Brexit campaign starts 15th April - Scotiabank

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Analysts at Scotiabank explained that Brexit assessments are coming thick and fast now as the official start of the referendum campaign nears (April 15th).

    Key Quotes:

    "Businesses, banks and multilateral organisations generally feel that exiting the EU would be negative for the UK economy and bad for the pound. We concur."

    "With polling very tight, the GBP will likely be increasingly sensitive to news on polling front in the weeks ahead. There are no UK data releases today. The MPC meeting tomorrow is widely expected to leave rate policy on hold."
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