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VCSC Daily - VN-Index pares losses after Brexit sparks global selloff - CPI, FPT

Market Commentary

24 Jun 2016

VN-Index pares losses after Brexit sparks global selloff. The decision by British voters to leave the European Union stunned many investors and sparked a global flight to safety. Markets late yesterday were caught leaning the wrong way, assuming the UK would stay in the EU. This helped magnify sharp drops today in the pound, crude oil and so-called risk assets, while triggering a spike higher in safe haven assets such as gold and the yen.
Tags: FPT

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