Pound continues Brexit decline as Japan and China voice UK investment fears

Discussion in 'Market News' started by Lily, Jun 27, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    China says companies may wait and see before investing in UK while Japan urges Britain to ‘listen to’ its 1,000 companies trading with the nation

    Officials in Japan and China warned of new threats to the health of the UK and global economy in the aftermath of Britain’s leave decision as the pound continued to fall and Asian markets on Monday struggled to recoup heavy losses.

    Japan’s stock market put on a show of resilience – the Nikkei 225 rising more than 2% by early afternoon – as prime minister Shinzo Abe held an emergency meeting early on Monday and instructed the Bank of Japan to do all it could to stabilise financial markets.

    Related: Firms plan to quit UK as City braces for more post-Brexit losses

    ヒッチンズ駐日英国大使は、6月27日(月)、フィリップ・ハモンド外相の書簡を岸田文雄外相へ届けました。書簡全文はこちら⇒https://t.co/lmhgFRLoID @UKAmbTim pic.twitter.com/lyZvzkUMb8

    It is safe to assume investors are not yet done with all the selling

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