Themes: Brexit it is.

The implications of the UK referendum result are hard to nail down, but we expect them to be negative in most scenarios. We would expect Brexit to trigger a chain of non-linear events well into Read More →

The British pound plummeted to a new 31-year low on Wednesday, overwhelmed by continued fears over the U.K. leadership vacuum and the country's potential exit from the European Union (EU).

The pound crumbled to as low as 1.2796 against Read More →

Key Points

• British Pound continued to trade down against the US Dollar, and traded close to the Read More →

Key Points

• Euro after trading as high as 114.78 found sellers and started to move down against Read More →