Update 12:15 PM - Turmoil...
Dow Futures are down 800 points from the post-close highs...
As Cable crashes to 30 year lows...
And Treasury yields crash to 2016 lows...
This is the 2nd biggest percentage drop in 10Y Yields ever...
Update 11:50 PM: And now comes the global market panic:
- S&P 500 FUTURES TUMBLE 4.5 PERCENT, DOWN 99 POINTS
- GOLD 1350
- TREASURIES EXTEND GAIN; 10-YEAR YIELD DROPS BELOW 1.50%, 12 BPS FROM ALL TIME LOW
- JAPAN'S 10-YEAR YIELD FALLS TO RECORD MINUS 0.215%
- CIRCUIT BREAKER KICKS IN FOR NIKKEI FUTURES, TRADING HALTED FOR 10 MINS FOR JAPAN STOCK FUTURES
- INDIA RBI SAID TO SELL DOLLARS TO CURB RUPEE'S DROP: TRADERS
- EUR/CHF EXTENDS DROP BELOW 1.0700, FIRST TIME SINCE AUG. 2015
* * *
Update 11:38 PM: According to ITV, it's all over: Leave has won the referendum.
ITV News says Leave to win the EU referendum #EURef https://t.co/yNt4vR2LRHpic.twitter.com/JzuzRo6Oeb— ITV News (@itvnews) June 24, 2016
And BBC and Sky both just called it too. And now, the crying begins.
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