Brexit movement are wide, U.S. politicians appear focused more on protecting the world's biggest economy, and its jobs, at all costs
Gordon Isfeld / Financial Post   |   Mon, 20 Jun 2016 21:54:52

Lyxor: Risk-Off Environment a Bonanza For CTAs

Hedge funds were under pressure last week as market stress rose materially ahead of the Brexit vote, with the Lyxor Hedge Fund Index losing -0.8% in the week through June 14. read more
FINalternatives   |   Mon, 20 Jun 2016 21:16:37

Where'd My Rally Go? Dow Slides From Highs, Gains 'Just' 130 Points

Stocks opened higher this morning and spent the rest of the day coming down, ending the day far lower than where they started despite optimism surrounding Brexit. Agence France-Presse/Getty Images The S&P 500 advanced 0.6% to 2,083.25 today, while the Dow Jones Industrial Average gained 129.71 points, or 0.7%, to ...
Stocks To Watch   |   Mon, 20 Jun 2016 20:20:17

SP 500 and NDX Futures Daily Charts - Gut Check For the Bears

Stocks were rallying this morning on optimism that Brexit would fail. But it was just a gimmicky way of handing that pessimistic crew, the bears, a gut check on their short holdings. Janet speaks this week to the Senate, and the British people will vote on Thursday the 23rd. I ...
Jesse's Café Américain   |   Mon, 20 Jun 2016 20:16:00

STOCKS RALLY, FADE INTO THE CLOSE: Here's what you need to know

Stocks rallied on Monday as markets began to dial down their fears over the coming "Brexit" referendum, or vote for the UK to either remain or leave the European Union, set for Thursday. Equity markets, however, lost considerable momentum in the final half hour of the trading day. Scoreboard Dow: ...
Business Insider   |   Mon, 20 Jun 2016 20:00:09

Gold ends the day down but off session lows

Gold prices managed to trim most of its intraday losses but closed the day down, as fears of a Brexit eased, weighing on the yellow metal. Gold close
Ani Salama / FX Street   |   Mon, 20 Jun 2016 19:52:45

EUR/USD retraces gains but holds above 1.1300

EUR/USD has retraced most of its daily gains over the last hours but managed to hold above the 1.1300 level, with market focus on the upcoming Brexit
Ani Salama / FX Street   |   Mon, 20 Jun 2016 18:45:31

ALERT: Unknown event imminent - What has the Elite planned for destroying TRUMP?

It's been a week since the Bilderberg meeting - and what a busy week for the Establishment! A key British MP was shot in the street before the signficant Brexit vote, and GBP/USD is soaring as if Brexit is not a possibility. Second, in what looks to be a false ...
Zero Hedge   |   Mon, 20 Jun 2016 18:03:27

Markets Ignore the 'Brexit' Worst-Case Scenario: A Sterling Crisis

Amid the speculation about what an exit from the EU would mean, little attention has been paid to the core assumptions investors are making
WSJ   |   Mon, 20 Jun 2016 17:50:07

Monday assorted links

1. The economics of Broadway. 2. Them vs. us, but in Brexit demands, who exactly is the "us"? 3. Patrick Blanchfield, The Gun Control We Deserve. Recommended. And here is an alternative perspective on why so many people own AR-15s. Also recommended. 4. "In Guadalajara, Mexico, streets are named after ...
Marginal Revolution   |   Mon, 20 Jun 2016 16:51:16

Milan bourse closes 2.54% up (2)

Milan, June 20 - The Milan bourse closed 2.54% up Monday, in the wake of Friday's 3.49% rally, with the FTSE-MIB rising to 17,353 points as banking stocks rallied again after Brexit fears subsided further. London closed 3.04% up, Frankfurt 3.47% up and Paris 3.5% up.
Gazzetta Del Sud   |   Mon, 20 Jun 2016 16:06:00

Double Trouble: Trump and Brexit

Lede: As Donald Trump continues his march toward the White House, across the pond, the campaign calling for the United Kingdom to exit the European Union is steadily gaining traction. Jonathan Stubbs compares the Trump phenomenon and the push for "Brexit," arguing that victory for both would be deeply destabilizing ...
World Policy   |   Mon, 20 Jun 2016 15:59:53

Brexiters split into nice and nasty camps

Farage's role in the Leave campaign has caused some consternation, writes Sebastian Payne
FT   |   Mon, 20 Jun 2016 15:59:10

PRO Uncut: John Mack

Former Morgan Stanley CEO John Mack shared his thoughts on where he sees the biggest risks in the world today.
CNBC   |   Mon, 20 Jun 2016 15:55:00

Milan bourse closes 2.54% up

Milan, June 20 - The Milan bourse closed 2.54% up Monday, in the wake of Friday's 3.49% rally, with the FTSE-MIB rising to 17,353 points as banking stocks rallied again after Brexit fears subsided further.
Gazzetta Del Sud   |   Mon, 20 Jun 2016 15:54:00

Please don't leave us this way - Europe urges Britain not to plump for #Brexit

Peter Foster / Telegraph   |   Mon, 20 Jun 2016 15:37:54

Chart of the day is...

...gold, dailies: What if I told you that Brexit was never that important in the first place?
IKN   |   Mon, 20 Jun 2016 15:27:00

The London property market is doomed, doomed I tells ya

Yes, yes, we know, people will keep buying property in London no matter the price, no matter the Brexit, no matter the sheer insanity of it all. But, there's a credible bear case to be made that regulatory and tax changes in the buy-to-let market - known colloquially as the ...
FT Alphaville   |   Mon, 20 Jun 2016 15:22:14

Big buyouts slow amid Brexit uncertainty

Private equity deals in Europe fall by a third in first half
FT   |   Mon, 20 Jun 2016 15:21:10

As Sterling Soars Above 1.47, Citi Admits That It Is "Stunned" - Here's Why

One look at cable this morning, which moments ago hit 1.47, continuing its unprecedented move higher, which already was the biggest intraday move sine 2008, and traders would be allowed to conclude that the Brexit vote had come and gone, with Remain winning by a wide margin. After all, with ...
Tyler Durden / Zero Hedge   |   Mon, 20 Jun 2016 15:19:27

