UK pound falls to fresh 2.5-year low against Singdollar as 'Brexit' fears persist

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#11
The undecided voters are essential to make a diff in the result...

Undecided voters see Brexit making them worse off: survey

LONDON - Britons still undecided on how they will vote in a referendum on EU membership think they would be 71 pounds ($103) a year worse off if Britain quits the bloc, a survey said, suggesting the "Leave" camp faces a bigger challenge than the "Remain" side.

Undecided voters, on average, estimated that households would be 181 pounds worse off per annum five years after a vote to leave the EU, compared with a hit of 110 pounds if Britain decided to stay, the survey showed.

Eighteen percent of the 3,000 respondents polled by market research firm Opinium and the European Centre for Research in Electoral Psychology at the London School of Economics said they did not know how they would vote in the June 23 referendum.

A quarter of those who have not made up their minds think that British households will be worse off after a vote to leave, compared with 17 percent who think they would be worse off if Britain stays in the bloc, the poll showed.
...
http://www.todayonline.com/world/undecid...rse-survey
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#12
Hot money is seeking safe haven, and mostly in yen? The Brexit is very damaging for Abe economic plan... Big Grin

Euro, pound fall to lowest level vs yen since 2013

http://www.todayonline.com/business/euro...s-yen-2013
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#13
(13-06-2016, 09:34 AM)CityFarmer Wrote: Hot money is seeking safe haven, and mostly in yen? The Brexit is very damaging for Abe economic plan... Big Grin

Euro, pound fall to lowest level vs yen since 2013

http://www.todayonline.com/business/euro...s-yen-2013

What Abe has is not an economic plan, its just the common central bank stimulus which by now is proven to be a short term bandage. Significant financial reforms and debt reduction is needed long term. 

Gold / Yen and USD are going to have a good run this month. 

And when UK votes to stay in EU we are going to see a big rebound in pound.

China slowdown still is the major deciding factor and many have failed to notice the Yuan is being devalued slowly these past few months, very sneaky.

-enjoy the bear market whilst it lasts Big Grin-
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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#14
The Brexit, is probably more likely than we thought...

Britain's The Sun newspaper endorses Brexit
14 Jun 2016 08:35
[LONDON] Britain's most-read newspaper The Sun urged readers to vote to leave the European Union in an editorial splashed across its Tuesday front page in the colours of the Union Jack.

"BeLEAVE in Britain" read the headline in large letters.

"We are about to make the biggest political decision of our lives. The Sun today urges everyone to vote LEAVE."
...
AFP

Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#15
"The implied probability of a British vote to stay in the European Union fell to 62 percent on Tuesday from about 78 percent last week, according to betting odds from Betfair."

http://uk.reuters.com/article/uk-britain...KKCN0Z00KA

Big Grin
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#16
Global central banks are preparing for the Brexit...

Global central banks prepare swap facilities for Brexit vote
15 Jun 2016 00:01
[FRANKFURT] Central banks around the globe are preparing financial backstops to mitigate market turmoil in case Britons vote next week to leave the European Union, hoping to buffer the real economy from any short-term impact.

Operating with so-called swap lines, the world's biggest central banks stand ready to temporarily exchange currencies in potentially unlimited quantities if financial market disruption leaves banks and exporters short of foreign currency.

Policymakers fear that a British vote on June 23 to leave the 28-nation EU, known as 'Brexit', could trigger an exodus of cash from Britain, paralysing currency markets and weighing immediately on growth if firms cannot gain access to foreign currency needed for their day to day business.
...
Source: Straits Times
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#17
With "everyone" ready, it seems like it is no longer any "Black Swan".
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#18
Ya. Known unknown usually can 'digested' by markets within a short time.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#19
I am registered to vote. I vote "Remain". Anyone based in the UK as well?
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#20
I am predicting likely no brexit, but secretly hoping for brexit so markets big dip and present some buying opportunities.

Perhaps the brexit happening could be the trigger for the next GFC. since draghi ecb already no more bullet liao.

Then maybe this crash will cause recession in usa and trump take over.

Of course followed by a spectacular crash in china credit markets.

Soros seems to be Spot On for now....

Sent from my MotoG3 using Tapatalk
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
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