Though the Brexit risk premium was partly reversed with the recent swing back in favor of Remain, the outcome of the referendum remains too close to call, note Deutsche Bank analysts. A material shock from the U.K. referendum would trigger a forceful central bank response, while absent a shock, attention should shift back to fundamentals, wrote Marcus Arana and colleagues in their June 21 research piece titled “Brexit: Decision time.” Brexit risk pricing partly reversed Noting that the June 23 U.K. referendum has been the dominant theme for the markets for quite some time, the DB analysts point out that the…
Brexit Outcome Still Too Close To Call: Deutsche Bank
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports