Friday, June 24, 2016

Stock market collapse after clearance – Västerbotten Courier

Economy. announcement that the British have voted to leave the EU had exchanges to collapse and the pound tumbling to its lowest level in three decades.

in the Tokyo stock exchange at 15.06 Swedish time, have fallen by about seven percent. Hong Kong Stock Exchange has lost about five percent.

futures trading before the stock exchange trading in London and the rest of Europe suggests as dramatic race here, according to Reuters news agency. London Stock Exchange is expected to plummet by about seven percent. Even in the US, it looks to be dramatic stock market declines.

The announcement to leave side goes against a profit even got the British pound tumbling by nine percent to just under 1:35 dollars. It is the lowest level since 1985. Reuters notes that the pound race is clearly the largest in living memory and that the drama is bigger than during the global financial crisis in 2008.

While other financial markets shaken vigorously. World prices for oil have fallen by about six percent.

US bond yields fall, because the US central bank is now expected to await further with an interest rate increase. That there will be an increase in July is now out of the question, says the analysts told Reuters.

Market players have for several days been that Britain should vote to stay in the EU.


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