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"LONDON: Sterling fell more than 2 percent, the euro took a hammering and stocks dropped again on Monday as Britain's vote to leave the European Union drove investors to seek safety in the yen, gold and low-risk government debt.Oil prices held near Friday's lows but were up on the day as traders took the view the British referendum's result would have little effect on global demand.Sentiment remained weak, with a political crisis gripping Britain and no clarity about when the world", www.brecorder.com
"Asian markets remain cautious the Monday after Britain voted to leave the European Union.The British pound resumed its slide, down 2.1% to 1.34 per dollar recently. Currency strategists from Morgan Stanley to CLSA think the British currency has more room to fall.READ MORE.", blogs.barrons.com
"Japanese Prime Minister Shinzo Abe, stumping for a July upper house election, is warning voters against casting their ballots for the opposition at a time when world financial markets are in turmoil after Britain’s shock vote to leave the European...", www.scmp.com
"NEW YORK - Global markets sold off for a second straight day on Monday, dragging the British pound to a 31-year low, while gold and safe-haven government debt rallied on Britain's shock vote last week to leave the European Union. Major U.S. stock indexes recorded their worst two-day drop in about 10 months. Banking stocks led losses amid uncertainty over London's future as the region's financial capital.", www.todayonline.com
"TOKYO: Tokyo stocks rebounded Monday from a rout that wiped more than $2 trillion off global financial markets in response to Britain's shock vote to quit the European Union.But analysts warned that the pain may not be over on financial markets as the referendum result leaves a trail of unanswered questions about the impact of the decision to leave the 28-member bloc.London has yet to clearly outline its next steps, while European leaders embarked on a flurry of diplomacy to plan the way for", www.brecorder.com
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