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"Short-covering in the currency market and U.S. futures market is limiting selling," said Yutaka Miura, senior technical analyst at Mizuho Securities. "But overall sentiment remains fragile.""Friday's Brexit jump scare has faded, but markets are still worried" about its possible effect on global demand, SLW brokerage trader João Paulo de Gracia Corrêa said.Policymakers from Japan to China vowed to protect their economies and markets from the destabilizing impact of Brexit."It's hard to avoid sho…
varda's Blog
Brexit week
The U.K vote to leave the EU will obviously dominate the summits of European heads of government and global central bankers this week.Beginning today, central bankers gather for at a three-day meet in Portugal. What many may have considered a boring topic “The Future of the International Monetary and Financial Architecture” should be rather apropos given the financial market fallout after last week’s shock ‘Brexit’ vote. Not sure whether BoE’s Governor Carney will have the time to fulfill his sp…
Referendum count down
counts will get under way when polls close at 22:00 GMT Thursday, 23 June at 382 local centres around the UK. These local results will be declared as the counts are completed before being collated at 12 regional centres, which will also declare the totals for each side. There will be a rolling total so the time at which one side reaches the point of being mathematically unbeatable depends on how quickly the vote are counted and how close the results are running. It is a safe bet that from 4am on…