Sterling Сould Fall 20% After EU Vote (News: 10/05/16)
Today’s Press
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Sterling Сould Fall 20% After EU Vote
The pound could fall by as much 20 per cent if Britain votes to leave the European Union this summer, according to the National Institute for Economic and Social Research (NIESR).
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TSX declines as commodity prices fall
Canadian stocks slid on Monday, extending last week”s retreat, as commodity prices fell and wildfires raging through Alberta appeared set to move away from one of the country”s oil-producing regions.
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Britain’s trade gap widened in the first three months of the year to its biggest disparity since the financial crisis, adding to a spate of data showing that the UK economy has stalled ahead of the upcoming EU referendum.
Next Trading Day’s Important Events
- 11:30 (GMT+3) UK Industrial and Manufacturing Production
Forex Quotes:
- USDJPY: 109.05
- EURUSD: 1.1380
Indices:
- S&P 500: 2,058.69
- NASDAQ : 4,750.21
Source:: Sterling Сould Fall 20% After EU Vote (News: 10/05/16)