Brexit will continue to shake financial markets next week

(From Nikkei Asia Review)

Investors should expect yet more turmoil next week as the Brexit shock continues to shake financial markets.

A man walks past an electronic board showing world stock exchange rates including Britain's, top left, at a securities firm in Tokyo

A man walks past an electronic board showing world stock exchange rates at a securities firm in Tokyo

Britain’s decision on Thursday to leave the European Union has clouded the financial markets with a number of unknowns, including how it will affect the global economy and British politics, and how the U.K. will actually leave the union.

It will take a while for stock and currency markets to regain some calm.

 On Friday, markets across Asia collapsed as results pointed to “leave,” despite prior polls showing a narrow lead for “remain.” In New York, the Dow Jones Industrial Average lost 610 points. Read More


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