04.07.2016 - Brexit? What Brexit? Currency niggles Bremain but let the rally resume
Perhaps global financial markets are becoming a little punch drunk because they mostly shrugged off the Brexit-inspired alarms with some astounding rallies, in particular the FTSE 100 Index gaining 7.2% last week. That was the British market’s best weekly performance since February 2011. The New Zealand share market went along for the ride, the Top 50 Index jumping 3.9%. However, currency markets are still pointing to trouble ahead for the British economy, producing the unwanted side effect of boosting the New Zealand currency...............................................Full Article: Source
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