FTSE100 futures drop 6%

As per FTSE 100 futures, the UK’s mining heavy index is likely to open lower by 6%.

The risk aversion indicated by the futures is due to increased probability of ‘Brexit’. As per the latest report, ‘Leave’ vote is leading by 2.6%.

Brexit would be a shock as markets had positioned themselves for ‘Bremain’.

GBP/AUD tanks increased odds of ‘Brexit’

GBP/AUD dropped to a fresh session low of 1.8755 as ‘exit’ vote is in lead again. As per the UK TV station ITV the probability of Brexit now stands a
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GBP/JPY smashed down to lowest levels since April l2013

GBP/JPY has been battered again with risk-off and illiquid markets fleeing to safe havens and cable back to the lows in this EU referendum frenzy.
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