BREXIT - some stats, what has changed, and a logical hedge

Wentworth Securities

Sell in May and go away just needed a catalyst! It arrived yesterday, with fears of BREXIT (poll 23 June).The FT "poll of polls" tracker has "leave" in front for the first time for several months 47% v 45%. Not so convinced are the betting websites, which still have "stay" as favorite ($1.55 stay vs $2.35 - leave from AUS websites). The momentum is with "leave", for now - BREXIT now 39.9% probability up from 22.2% at end May. The most direct hedge would be the Sterling, and bonds continue to rally. Full note (VIEW LINK)

Wentworth Securities

Wentworth was formed in early 2012 with the goal of providing clients with a client-focused, holistic and transparent approach to investing. We focus on macroeconomic drivers as the primary source of performance. We deliver tailored, actively...


AUDGBP brexit


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