We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
IT
Pocketmags Digital Magazines
Christmas Presents
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 118 - Nov | Dec 2016 > Post-Brexit Aftershocks on the Horizon

Post-Brexit Aftershocks on the Horizon

Impact examined

The Brexit vote on June 23 came as a massive shock to financial markets, especially the British pound, which fell from 1.50 to the US dollar to 1.29 within a matter of days. Across the English Channel, however, the euro took the news with remarkable equanimity, and remained firmly in the upper half of the narrow 1.04 to 1.15 to the US dollar range where it has been trading since February 2015.

The aftershocks of Britain’s decision to leave the European Union are only just beginning. The first came in late September when Prime Minister Theresa May announced a date to set Brexit in motion: March 2017, for invoking Article 50 of the European Union that deals with a membernation wishing to leave the economic and political grouping of 28 countries, including Britain. Markets perceived the setting of a date as increasing the probability of a “hard Brexit” in the absence of an agreement to extend Britain’s current relationship with the EU after a two-year withdrawal deadline in March 2019. More aftershocks may be on the way, and the pound may not be the only one reeling from the tremors.

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 118 - Nov | Dec 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 118 - Nov | Dec 2016
€129,99
Or 12999 points
6 Month Digital Subscription
Only € 140,00 per issue
€699,99
Or 69999 points

View Issues

About The Hedge Fund Journal

Informing the Hedge Fund Community. With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.
Modalità di pagamento Pocketmags Payment Types
A Pocketmags si ottiene Fatturazione sicura Ultime offerte HTML Reader Regali Loyalty Points