Wyn Thomas - Axys Investment Management

Weekly Market Update 26th February 2016

BREXIT DEBATE DOMINATES HEADLINES

This week has been dominated by “Brexit”. No more than a day after we vowed not to mention it again until the referendum date had been announced, David Cameron duly named June 23rd as Referendum Day. Markets have not reacted well, with the pound dropping on the news; and a seemingly endless parade of business leaders coming out in support of one side or the other has provided no end of news coverage. Boris Johnson’s decision to back the leave campaign has also added to the drama, giving hope to Eurosceptics requiring a popular and charismatic leader to see them over the line. Read More…….