How Investors Can Prepare For The Brexit Vote

Investors should be prepared no matter which way the Brexit vote goes.
Kevin Mahn, Contributor / Forbes   |   Mon, 20 Jun 2016 15:19:00

Potential Brexit vote sees mortgage rates drop

Investors leaving riskier shares for government bonds have caused mortgage rates on five- and 10-year deals to decrease The cost of taking out a fixed-rate mortgage over five or 10 years has fallen to a record low, in a surprise side-effect caused by money markets reacting to a possible Brexit. ...
Hilary Osborne / Guardian   |   Mon, 20 Jun 2016 15:16:13

Dow soars 250 points on easing Brexit fears

Stocks are back in rally mode on Monday as concerns the U.K. will vote to leave the European Union have eased. The Brexit-fueled rally has lifted the Dow 250 points, on track for its best day since early March.
CNN   |   Mon, 20 Jun 2016 15:15:21

Nissan to sue Vote Leave campaign over EU referendum flyer

Japanese carmaker to take legal action after its name and logo were used on leaflets urging voters to back Brexit Nissan is to take legal action against the Vote Leave campaign after the Japanese carmaker's logo was used on leaflets calling for voters to back Brexit in Thursday's referendum. On ...
Simon Goodley / Guardian   |   Mon, 20 Jun 2016 15:14:03

Stocks surge as investors grow hopeful about 'Brexit' vote

Global stocks are surging Monday morning as investors grow more hopeful that Britain will remain in the European Union. In the U.S., banks are climbing along with interest rates and energy companies are rising with the price of oil. The Dow Jones industrial average climbed 251 points, or 1.4%,...
Associated Press / LA Times   |   Mon, 20 Jun 2016 15:05:00

U.K. banks soar as Brexit is back off

Seeking Alpha / Seeking Alpha   |   Mon, 20 Jun 2016 15:02:24

The big questions for markets this week

Brexit consequences, Janet Yellen's testimony and focus on yen set to dictate market sentiment
FT   |   Mon, 20 Jun 2016 14:59:17

Opinion poll swing weighs down gold

The price of gold dipped sharply on Monday as fears of a Brexit eased after the latest poll suggested that the Remain campaign was in the lead ahead of Thursday's referendum. The price of gold has benefitted from polls which suggested that the Leave campaign was leading the way, prompting ...
Proactive Investors   |   Mon, 20 Jun 2016 14:56:00

UK vote no help to UK economy

Severing ties to Europe may help Britons regain a sense of independence. It's unlikely to help their economy, however.
CNBC   |   Mon, 20 Jun 2016 14:42:00

Will the UK leave the EU? Keeping track of the polls, bookmaker odds, and the financial markets

Peter Spence / Telegraph   |   Mon, 20 Jun 2016 14:37:06

Three Stocks That Could Crater if Brexit Becomes a Reality

Susquehanna's Pablo Zuanic and team argue that Coca-Cola Enterprises ( CCE ), Mondelez International ( MDLZ ) and SodaStream International ( SODA ) are most at risk if Britain votes to leave the European Union . They explain why:
Ben Levisohn / Stocks To Watch   |   Mon, 20 Jun 2016 14:29:59

Gold Lower as Risk Back On After Brexit Polls Point to Remain

Gold prices are moderately lower in early U.S. trading Monday, as investor risk appetite has up-ticked to start the trading week. Some profit taking from recent gains is also weighing on the yellow metal. Last week gold prices hit a two-year high. August Comex gold was last down $9.00 an ...
Alfonso Esparza / OANDA   |   Mon, 20 Jun 2016 14:25:55

Gold inter-markets: under pressure as 'Brexit' fades

The demand for the precious metal remains subdued at the beginning of the week, as the likeliness of a 'Brexit' scenario seems to have lost impetus fo
Pablo Piovano / FX Street   |   Mon, 20 Jun 2016 14:22:51

Gold, gold miners sink as Brexit campaign suddenly loses steam

Seeking Alpha / Seeking Alpha   |   Mon, 20 Jun 2016 14:22:11

Oil prices bounce back ahead of Brexit vote

Oil prices bounced back above US$50 a barrel on Monday as commodity and equity markets breathed relief ahead of Thursday's EU referendum. As the vote approaches the chances of a British exit from the European Union is looking less likely, than it did last week anyway. Last week the Leave ...
Proactive Investors   |   Mon, 20 Jun 2016 14:19:00

Dow Surges 500 Points Since UK Lawmaker Death - Erases Post-Payrolls Losses

WTI Crude and S&P 500 have now erased all post-payrolls losses as the bounce off the "Jo Cox Is Dead" bottom extends. Gold remains the biggest winner post-payrolls but is fading as the world believes that with Brexit 'fixed' everything is now awesome once again... As the Dead Cox Bounce ...
Zero Hedge   |   Mon, 20 Jun 2016 14:17:07

TREASURIES-U.S. yields climb on reduced Brexit fears

NEW YORK, June 20 (Reuters) - U.S. Treasury yields rose on Monday with longer-dated yields hitting their highest in more than week, as traders trimmed safe-haven holdings of lower-risk government...
Reuters   |   Mon, 20 Jun 2016 14:10:00

How A Possible Brexit Is Impacting Dealmakers

According to a recent Intralinks survey of almost 1,500 global dealmakers, global M&A activity could be severely impacted should Britain take the decision to leave the European Union (EU). In the survey, 65% of global M&A professionals believe the value of European assets will be negatively impacted if Britain voted ...
Matt Porzio, Contributor / Forbes   |   Mon, 20 Jun 2016 14:06:00

NZD/USD climbs to fresh 11-day highs

Commodity currencies are on the rise on Monday, while the greenback trades broadly lower, as Brexit concerns eased over the weekend, providing respite
Ani Salama / FX Street   |   Mon, 20 Jun 2016 14:04:33

Dow jumps 200+ points as 'Brexit' fears ease

Global stocks rallied as polls suggest remain camp in 'Brexit' vote has gained momentum.
USA Today   |   Mon, 20 Jun 2016 14:03:34

Pricing in a Brexit is a challenge too far

Sharp swings in asset classes underline struggle to assess outcome of the EU vote
FT   |   Mon, 20 Jun 2016 14:02:40

