Well, the bookies got it wrong
UK votes to leave the EU
Interesting times ahead
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Well, the bookies got it wrong
UK votes to leave the EU
Interesting times ahead
Hubertus Vaeth ... Frankfurt banks representative interviewed on the BBC and asked about the massive market reaction to Brexit (GBP down 5%+, FTSE down 5%+, DAX down 6%+) ... said words to the effect:
In the last few days the market was reassured by the bookies that Brexit would not happen.
The upset result has shocked finance markets