Britain's decision time: "Brexit" or "Bremain"? | 23/06/2016

Britain's decision time: "Brexit" or "Bremain"? • Polls still indicate a tight race, but bookmakers’ probability for “Remain” is 78%. • Negative reactions in “Leave” may be much larger than positive reactions in “Remain”. If Britain remains: If Britain leaves: -GBP gains -GBP likely to plunge -UK equities (Global sentiment) gain -UK equities likely to collapse -Euro may gain -EUR could fall, but less than GBP -Safe havens JPY, CHF and gold may fall -Safe havens may rally considerably -CB policies likely to remain unaffected -BoE, ECB and BoJ may add more stimulus -FX interventions unlikely -May trigger BoJ intervention in JPY -SNB likely to intervene in EUR/CHF • Norges Bank likely to hold its fire for now • Norges Bank policy meeting. Expected to remain on hold. NOK could gain on the decision. • Today’s indicators: • France, Germany & Eurozone: Prel. Markit manuf. & services PMIs for Jun. • US: New home sales for May and prel. Markit manuf. PMI for Jun. Join us for more technical and fundamental analysis: http://bit.ly/176O18w To get the latest Forex trading news you should: • Download the IronFX Research app: http://goo.gl/jhQIxO • Like us on Facebook:   / ironfx   • Follow us on Instagram:   / ironfx   • Follow us on LinkedIn: https://goo.gl/wSEbPN  • Follow us on Twitter:   / ironfxglobal   • Circle us on Google+: https://www.google.com/+Ironfxglobal • Subscribe to our Channel: http://bit.ly/1foFmCU