Brexit – the long and winding road


Tumultuous journey: A postcard reading ‘Keep Calm and Carry On’ sits in a rack outside a newsagent in London. While the undercurrents of the economic realities of Brexit might be some way away, it is not going to be business as usual as what some might think the market is suggesting. – Bloomberg

A week after the tumultuous event of Brexit, where Britain voted to leave the European Union (EU), everything appears to be back to normal.

The battered FTSE 100, which loss a staggering £60bil after the vote results were known, have clawed back that loss and more. The pound sterling, which was routed and fell to a level against the US dollar last seen since the mid-1980s, however, continues to be wobbly.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Brexit , outlook , economy

   

Next In Business News

Capital A chief Fernandes defers retirement, renews contract for 5 years
Australia Q1 inflation slowdown disappoints, rate cut bets gone
Ringgit rebounds on softer US$ after PMI data
Positive earnings outlook for Axis REIT
FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Vietnam apparel companies raise concerns over 2H production
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices

Others Also Read