07.07.2016 - 'Brexit' raises fears of global currency wars
The quick rebound and relative calm in financial markets last week following Britain's vote to leave the European Union were welcome relief to investors. Many surmised that markets were now looking past the so-called Brexit risks; some even declared victory. Not so fast. After initially recovering from the shocking June 23 referendum results, stocks in Europe and Asia extended losses Wednesday. While Wall Street ended up higher, U.S. and Japanese government bond yields touched record lows as anxious investors continued to run for safety...............................................Full Article: Source
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