Brexit or not to Brexit? - ANZ

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Analysts at ANZ explained that this week’s EU summit will be a crucial test for sterling. The perceived success of UK PM Cameron in achieving his reform goals is key.

    Key Quotes:

    "A positive EU summit which boosts the anti-Brexit campaign would likely see the UK’s EU membership referendum confirmed for 23 June.

    The reality of ‘Brexit’ would usher in a very uncertain time for the UK economy with the practicalities of leaving the EU to be worked out and actioned and would be negative for sterling."
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