Stocks up 1%; Dow surges 250 points as Brexit concerns wane

Stocks kicked off the week on the right foot, opening sharply higher as Brexit concerned lessened and oil prices surged.
CNBC   |   Mon, 20 Jun 2016 14:01:00

How Brexit May Affect Your Retirement Fund This Week

Thursday's vote could rattle the world's fifth-largest market and the global economy.
Kyle Woodley / U.S. News   |   Mon, 20 Jun 2016 13:59:48

Nobel economists warn UK of lasting damage from Brexit

Ten winners of the Nobel Prize in economics on June 20 warned that leaving the European Union would "create major uncertainty" over Britain as a trading nation and inflicting lasting economic damage
Hurriyet   |   Mon, 20 Jun 2016 13:52:00

How Do You Spell Relief? Dow Soars 250 Points as Bremain Trumps Brexit Fears

Stocks are soaring this morning as polls show Brexit support beginning to wane . The S&P 500 has advanced 1.3% to 2,097.96 at 9:47 a.m. today, while the Dow Jones Industrial Average has gained 254.93 points, or 1.4%, to 17,930.09. The Nasdaq Composite has risen 1.3% to 4,864.01. Evercore ISI's ...
Stocks To Watch   |   Mon, 20 Jun 2016 13:50:26

Branson 'fearful' over Brexit impact

Sir Richard Branson tells the BBC why he is backing Remain in the EU referendum.
BBC   |   Mon, 20 Jun 2016 13:49:35

Nissan Taking Legal Action Against Vote Leave

The Japanese firm claims Out campaign leaflets are misusing its logo and misrepresenting its position on the Brexit vote.
Sky   |   Mon, 20 Jun 2016 13:45:30

Bankers Fight Back

In a win for the status quo, global equities have rallied today and gold is down as "Brexit fear have eased". But it's going to be a long and eventful week so come on in and let's get started. read more
TF Metals Report   |   Mon, 20 Jun 2016 13:32:11

Stocks set to soar at the open as Brexit polls turn around

Seeking Alpha / Seeking Alpha   |   Mon, 20 Jun 2016 13:25:24

Banks lead recovery in UK and Europe

Financial stocks rebound as Brexit opinion polls narrow
FT   |   Mon, 20 Jun 2016 13:25:06

Sterling Soars After Latest Poll Favors Remaining in EU

The U.K. pound surged after weekend opinion polls suggested the U.K. was leaning toward voting to stay in the European Union in this Thursday's referendum.
WSJ   |   Mon, 20 Jun 2016 13:15:02

Potential Brexit spooks world economy

Prospects for the global economy have perhaps never rested so heavily on a single vote as they do ahead of the referendum taking place in the UK.
CNBC   |   Mon, 20 Jun 2016 13:11:00

Oil bullish momentum gains traction, reclaim $49.00 mark

WTI crude oil jumped above $49.00 as global financial markets cheered the latest Brexit polls that showed support leaning towards the 'Remain' camp.
Haresh Menghani / FX Street   |   Mon, 20 Jun 2016 13:09:30

Keidanren head urges yen intervention

Call shows concern about further currency surge in case of Brexit
FT   |   Mon, 20 Jun 2016 13:07:47

Brexit: The Only Question Markets Care About for Now

Monday's extraordinary swings in markets underline just how much Thursday's U.K. vote matters.
WSJ   |   Mon, 20 Jun 2016 13:05:55

Brexit would end City lead in euro trade

Euronext chief executive warns that London's financial dominance will wane if the UK leaves the EU
FT   |   Mon, 20 Jun 2016 13:03:36

AUD/USD resumes rise, approaches 0.7500

AUD/USD advanced to 11-day highs on Monday as the US dollar remains weak across the board as Brexit fears eased over the last days following new polls
Ani Salama / FX Street   |   Mon, 20 Jun 2016 12:52:44

'Brexit' vote catches Wall Street at a bad time

The referendum on whether to stay in the European Union poses a risk to Wall Street.
USA Today   |   Mon, 20 Jun 2016 12:46:51

Brexit trades will unwind: Strategists

Stay or go, the market may produce the same result after the U.K.'s referendum on its EU membership, strategists say.
CNBC   |   Mon, 20 Jun 2016 12:42:00

Aberdeen Asset Management climbs 5% as analysts suggest £5bn bid price

With financial shares heading higher as Brexit fears recede, Aberdeen Asset Management is among the biggest gainers.
Here Is The City   |   Mon, 20 Jun 2016 12:41:52

Why U.S. Companies May Have Less Reason to Fear Brexit

"Brexit" worries have put investors around the globe on edge. U.S. companies have had less reason to worry.
Ben Eisen / MoneyBeat   |   Mon, 20 Jun 2016 12:41:15

Vote Leave views of Europe's future are not attractive - if you know your history

Whither Europe after Brexit? Wiliam Potter In the EU referendum, those urging Britons to vote to leave see two possible outcomes for Europe in the event of a Brexit. Either it would integrate further and become a superstate or it would fall apart, restoring a Europe of nation states. Both ...
Andrew Dilley, Senior Lecturer, History, University of Aberdeen / The Conversation   |   Mon, 20 Jun 2016 12:31:10

U.S. yields hover near 1-week highs

NEW YORK, June 20 (Reuters) - Yields on longer-dated U.S. Treasuries rose on Monday, touching their highest levels more than a week as traders pared their holdings of lower-risk government debt on...
Reuters   |   Mon, 20 Jun 2016 12:28:16

At Risk Sector ETFs in a Brexit Vote

The upcoming United Kingdom referendum, or "Brexit" vote, that will decide its fate within the European Union has caused a lot of market headaches, especially among bank stock and financial sector-related exchange traded fund investors. The financial sector is among the most at risk if the U.K. decides to part ...
Tom Lydon / ETF Trends   |   Mon, 20 Jun 2016 12:25:37

Banks brace for Brexit trading surge

Banks and currency trading revenues enlist more staff in anticipation of heavy trading
FT   |   Mon, 20 Jun 2016 12:23:44

