Brexit Uncertainty Can be Contained
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Brexit Uncertainty Can be Contained: BIS – Profit & Loss
Despite an initial period of “uncertainty and adjustment” that is to be expected following the victory of the Brexit camp at the UK referendum last week, “with good cooperation at the global level, I am confident that uncertainty can be contained and that adjustments will proceed as smoothly as possible”, the general manager of the Bank for International Settlements (BIS), Jaime Caruana said yesterday.
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Lionel Messi Says his Argentina Career Is Over
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Lionel Messi Says his Argentina Career Is Over – The Guardian
Lionel Messi has said his international career is over at the age of 29 after he blazed a penalty over the bar in Argentina’s defeat in the Copa América final to Chile.
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Brexit: David Cameron to quit after UK votes to leave EU – BBC
Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union.
Sterling Leaps to 6-month High as ‘Remain’ Odds Rise
Sterling Leaps to 6-month High as ‘Remain’ Odds Rise – fastFT (subscription)
The pound has surged to a six-month high amid growing confidence that the UK will vote to remain in the European Union.
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Brit Arrested At Rally ‘Wanted To Shoot Trump’
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Brit Arrested At Rally ‘Wanted To Shoot Trump’ – Sky News
A British man who was arrested at a Donald Trump rally has told investigators he wanted to kill the presumptive Republican presidential nominee.
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Pound Surges as Brexit Opinion Polls Show Neck-and-Neck Race
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Pound Surges as Brexit Opinion Polls Show Neck-and-Neck Race – FT (subscription)
The British pound powered ahead on Monday morning, carving out one of its biggest rallies of the past decade after the latest opinion polls on Britain’s EU referendum showed rising support for the Remain campaign that put it neck-and-neck with the rival Leave camp.
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Britain in shock after killing of Labour MP Jo Cox
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Britain in shock after killing of Labour MP Jo Cox – FT (subscription)
The fatal shooting of a British MP has shocked the country’s political establishment, bringing an abrupt halt to the increasingly heated campaign for next week’s referendum on UK membership of the EU.
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Global Central Banks Join Chorus of Brexit Concern
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Global Central Banks Join Chorus of Brexit Concern – fastFT (subscription)
First, to the fury of Leave campaigners, it was the Bank of England. But now a premium list of top-flight central banks is expressing nerves around the potential outcome of the UK’s referendum on EU membership.
ECB Ready to Support Markets In Event of Brexit
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ECB Ready to Support Markets In Event of Brexit – WSJ
The European Central Bank stands ready to work with the Bank of England to provide additional liquidity to financial markets if the U.K. votes to leave the European Union next week, a person familiar with the matter said.
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The Lunatics are Running the Asylum
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The Lunatics are Running the Asylum – Profit & Loss
It has been regularly ventured in institutional FX circles that any retail trader looking to make money in FX is crazy – there is an information disadvantage that is not compensated for by the advanced technology available to these traders.
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