Brexit: the one certainty is uncertainty, but back to US fundamentals soon - BTMU
|Analysts at the Bank of Tokyo Mitsubishi , in respct to the EU referendum, explained that in the current financial market environment globally where the one certainty is uncertainty, a Brexit would be a development that would clearly intensify financial market uncertainty that would have near-term implications for not just UK growth but global growth.
Key Quotes:
"We remain cautiously of the view that the opinion polls will prove accurate and the UK will remain in the EU. While that is good news from a global markets perspective, the markets will quickly shift focus to other key global issues – in particular the US elections and the continued slowdown in global growth. The initial euphoria of a vote to remain may not prove very lasting."
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