Gold Bubble - Brexit Fear

Everybody and his financial planner seem to favor gold these days, at least on the parallel reality that is business television. Some like gold because of the current uncertainty plaguing Europe, with the upcoming Brexit vote in focus. Others proclaim gold's merits because of the Fed's decision to refrain from ...
The Greek / Wall Street Greek   |   Mon, 20 Jun 2016 12:19:00

Market Update: Two Developments to Note

The market bounced hard last week when a British MP was killed. The consensus view is that this tragedy will somehow turn Brits against a Brexit. Britain is voting whether or not to leave the EU this coming Thursday. From a technical perspective, the S&P 500 tried several times to ...
Gains Pains & Capital   |   Mon, 20 Jun 2016 12:17:27

Fink: 'Still nervous' about Brexit

Either way the vote goes, BlackRock chief Larry Fink tells CNBC Britain needs to focus on the anger among voters.
CNBC   |   Mon, 20 Jun 2016 12:14:00

Global stocks soar as 'Brexit' fears ebb; Dow futures up more than 200

Investors are happy about polls indicating British voters are leaning toward staying in the EU.
USA Today   |   Mon, 20 Jun 2016 12:08:56

Brokers move to limit amateur traders' Brexit losses

Brokers move to limit amateur traders' Brexit losses Matthew Allen Jun 20, 2016 - 10:30 Banks and professional traders are lining up to take advantage of volatility created by Britain's vote on EU membership. Amateur investors are also looking to [...]
Guest Post / Value Walk   |   Mon, 20 Jun 2016 12:00:19

Rip Roaring Rally

Early in the weekend, I was asking myself how I was going to handle positioning before the big Brexit vote on Thursday. solved! It's quite evident that the assassination of Jo Cox took care of the problem the ruling class in Britain was having with this whole "Brexit" nonsense, and, ...
Tim Knight   |   Mon, 20 Jun 2016 11:54:23

"The Next Few Days Will Be Dominated By Fear" - Why One Trader Isn't Buying Today's Massive Stock Surge

Some thoughts on today's dramatic global "risk on" stock ramp from Mark Cudmore, a former FX trader who writes for Bloomberg The Definition of Respite Today's Brexit sentiment-related rally seen across global financial assets will soon dissipate. Far from being a turning point, the next few days will be dominated ...
Zero Hedge   |   Mon, 20 Jun 2016 11:52:25

Oil price, Sound Energy, EnQuest, Amerisur, Sundry-Wood Group-Lekoil-Oil & Gas Council, And finally...

Oil price Last week was a down week for oil despite the sharp rally on Friday which has continued today. WTI fell $1.09 whilst Brent dropped $1.37 as the continuing strong dollar and worries about Brexit kept the fear factor alive and risk certainly off. Things all changed as on ...
Proactive Investors   |   Mon, 20 Jun 2016 11:51:00

Santoli's Monday market outlook

CNBC's Mike Santoli describes how parts of the market feel like a bear. Plus, he gives a play on Brexit.
CNBC   |   Mon, 20 Jun 2016 11:45:00

Frontrunning: June 20

Britain's rival EU camps resume campaign as polls show momentum for 'In' (Reuters) Britain's 'In' campaign wins more support, buoys markets (Reuters) Brexit Campaigners Are Deceiving Voters, Cameron Says (BBG) German trade body lowers export forecast: 'Brexit is poison' (Reuters) Beyond the Turmoil, Central Bankers Dread Brexit's Shadow (BBG) With ...
Zero Hedge   |   Mon, 20 Jun 2016 11:30:54

Japan's precipitous short yen position

Once scaleable mountain looks suddenly threatening in the event of Brexit vote
FT   |   Mon, 20 Jun 2016 11:22:44

Aberdeen Aberdeen climbs 5% as analysts suggest £5bn takeover price

Company subject to bid talk and Numis says 40% premium would be needed With financial shares heading higher as Brexit fears recede, Aberdeen Asset Management is among the biggest gainers. The company, more than 5% better at 281.5p, has been the subject of takeover speculation recently, and analysts at Numis ...
Nick Fletcher / Guardian   |   Mon, 20 Jun 2016 11:13:22

Funding Circle orders one last round at the EIB saloon

Depending on who you ask, a vote for Brexit on Thursday will unleash the long period of uncertainty about the meaning of life more generally. Which means it's probably best to get your house in order before the deluge - for Funding Circle that means securing £100m worth of leverage ...
FT Alphaville   |   Mon, 20 Jun 2016 11:07:51

UK MPs to pay tribute to slain colleague

British lawmakers will return to Parliament on Monday to pay tribute to their slain colleague Jo Cox, whose shocking killing last week has focused international attention on the country's historic referendum on whether to leave the European Union.
CNN   |   Mon, 20 Jun 2016 11:01:59

Morning News: June 20, 2016

Could a "Brexit" Weaken Europe's Ability to Tackle Global Poverty? Modi Camp Critiques Rajan While Moving to Calm India Investors Rosneft on Putin's Agenda in [...]
Eddy Elfenbein   |   Mon, 20 Jun 2016 11:01:42

Why the possibility of 'Brexit' has markets shuddering

Already the pound is dropping, money is moving into bonds, London stocks are declining, and central banks in the U.S. and Europe are looking at contingency plans to stave off market shocks if Britain votes Thursday to leave the European Union. An overreaction? Perhaps, but a strong consensus among...
Don Lee / LA Times   |   Mon, 20 Jun 2016 11:00:00

EUR/JPY retreats from tops, back below 119.00

The single currency is now losing some upside momentum, dragging EUR/JPY to the area of 118.40. EUR/JPY up on Brexit, failed above 119.00 The cross
Pablo Piovano / FX Street   |   Mon, 20 Jun 2016 10:38:37

EMERGING MARKETS-Naira tumbles 23 pct; assets gain as Brexit fears ease

By Karin Strohecker LONDON, June 20 (Reuters) - Nigeria's naira lost around quarter of its value on Monday after the central bank dropped its dollar peg, though most other emerging markets assets...
Reuters   |   Mon, 20 Jun 2016 10:26:31

Melt Up

On the latest Brexit polls pointing towards "Stay," markets around the world have surged higher:   Click for updated Futures   The post Melt Up appeared first on The Big Picture.
The Big Picture   |   Mon, 20 Jun 2016 10:00:56

PREMIER LEAGUE BOSS: 'Nobody bears the scars more than me of having to go and negotiate in Brussels'

Richard Scudamore, the executive chairman of the Premier League and one of the most powerful men in English football, has come out firmly against a Brexit in the EU referendum on June 23. Speaking on BBC 5 Live, Scudamore claimed that his job had given him a lot of experience ...
Business Insider   |   Mon, 20 Jun 2016 09:59:38

Is Brexit driven by the fear of migrants?

