Brexit and Pound Flash Crash | Link Not? |

18 October 2016

 

Has Bristish Pound Flash Crash Closed Link with Brexit?

No one will want to admit the pound crash on October 7 has anything to do with Brexit, politically or emotionally. As everyone hope Brexit can give British a new lease of life. Everything can start all over for the better and not the worst. But, the true is human are emotional. …

 

Let’s examining some of the key events you may observe during the moment of true, Brexit.

 

Some Major Events Around the Globe on Brexit

Brexit has caused an Europe history the most serious Black Swan to-date; an unpredictable or unforeseen event, typically one with extreme consequences. The globe has been worried for months about what a British exit from the European Union like.

 

1 ) Oil Price Plunge 5%

Read story , Oil prices plunge 5% as Britain votes to leave EU on CNBC site. Crue oil fell a largest one-day decline since February 2016, fell $2.47, to settle at $47.64. It is a 5 percent down.  

 

2) British Pound Down 10.47% and Hits $1.3236 the 1985 Low

Read story, Pound plunges after Leave vote on BBC site

3) Gold Soared 8 Percent the Highest in More Than Two Years

Read story,  Gold races to 2-year high as investors seek refuge from Brexit on cnbc.com site.

Read story, Pound Tumbles to 31-Year Low as Brexit Starts to Inflict Damage on bloomberg.com site.

 

4) Stock Markets Around the World Affected – Decline

Read story, World Stocks Tumble as Britain Votes for EU Exit on reuters.com stie.

 

5) Plus What You and I Do Not Know Events

 

 

Have fun!

Moses Stock Desk

AmiBrokerAcademy.com