How Britain’s Breakup With the E.U. Could Reshape World Markets

nigelmarkdiasnigelmarkdias Posts: 1,323 Silver ✭✭✭✭
edited June 2016 in About Gold
“As of now, this doesn’t look like an end-of-the-world event,” said Ian Shepherdson, chief economist at Pantheon Macroeconomics, an independent research organization. “It looks bad, but it’s not a cataclysmic game-changer similar to Lehman.” Then he paused. “Yet.”

JPMorgan Chase & Co. said its currency-trading volumes reached a record Thursday night into Friday. The world’s biggest fixed-income trading firm expected to process three times normal daily volume on Friday, CEO Jamie Dimon said in a memo to staff.

Perhaps no company embodies the European project more than Airbus, a politically driven consortium that allowed Europe to remain a player in the aircraft industry after smaller national manufacturers could no longer compete. Airbus produces wings in Broughton and employs 15,000 people in Britain plus tens of thousands more at suppliers.

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