Brexit: No signs of cloud clearing – ING

By FXStreet Research Team at ING, suggests that the Brexit referendum has been confirmed for June 23rd and we have a good understanding of which camp the politicians are in.

Key Quotes

“However, the polls continue to show the outcome is too close to call, likely meaning UK asset prices will continue to suffer.

With David Cameron having achieved a “deal” with other EU leaders that he felt gives him enough substance to back an “in” vote for the UK he has confirmed that the referendum will be held on Thursday 23rd June. This has also paved the way for the politicians in his party to split on how the want to vote, meaning that campaigning is already starting.

The major coup for the “out” campaign was that London Mayor, Boris Johnson, a relatively charismatic and popular politician will be campaigning for the UK to leave the EU. However, the Prime Minister can seek some solace in that he said that Johnson said he will not be going head-to-head in any of the TV debates on the Brexit issue.

Over the next 24 hours we are going to be hearing more of the opinions of British business leaders with a largely pro-EU sentiment expected to …read more

Source:: FX Street