UK Politics (5 Viewers)

Bjerknes

"Top Economist"
Mar 16, 2004
111,512
Well, I'm hoping for remain so the market doesn't puke tomorrow. Everyone's investments will be down tomorrow if Brexit passes.
It won't be that bad, at least for New York and Toronto. What do you think will happen to forex?

Brexit with an early lead.
Good shit! It's about time the Brits do something for themselves.

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Well, I'm hoping for remain so the market doesn't puke tomorrow. Everyone's investments will be down tomorrow if Brexit passes.
It won't be that bad, at least for New York and Toronto. What do you think will happen to forex?

Brexit with an early lead.
Good shit! It's about time the Brits do something for themselves.
 

Ocelot

Midnight Marauder
Jul 13, 2013
18,943
Don't fuck this up Britain, this one's dangerous

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Seems to be pretty clear judging from the already available results though.

Now let's hope that there won't be a strong domino effect. With Le Pen & Co. coming to power in the next few years it's gonnanot looking bright for sure.
 
Mar 3, 2014
3,865
It won't be that bad, at least for New York and Toronto. What do you think will happen to forex?



Good $#@!! It's about time the Brits do something for themselves.

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It won't be that bad, at least for New York and Toronto. What do you think will happen to forex?



Good $#@!! It's about time the Brits do something for themselves.
With a Brexit, USD will soar. Pound will likely depreciate vs. Euro, but there are people who think Euro contagion risk may balance this out.

One thing is for sure. Markets will tank tomorrow. Markets were up big today on anticipating no brexit. Would not be surprised to see 3% down day tomorrow with a Brexit considering the market wasn't pricing it in at all.

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Swansea were expected to 'remain' 55-45 split

They actually favored leave marginally.
That one surprised me.
 

Bjerknes

"Top Economist"
Mar 16, 2004
111,512
With a Brexit, USD will soar. Pound will likely depreciate vs. Euro, but there are people who think Euro contagion risk may balance this out.

One thing is for sure. Markets will tank tomorrow. Markets were up big today on anticipating no brexit. Would not be surprised to see 3% down day tomorrow with a Brexit considering the market wasn't pricing it in at all.
Those were my thoughts as well. The contagion will spread for sure though, so the pound won't be that bad off I would bet.
 

Bjerknes

"Top Economist"
Mar 16, 2004
111,512
What are you measuring against?
bc IMO it depends vs. what currency. Euro, it may balance out. Against USD, I think it will get crushed.
Against Euro. I would definitely be long dollars there.

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Sky News forecast 53% leave 47% remain

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Here we go

DAX -715 :lol:

DOW -400

VIX up 20%
 

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