These crosses are fucking insane. I realize this is all theatre now. Nothing matters until the results are final. The leave vs remain vote tallies are just about 50-50 now, so it’s too early to count chickens. Nonetheless, the fluctuations are just bizaare.
The pound is off by 3.1% v the dollar.
Dollar is higher vs yuan by 0.25% and 1.1% vs the euro.
The yen is up 1.4% vs the dollar and Bitcoin is higher by 4.2%.
Gold is up more than 1% and crude is off by 2%.
Dow futures are down 243 and the FTSE is indicating -5.1%.
Oh, and bonds are soaring.
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Turned off the TV. Apparently this is the place for coverage tonight.
The BBC has never been so interesting,except when the olde Top Gear used to be on. Shame on Scotland for voting remain. They should return to prima nocta as punishment.
30yr futs up 1.75%
There is little liquidity. Only fools see opportunity trading each tick with every vote tally.
Wow if brexit wins. There is an insane amount of vix shorts that are going tobe run. Shit you might see vix 30 tommarrow.