FTSE100 futures drop 6%

Omkar Godbole FXStreet Contributor

As per FTSE 100 futures, the UK’s mining heavy index is likely to open lower by 6%.

The risk aversion indicated by the futures is due to increased probability of ‘Brexit’. As per the latest report, ‘Leave’ vote is leading by 2.6%.

Brexit would be a shock as markets had positioned themselves for ‘Bremain’.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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