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Brexit fears reduced to improve sentiment
Can it be that the murder of a UK politician on Thursday afternoon has changed the sentiment around the Brexit debate? Certainly this is what it appears from a markets perspective. News of the death of Jo Cox, UK Labour Party politician, seem to have boosted to prospects of the Remain campaign and reduced fears of a Brexit and improved market sentiment. This has driven a turnaround in the markets which had been increasingly concerned by a vote to Leave and this has pulled a recovery in sterling and equities. Also the safe haven plays which were so strong yesterday morning have receded with the yen and gold both ... (full story)
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