Brexit: the referendum

Labour is calling a Leave victory, as are the financial markets.

FTSE and GBP down 5% right now.

Bumpy ride ahead, I'm sad to say to the Brits among us. Possibly a wider contagion as well.

(Japan is ignoring you; the Nikkei is up a couple of points. Everywhere else savaged.)

China opens in 15 minutes.
 
Labour is calling a Leave victory, as are the financial markets.

FTSE and GBP down 5% right now.

Bumpy ride ahead, I'm sad to say to the Brits among us. Possibly a wider contagion as well.

(Japan is ignoring you; the Nikkei is up a couple of points. Everywhere else savaged.)

I'm just talking from personal opinion but i'm close to tears.

Can't believe it's such a divide.
 
Dammit, I can't sleep :( Slightly terrified of the impact on mortgage interest rates if this goes 'leave', not to mention the economy in general.
 
Labour is calling a Leave victory, as are the financial markets.

FTSE and GBP down 5% right now.

Bumpy ride ahead, I'm sad to say to the Brits among us. Possibly a wider contagion as well.

(Japan is ignoring you; the Nikkei is up a couple of points. Everywhere else savaged.)

I think Japan is starting to notice.
 
* might not be official Labour comment, apparently.

The market results are real, though.

If your balls and bank balance were big enough and you thought Remain wins there's lots of money to be made if you were right.


Cable is now back up above 1.45. And that's still in line with the steady upward trend over the past month - it's just that in the couple of days before yesterday, and especially in the couple of hours before the polls closed, there was a sharp upward spike. IMO all that's happening here is market correction and profit-taking, and that the prevailing sentiment driving the forex markets (even at 1.45) is for "Remain".

The Cable options market would be very interesting to look at, and movements in that market would give much better views on sentiment than movements in the spot rate. But it's late here and I have neither the awaked-ness nor the inclination to dig out the numbers :D
 
Stroud Gloucestershire votes remain. That surprised me but I don't know if it was a shock
 
This is more of a nailbiter than I thought it would be.

Any reason to think the earlier results would be less representative?

Only 50.2% to 49.8% though. Very close.
 
I tell ya what, the financial markets will have their biggest day in history.

Remain takes the lead.

This is better than the Derby!
 

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