Monday, November 18, 2024

Tomorrow voting on UK’s departure from the EU

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The UK’S EU referendum will be held tomorrow. Many are worried about Britain’s departure of EU as it will result in negative consequences on the market direction. Officials expect overlaps of UK’s economy in case of voting turned against UK’s exit of EU, according to Le Monde French newspaper. Analysts of Goldman Sachs expect sterling pound price fall at 11 per cent of its current value. This is going to influence Europe’s economy negatively as they expect euro’s price fall at 4 per cent. In addition to Japanese yen’s price fall at 14 per cent, Swiss franc at 8 per cent and Norwegian krone at 3 per cent.


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