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
"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.
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