Daniel Hannan, a Conservative Party MEP, debates with Denis MacShane, a former Labour MP.
Al Jazeera   |   Mon, 20 Jun 2016 09:55:00

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

Ben Riley-Smith / Telegraph   |   Mon, 20 Jun 2016 09:44:43

EUR/CHF bounces off lows, around 1.0890

The Swiss franc is markedly lower vs. its European peer on Monday, taking EUR/CHF to the vicinity of the 1.0900 key barrier. EUR/CHF up on Brexit Dw
Pablo Piovano / FX Street   |   Mon, 20 Jun 2016 09:21:53

US Treasurys down ahead of Yellen, Brexit vote

U.S. sovereign bond prices were lower Monday as investors awaited testimony from Janet Yellen and tread lightly ahead of Britain's EU referendum.
CNBC   |   Mon, 20 Jun 2016 09:14:00

Brexit in Context

At least some Britons, and many other EU citizens, still want future generations to come to think of themselves as Europeans. And they are right to think that the world would be a far better place with a united, democratic Europe as a major force for both stability and change.
Michael Spence / Project Syndicate   |   Mon, 20 Jun 2016 09:03:29

The Interpreter: What Is A Look at the Debate and Its Wider Meaning

As British voters weigh whether to leave the European Union, they are wading into questions about national identity and Britain’s place in the world.
AMANDA TAUB / NY Times   |   Mon, 20 Jun 2016 09:00:19

OUTRAGEOUS Cameron cites murdered MP to help prop up no votes on the Brexit referendum

British Prime Minister David Cameron has invoked the memory of the murdered Labour MP Jo Cox to press the case for Britain staying in the EU, a as the referendum campaign enters its final week, reports FT. The prime minister tweeted a link to the last article written by Cox, ...
Economic Policy Journal   |   Mon, 20 Jun 2016 08:51:00

GBP/USD flirting with highs near 1.4650

The Sterling is the best G10 performer so far today, now lifting GBP/USD to the mid-1.4600s, near session tops. GBP/USD stronger as 'Brexit' fades T
Pablo Piovano / FX Street   |   Mon, 20 Jun 2016 08:47:19

Scotland-bound Trump says he'd vote for 'Brexit'

Republican candidate again weighs in on whether Britain should leave the European Union
USA Today   |   Mon, 20 Jun 2016 08:45:28

CEE MARKETS-Easing Brexit fears lift emerging European markets

By Marton Dunai BUDAPEST, June 20 (Reuters) - Easing fears of a British exit from the European Union boosted stocks and currencies across central and eastern Europe on Monday, with the zloty...
Reuters   |   Mon, 20 Jun 2016 08:23:26

Tokyo stocks rise on yen's fallback

Stocks advanced sharply on the Tokyo Stock Exchange on Monday thanks to a pause in the yen's appreciation on the back of receding worries about Britain's possible exit from the European Union, or "Brexit." The 225-issue Nikkei average gained 365.64 points, or 2.34 percent, to close at 15,965.30. On Friday, ...
Japan Times   |   Mon, 20 Jun 2016 08:12:27

$A stronger but faces headwinds

The Australian dollar is rising on a stronger global risk appetite but faces headwinds this week from the Reserve Bank minutes and Brexit vote.
SMH   |   Mon, 20 Jun 2016 08:08:11

If Brits Vote 'Leave,' Boris Johnson Could End Up at 10 Downing Street

David Cameron's days as prime minster of the United Kingdom may be numbered. The EU referendum that once looked to be so solidly in his hands has begun to slip away, and now the Leave campaign holds a slight lead in the poll of polls. The conventional wisdom says Cameron ...
National Review   |   Mon, 20 Jun 2016 08:00:00

Markets are galloping because Remain support is growing stronger

European stocks are on a charge on Monday morning as the continent's investors look to be increasingly pricing out the chance of Britain voting for a Brexit when the country goes to the polls on Thursday. At the open all of Europe's most important share indexes jumped, gaining more than ...
Business Insider   |   Mon, 20 Jun 2016 07:40:32

BARCLAYS: The global economy is coming to a crossroads

The next few weeks may well be the most important for the global economy since the fall of Lehman Brothers in 2008. And it is not just about the EU referendum. A handful of events, with binary yes/no outcomes, will decide whether growth rises or falls, according to analysts at ...
Business Insider   |   Mon, 20 Jun 2016 07:19:08

We are bullish on equities: Investor

Lakefield Partners' Bruno Verstraete explains why his company is bullish on stocks ahead of elections in Spain and the Brexit referendum.
CNBC   |   Mon, 20 Jun 2016 07:19:00

Market briefing: US markets closed lower on Friday, weighed down by a selloff in technology and health care shares

UK Market Snapshot UK markets finished higher on Friday, helped by gains in banking sector stocks, as concerns over potential Brexit eased. Royal Bank of Scotland Group, Barclays, Standard Chartered and Lloyds Banking Group jumped 3.7%, 4.6%, 5.5% and 6.0%, respectively. Wolseley gained 4.2%, after a leading broker upgraded its ...
Proactive Investors   |   Mon, 20 Jun 2016 07:13:00

USD/JPY capped at 104.85 on broad USD selling

Monday opening trade took the USD/JPY pair higher and extending its up-move to 104.85 as receding support for 'Brexit' boosted risk appetite, hurting
Haresh Menghani / FX Street   |   Mon, 20 Jun 2016 07:09:11

UK Chancellor Demands Brexiters "Tone Down Rhetoric," Then Compares Them To Nazis

