Brexit

Discussion in 'Economics' started by Zr1Trader, Feb 25, 2016.

Brexit

  1. Stay in EU

    14 vote(s)
    26.4%
  2. Leave EU

    39 vote(s)
    73.6%
  1. benwm

    benwm

    Maybe I was the only one watching. :)
     
    #71     Jun 10, 2016
  2. France wants out badly as well according to many polls I've seen online. Betfair bookies are going to take a hit on this IMO.
     
    #72     Jun 10, 2016
  3. ??? Bookie makes it on the spread, they are not known for in depth political analysis.
     
    #73     Jun 10, 2016
  4. They are providing liquidity at the wrong price IMO
     
    #74     Jun 10, 2016
  5. Just in U.K. POLL ON EU SHOWS 45% REMAIN, 55% LEAVE: ORB/INDEPENDENT
     
    #75     Jun 10, 2016
  6. wrbtrader

    wrbtrader

    Zr1trader,

    Did that vote today have any impact on the markets because I watched a very strong down movement in Forex GbpUsd today.
     
    #76     Jun 10, 2016

  7. Yes, I've been monitoring the release of the latest brexit polls on twitter breaking news feeds, bloomberg news ect and the past couple releases of polls have surprised folks because the leave side has gained traction. The pound has sold off on two different occasions immediately following the last two big polls being released on the major news wires.
     
    Last edited: Jun 10, 2016
    #77     Jun 10, 2016
  8. birzos

    birzos

    In the end it doesn't make any difference. The housing market needs to collapse 60% to revert to the mean, central banks have been flooding the system with money, ECBs desperate attempt to buy junk corporate bonds.

    Having spent time in Brussels it's the most ridiculous place, MEPs having dinner in the top restaurants with their "secretaries", then the place empties at the weekend to go back to "normal" life!

    Only the English are stupid enough to follow the rules, even the Dutch turn a blind eye to smoking in bars, no-one cares. Received some analysis from smart people, non-EU European countries all have higher GDP than Germany, France, et al. Productivity in large enterprises has been declining since 2012 and getting worse, so unemployment falls, the lower the productivity the more people you need to do the same job.

    It all needs to normalise, leave, stay, makes no difference, GBPUSD daily will tell you why there was a sharp move yesterday. The volatility was there anyway, we've now moved to very flat and extreme fat-tails, it averages out but most can't handle the swings, it's fun to be part of though!
     
    #78     Jun 11, 2016
    Zr1Trader likes this.
  9. Visaria

    Visaria

    betfair is an exchange, punters set the odds
     
    #79     Jun 11, 2016
  10. what'd I say?
     
    #80     Jun 11, 2016
    Visaria likes this.