Market Comment | Risk off mood persists due to concerns over Brexit
Published on Monday, June 27, 2016
Market Comment | Risk off mood persists due to concerns over Brexit
Summary
Risk off mood remains in markets as investors still mulling over the impact of the Brexit. The hangover of UK’s referendum hit the financial markets again driven by European indices and especially by UK assets (GBP hit 30-year low against USD and Gilt 10Y yields broke the 1% threshold). Moreover S&P cut the U.K.’s credit grade […]
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