With the 'Remain' campaign having the momentum, the establishment are oh-so-carefully capitalizing on the death of MP Jo Cox, no matter what the facts are. In the latest piece of hysteria-mongering, a perfectly hypocritical UK Chancellor George Osborne demanded Brexit supporters use more "facts" and less "divisive political debate" seconds ...
Zero Hedge   |   Mon, 20 Jun 2016 07:00:00

Yes but, yes but

Ten of the world's leading 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 of a Brexit vote in ... read more
Tim Worstall   |   Mon, 20 Jun 2016 06:33:59

Monday morning bullet points

* The latest Brexit poll shows a slight move towards Remain, as does the betting in the bookies. The margin of movement in the poll, however (+3% for Remain) is sufficiently small as to be difficult to ascribe much if any significance towards it. That being said, markets have opened ...
Macro Man   |   Mon, 20 Jun 2016 06:00:00

10 things you need to know in markets today

Good morning! Here's what you need to know in markets on Monday. Britain's referendum on European Union membership is in the final stretch before Thursday's vote. The Leave and Remain sides have battled each other to a stalemate with each on exactly 50% support. Brexit fears are stunting Britain's M&A ...
Business Insider   |   Mon, 20 Jun 2016 05:58:03

Chaos Theory, Shocks, and Fragility, Australia and Elsewhere

Yves here. Even though this post describes why Australia is particularly vulnerable to an external shock like Brexit, it contains broader lessons. One might be an economic analogue to the observation in Anna Karenina: "All happy families are alike; each unhappy family is unhappy in its own way." The fault ...
Naked Capitalism   |   Mon, 20 Jun 2016 05:16:13

Japan Shares Lead Asia Higher

A sharp rebound in Japanese stocks helped lead most Asian markets higher, as worries eased about the coming referendum in the U.K. on European Union membership.
WSJ   |   Mon, 20 Jun 2016 03:42:23

$A higher on oil price recovery

The Australian dollar is higher on the back of an oil price recovery and the suspension of Brexit campaigning.
SMH   |   Mon, 20 Jun 2016 02:16:52

Weekly Outlook

Week Ahead by Bloomberg. Wall St. Week Ahead by Reuters. Weekly Economic Calendar by Briefing.com.BOTTOM LINE: I expect US stocks to finish the week modestly higher on declining European/Emerging Markets/US High-Yield debt angst, commodity strength, short-covering, yen weakness, technical buying and diminished Brexit worries. My intermediate-term trading indicators are giving ...
Between the Hedges   |   Mon, 20 Jun 2016 01:53:00

UK car industry and more leading businessmen back Remain

Executives at major UK car companies, Sir Richard Branson, and one of football's most senior figures voice support for staying in the EU, but Vote Leave says Brexit would boost industry.
BBC   |   Mon, 20 Jun 2016 01:03:39

Sunday Night Futures

The Brexit vote is on Thursday ...Weekend:• Schedule for Week of June 19, 2016From CNBC: Pre-Market Data and Bloomberg futures: S&P are up 14 and DOW futures are up 140 (fair value).Oil prices were down over the last week with WTI futures at $48.24 per barrel and Brent at $49.39 ...
Calculated Risk   |   Mon, 20 Jun 2016 00:41:00

The Week Ahead: Janet Yellen to Testify Before Congress and Britain to Vote on

Analysts will be looking for any hint of policy change in Ms. Yellen’s testimony, and immigration remains a main factor in the upcoming vote.
THE NEW YORK TIMES / NY Times   |   Mon, 20 Jun 2016 00:15:10

Rabobank: Markets like stability and continuity

Rabobank's Michael Every and JPMorgan's Tai Hui discuss the likelihood of a Brexit and its ramifications.
CNBC   |   Sun, 19 Jun 2016 23:21:00

Wolff: What the Brexiters and Donald Trump have in common

Part of the conservative aspiration is to undo elements of modern innovation.
USA Today   |   Sun, 19 Jun 2016 23:00:36

A lost opportunity

Stefano Mallia's piece ('Brexit: leading, not leaving', June 14) hit the nail on the head in every paragraph. The British people look at Brexit as an opportunity to restore their sovereignty. Instead, it is an opportunity lost for Britain to show its traditional prowess. They tied this opportunity purely to ...
Mario Galea, St Andrew's / Times of Malta   |   Sun, 19 Jun 2016 22:01:04

Brexit to overshadow Yellen? - FXStreet

Market's sentiment continued improving last Friday, although uncertainty over the upcoming Brexit referendum has kept majors within familiar ranges...
Ross J Burland / FX Street   |   Sun, 19 Jun 2016 21:51:29

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

Global Economy Week Ahead: Brexit Vote, Yellen Testimony, Japan Trade

All eyes this week will be on the U.K. vote on whether to leave the European Union, but there will be other big moments, including two rounds of testimony by Federal Reserve Chairwoman Janet Yellen on Capitol Hill.
WSJ   |   Sun, 19 Jun 2016 20:08:16

"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

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

JPMorgan's Four Catalysts For Chaos In 2016

The tape faces four big catalysts/events between now and probably the end of the year according to JPMorgan: 1) The Fed. Do they move in June or Jul? The former has the Brexit problem on June 23 (although the odds of an "out" vote have declined enormously) and the latter ...
Zero Hedge   |   Wed, 1 Jun 2016 22:10:00

Trump On Brexit

During an interview with reporter Michael Wolff of The Hollywood Reporter, after a brief bit of Brexit confusion, Donald Trump came out in favor of Britain exiting the EU: "And Brexit? Your position?" Wolff asked the billionaire. "Huh?" Trump responded. "Brexit," Wolff reiterated. "Hmm," the real estate tycoon said. "The ...
Economic Policy Journal   |   Wed, 1 Jun 2016 20:53:00

Time Discovers Truth -- A current snapshot of the market

In a year filled with an impending US election, the prospect of the United Kingdom's withdrawal from the European Union (aka Brexit), among other events, there has been a particular negative sentiment on the part of some in the investment community. This negative herd-like sentiment and behavior is permeating the ...
Pamela Rosenau, Contributor / Forbes   |   Wed, 1 Jun 2016 19:39:00

