I would've lied had I said I were surprised. Sterling valuation is not the only meaningful economic figure.
for info.. G20 finance ministers pledge to boost economic growth after Brexit shock Finance heads from around the world warn of ‘uncertainty in the global economy' http://www.independent.co.uk/news/world/europe/g20-finance-ministers-brexit-china-a7153291.html Sheffield strikes £1bn deal with Chinese firm Sichuan Guodong Construction despite Brexit uncertainty The deal is expected to create ‘hundreds, if not thousands’ of jobs http://www.independent.co.uk/news/b...tion-despite-brexit-uncertainty-a7148441.html Chinese buy the EU? They (EU) call it investments coming in ... I call it price slashing
To answer honestly. Who cares ?? We all are here to make money trading Money, (so if you believe in God and 'heaven' you are either way on the way to Hell) so, equal if GB exits the EU or not. Its a part of the game and the goal is to make as much as it possible from this situation. And the Situation atm is more than great for making money!!! Listen what Peter says about GB Exit !! My simple Gbp/Usd thoughts here -> http://stockaholics.net/threads/gbp-usd.50/#post-17950 Greets, Zzz.
what Brexit effect? British manufacturing staged one of its sharpest rebounds on record in August as factories recovered from the initial shock of June's vote to leave the European Union. The Markit/CIPS purchasing managers' index for the sector soared to 53.3 from July's figure of 48.3. Data over the past couple of weeks has further shown consumer demand holding up in the face of the referendum result. Sterling +1% to $1.3267. England seems to do ok without EU... not too sure if EU doing better without the UK I wish Italy would do the same... come out!!!!!!
I'd ask a question if this rebound is the result of the decision to leave or of the decision to delay Brexit until 2019. Cause I can't make any definite calls on this one.
The latter. After all, market reacts more actively on newer events. Besides, delaying the actual exit allows market to function a bit longer in a regular routine.
I think so too. Most of my friends from the UK are excited about the delay and wish that the entire thing was just canceled altogether
You know what's funny, when people researched Brits Google requests after the vote, the majority was like "Why did Brexit happen?" or "What does Brexit vote mean for me?" Kind of makes you wonder who'd actually voted for this
