Article 1H4TM Why the markets' Brexit-induced bumpiness is good for remain

Why the markets' Brexit-induced bumpiness is good for remain

by
Larry Elliott Economics editor
from on (#1H4TM)

This turbulence reinforces the in camp's message about the economic risks of leaving the EU

Brexit pursued by a bear. Traders in the City of London are not especially renowned for their cultural appreciation but Shakespeare's most famous stage direction has been adapted to sum up the mood with just over a week to go before the referendum.

There was certainly a bit of A Winter's Tale feel about the financial markets as investors pored over the latest opinion polls suggesting the leave side is on course for what, only a month ago, looked like an improbable victory.

Bond markets looking good. Lot of international investors happy to buy UK gilts ahead of Brexit

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