LSE-Deutsche Boerse offers jam tomorrow, tomorrow

The two exchanges reckon their merger can create 250 mln euros of new revenue - eventually. But there are plenty of hurdles to delivering the goods, from a potential Brexit to the 20-plus regulatory approvals needed. The inherent slipperiness of boosting sales is a poor lure.
Breakingviews   |   Wed, 1 Jun 2016 18:00:00

What Trump's bizarre Brexit comments actually reveal

There's a pretty stunning anecdote in the Hollywood Reporter's new Trump profile - one that makes it sound like Trump has no idea what the British vote to exit the EU, called Brexit, is about: "And Brexit? Your position?" I ask. "Huh?" "Brexit." "Hmm." "The Brits leaving the EU," I ...
Vox   |   Wed, 1 Jun 2016 16:40:36

Jan-Werner Müller: Breurope

Far from concentrating minds, Brexit has been treated as yet another distraction in an EU facing multiple threats of disintegration. At last autumn's summit meetings, convened to address the refugee crisis, other member states made clear their view that dealing with the UK was like trying to manage a narcissistic ...
London Review of Books   |   Wed, 1 Jun 2016 16:33:31

Another Brexit debate is possible

The mainstream Brexit debate has essentially been an argument between two branches of the Tory party, but there are shoots of hope arguing for a radical debate on Europe's future. Last year, openDemocracy predicted that the Brexit debate in the political and media mainstream would be framed as such: "Do ...
Alex Sakalis / Open Democracy   |   Wed, 1 Jun 2016 16:31:03

Life would be simpler outside the EU, says Drax (but it's 'neutral' on Brexit)

Emily Gosden / Telegraph   |   Wed, 1 Jun 2016 16:18:45

The Brexit Debate - EU Integration or Disintegration?

The School of Social Science & Philosophy at Trinity College Dublin is hosting a Brexit debate, on Thursday 9th of June at 6pm. Speakers include economists John O'Hagan and Michael Wycherley (nationalities Irish and English, respectively!), as well as Will Phelan (Political Science) and Francis Jacobs (ex-European Parliament). More details, ...
Ronan Lyons / Irish Economy   |   Wed, 1 Jun 2016 15:40:37

Dutch PM's Brexit immigration warning

The Dutch prime minister warns other countries will retaliate if the UK leaves the EU and adopts a points-based migration policy.
BBC   |   Wed, 1 Jun 2016 15:13:03

World Stuck in 'Low-Growth Trap' as Brexit Fears Grow, Says OECD

The organization reduced economic prospects for the U.S., the UK and other countries.
Andrew Soergel / U.S. News   |   Wed, 1 Jun 2016 14:57:55

We heard Donald Trump was struggling with 'Brexit,' so we thought Daily Kos could help him out

Donald Trump's ignorance of American politics is legendary, so of course-of course-he was utterly confounded when Michael Wolff of the Hollywood Reporter asked him about the single most serious issue facing our closest international ally: "And Brexit? Your position?" I ask. "Huh?" "Brexit." "Hmm." "The Brits leaving the EU," I ...
Daily Kos   |   Wed, 1 Jun 2016 14:55:21

The 'greatest risk to the global economy' has nothing to do with a China slowdown

One of the oil industry's most trusted advisors says that the "greatest risk to the global economy today" is not Brexit, the slowdown in China, or terrorism, but the potential collapse of the fossil fuels industry. Speaking at the Financial Times' Energy Transformation Strategies conference in London on Wednesday, Phillip ...
Will Martin / Business Insider   |   Wed, 1 Jun 2016 14:35:39

BREXIT WATCH - Leavers say listen to business, but business isn't listening

June 1 The latest dire economic warning about the consequences of the UK leaving the EU met a predictable response from those advocating an exit. Brexiteers branded a report from the organisation for Economic Co-operation & Development (OECD) as biased and flawed. The OECD cut its forecast for UK growth ...
Proactive Investors   |   Wed, 1 Jun 2016 14:30:00

Trump To Travel To UK Day After 'Brexit' Vote For Golf Club Opening

WASHINGTON (AP) - Donald Trump is heading to Britain later this month for the ceremonial opening of his Turnberry golf complex in Scotland following an extensive, multimillion dollar revamp, his campaign said Wednesday. Read More
TPM   |   Wed, 1 Jun 2016 14:24:25

Embraer: No big travel impact in event of Brexit

Seeking Alpha / Seeking Alpha   |   Wed, 1 Jun 2016 14:21:41

UK 30-year bond yields near 4-month low on global and Brexit nerves

LONDON, June 1- British government bonds surged on Wednesday, pushing 30- year yields to their lowest in nearly four months, on the back of global economic worries and opinion polls showing a greater chance of a vote to leave the European Union on June 23. "Risk appetite is clearly waning," ...
CNBC   |   Wed, 1 Jun 2016 14:18:00

Trump Time Capsule #10: The Gorilla and the Brexit

I think there's actually a reason to keep laying this out, but we'll get to that. For now, let's look at a genuinely impressive moment of Donald Trump in the public eye. Daily Trump #10: June 1, 2016. The tragedy of the gorilla. In the same press conference yesterday at ...
James Fallows / The Atlantic   |   Wed, 1 Jun 2016 14:15:00

Trump lands in Britain after Brexit D-Day

Presidential candidate plans UK arrival to celebrate golf club opening on day after European referendum
FT   |   Wed, 1 Jun 2016 14:04:57

Deutsche Bank to relocate some trading activities in event of Brexit

Deutsche Bank CEO John Cryan said the bank would move some trading activities from London if the U.K. decides to exit the European Union next month.
Here Is The City   |   Wed, 1 Jun 2016 13:43:20

Speak English, Brexit camp tells migrants

Would-be migrants to a UK would have to "speak good English" under the Vote Leave campaign's new immigration policy.Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay your next car insurance bill until you try this.
CNN   |   Wed, 1 Jun 2016 13:34:10

Trump to visit UK day after 'Brexit' vote

CNN   |   Wed, 1 Jun 2016 13:33:20

Brexit is already costing British firms, S&P warns

Tim Wallace / Telegraph   |   Wed, 1 Jun 2016 13:27:30

Italy economy minister warns about Brexit, Trump victory in US

ROME, June 1 (Reuters) - If Britain chooses to leave the European Union in this month's referendum it will create a "very serious problem" for the whole of the EU and other states may follow suit,...
Reuters   |   Wed, 1 Jun 2016 13:24:07

