Thursday, June 23, 2016

Nail-biter on the market – Västerbotten Courier

Economy. The counting of votes in the UK shows in a very consistent performance, smoother than what the market expected.

the pound fell against the dollar on the first results from the polling stations from the EU referendum, according to Reuters. From having risen to its yearly high made the currency a sharp U-turn when the first constituency of Sunderland in the north-east by a large margin had voted for brexit.

Since sank the pound further back after earnings in Newcastle where the market is expected to stay side would win clearly.

at the same time price of gold rose from two-week low of 1 percent.

the market has for several days been preparing for Britain to vote to stay.

the result of the referendum is not expected to come until the morning and the vote count during the night has surged back and forth, with brexit in management and changed the odds from bookmakers as nail-biter.

London Stock Exchange fell sharply in förhandeln. The Tokyo Stock Exchange opened up but then fell back. The Nikkei 225 index dropped nearly 3 percent in initial trading. Hong Kong first opened sharply down but then rose to hover around zero.

At the same time fell during the night, the price of oil, reports the international news agencies.

Late Thursday, oil prices rose and the euro and the pound strengthened since opinion polls showed an advantage for the stop side in the referendum in the UK. The pound rushed an hour after the polls close to year high against the dollar, but has since then lost.


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