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5. Futures Economic Reports for Friday June 24, 2016
Hello Traders,
Much has been written about the vote in the UK to exit or stay with the European Union, “BREXIT”.
The voting begins at 7AM (UK) and closes at 10PM (UK) on Thursday June 23.
We expect this to create some extreme volatility in many markets for the next few days and encourage all of you to be aware and use conservative approach rather than aggressive approach.
A quick article/outlook with chart I wrote for Equities.com
https://www.equities.com/news/the-million-dollar-question-the-british-pound-and-brexit
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Time (U.S. Pacific Time in parenthesis)
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Event
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Thurs. 7:00 A.M. (11 P.M.Wed.)
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Polling stations open
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Thurs. 10:00 P.M. (2 P.M.)
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Polling stations close, no exit polls
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Thurs. around 11:30 P.M. (3:30 P.M.)
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First announcements on voter turnout
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Fri. 12:30 A.M. (Thurs. 4:30 P.M.)
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Results expected for first counting areas
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Fri. 3-4:00 A.M. (Thurs. 7-8:00 P.M.)
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Results from half of the counting areas are in
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Fri. around 5:00 A.M. (Thurs. 9:00 P.M.)
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About 80% of counting areas have reported results
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Fri. 7 A.M. (Thurs. 11:00 P.M.)
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All votes are likely to have been counted and the official result is expected shortly after.
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Feel free to call us at 800-454-9572 with any questions.
