Wednesday, 29 June 2016

Europe sinks 4.1% on Brexit hangover; pound hits 31-year low; banks tank

European stocks tumbled by Monday's close, as the fallout from Britain's decision to leave the European Union (EU) continues, sending the pound to a 31-year low.
The pan-European STOXX 600 fell 4.1 percent provisionally by the close, with sharp losses seen in U.S. trade not helping to alleviate the pain. All European sectors posted solid losses, with banks, travel, and financial services all closing off 7.5 percent or more.

No comments:

Post a Comment

Featured post

Naruto yonnyboii salahku