'Democracy, prosperity, and freedom': The founder of JD Wetherspoon makes the case for a Brexit

With only three weeks to go until the European Union referendum, the arguments for Britain either staying or leaving the EU - the later dubbed a Brexit - are heating up. One of the most prominent business figures to wade into the argument is Tim Martin, the chairman and founder ...
Lianna Brinded / Business Insider   |   Wed, 1 Jun 2016 13:12:19

Brexit camp eye Australian-style immigration system if UK leaves EU

Britain would extend an Australian-style points-based immigration system to European Union citizens if it votes to leave the bloc, the "Out" campaign said on Wednesday, ratcheting up the pressure on a key issue ahead of the June 23 referendum. Two polls on Tuesday showed Britons have moved towards voting to ...
Craig Erlam / OANDA   |   Wed, 1 Jun 2016 13:05:09

Stocks, Sterling Roiled as 'Brexit' Poll Unnerves

Investors received a sharp reality check this week after a new poll on the upcoming referendum in the U.K. highlighted that the vote might just be closer than many people were thinking. With just an hour left of the trading session to go on Tuesday, two polls from U.K. newspaper ...
Craig Erlam / OANDA   |   Wed, 1 Jun 2016 12:58:31

FTSE 100 and AIM under pressure on China, Brexit fears

Brexit fears and more disappointing data from China upset the FTSE 100 Index. The top flight dropped 65 points to 6,165 after an ICM phone poll for the Guardian showed the Leave campaign taking the lead by about four percentage points, although that excluded 'don't know' voters. China's manufacturing index ...
Proactive Investors   |   Wed, 1 Jun 2016 12:50:00

Donald Trump Appears Unfamiliar With Term 'Brexit'

In an interview published Wednesday in the Hollywood Reporter, Donald Trump seemed unaware of the term "Brexit," which is used to describe Great Britian's potential to leave the European Union. During a discussion on pockets of anti-immigrant beliefs in Europe, interviewer Michael Wolff asked Trump, "And Brexit? Your position?" Read ...
TPM   |   Wed, 1 Jun 2016 12:43:48

The Day After Brexit

The Day After Brexit by Mark Burgess, Columbia Threadneedle Investments Instead of arguing for or against British withdrawal from the European Union, we look at the likely outcomes if Brexit were to happen. Picture the scene: The votes have come in [...] The post The Day After Brexit appeared first ...
Columbia Threadneedle Investments / Value Walk   |   Wed, 1 Jun 2016 12:34:58

BREXIT Gold Diversification from One Of Oldest Private Banks In World

BREXIT Gold Diversification from One Of Oldest Private Banks In World BREXIT gold diversification is taking place due to concerns about the BREXIT vote on June 23rd as "smart money" institutions, banks and investors diversify into non negative yielding gold. One of the oldest private banks in the world, Berenberg, ...
GoldCore / Zero Hedge   |   Wed, 1 Jun 2016 12:34:17

No renegotiation of EU treaties if Brexit vote, Juncker tells Spiegel

BERLIN, June 1 (Reuters) - The European Union should not renegotiate existing treaties or push for deeper euro zone rules if Britons vote to leave the bloc in a June 23 referendum, European...
Reuters   |   Wed, 1 Jun 2016 12:30:57

Stocks, sterling roiled as 'Brexit' poll unnerves

Investors received a reality check this week after a poll on the upcoming referendum highlighted that the vote might just be closer than many were thinking.
CNBC   |   Wed, 1 Jun 2016 12:11:00

OECD cuts Canada's outlook, warns Brexit, refugee crisis threaten global growth

The international economic think tank warned today that the 'low-growth trap' will continue if governments don't change tack on spending and trade
The Associated Press / Financial Post   |   Wed, 1 Jun 2016 11:42:01

Brexit possibility impacts on British manufacturing sector

Foreign demand for goods from UK factories falls for fifth month as customers unwilling to commit to investment Uncertainty over Britain's membership of the EU is hitting a third of businesses in the UK manufacturing sector, which barely scraped growth in May according to a closely watched survey. Foreign demand ...
Angela Monaghan / Guardian   |   Wed, 1 Jun 2016 11:39:28

Sterling still slumping after Brexit polls

FT   |   Wed, 1 Jun 2016 11:29:21

Brexit 'would allow fairer immigration'

Vote Leave says the UK could have a "fairer, more humane" points-based immigration system if it left the EU, but Remain campaigners say it would "wreck" the economy.
BBC   |   Wed, 1 Jun 2016 11:12:12

Brexonomics: Never Has So Much Been Written By So Many To The Same Point

By Professor Andrew Scott I have a professional confession to make. I really am not enjoying the Brexit debate. Don't misunderstand me. It's not that I don't think it's important or that I don't know where I stand. For me, Remain is best for the UK -the uncertainty around the ...
London Business School Review, Contributor / Forbes   |   Wed, 1 Jun 2016 11:12:00

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

"Something to do with breakfast?" - New Yorkers on the UK #brexit

On 23 June, the UK will vote on whether to leave the European Union. The campaign to leave has been dubbed 'Brexit' - a pithy portmanteau derived from the words 'Britain' and 'exit' - and is dominating the news in Europe. But what do New Yorkers make of the debate? ...
Adam Gabbatt, Emrys Eller / Guardian   |   Wed, 1 Jun 2016 11:00:21

Small Manufacturing Growth Amid Brexit Fears

A third of manufacturing bosses say that uncertainty over the EU referendum has had a detrimental impact on their business.
Sky   |   Wed, 1 Jun 2016 10:46:12

Immigration is the Brexiteers' comfort blanket. It isn't enough to win them the referendum

Asa Bennett / Telegraph   |   Wed, 1 Jun 2016 10:45:49

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

IMF Not Funding July Greece Deal, Still Wants Serious Debt Relief Before Committing New Dough

The IMF has not given up on debt relief for Greece, but due to the upcoming Brexit vote, is holding off on the fight until fall.
Yves Smith / Naked Capitalism   |   Thu, 26 May 2016 09:55:05

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