Just after 10:30am
The FTSE100 is higher than this time last Friday.
The EUR/GBP is roughly where it was last Wednesday.
The GBP/USD is roughly where it was last Wednesday.
Both metals are up a little in $ & £ terms.
No big shakes...Looks like the remain campaign could HAVE been using scaremongering tactics.
That's because at these times last week leave was ahead in the polls - so the markets crashed then, as well. They recovered back to normal levels through the day yesterday when the expectation was of sanity prevailing. Make no mistake, the crash today is the Brexit effect. Our economy is going to be permanently smaller and weaker - and moreover the process of getting there is going to be very ugly.
The market crash is due mainly to the EU being weaker when the UK leaves.
The net millions pumped into the EU by Britain each year will leave a big shortfall.
We will negotiate an exit agreement but they will bully us. That is the only way the EU knows how to operate.
We have given power back to people we have voted for, not to corrupt Eurocrats.
Yes it is going to be hard in the short term, but the EU is a broken organisation and we will be better out of it.
28% of laws passed in OUR parliament last year was thrown out by the non elected EU, how can that be democracy?