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Politically I think the markets liked the results because of no change. The polls before the vote were way off as well. The UK is also looking at withdrawing from the EU which would be a blow to that union.
Asia was mixed at the close today. The Shanghai and Schenzhen had big days however. Schenzhen was up over 4%. Shanghai up over 2% and Hong Kong up more than 1%.
Comments
The pound sterling had a good day indeed.