Many have speculated that Cameron could go if the campaign to leave is successful.
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She writes: “The union that was born out of a collective desire never to see another war in Europe is depicted as an Orwellian monolith, Big Brotheresque in its desire for control”.
“Are we better acting like we want to play our part in the world and be worldly citizens, or do we want to send a signal to the world that says, actually, we’re kind of pulling the drawbridge up here?” “The ending of this story, whether happy or not, will be written by us”. A vote on the referendum is planned for Thursday. Benchmarks in Taiwan, New Zealand and Southeast Asia also gained.
“There are more signals of dissatisfaction with the Union coming from all of Europe, not only from the United Kingdom”, said Tusk.
Investors have anxious that a Brexit could cause a recession in Britain and could lead to even slower growth in other parts of Europe, Canally said.
More than 3,000 German firms have operations in Britain, he said.
Page said the weather, which has been rainy and unsettled for days, could also be a factor in keeping people home. I don’t think there will be a recession as a result of a vote to leave.
The British pound and European stocks rose sharply as investors hoped that a British vote this Thursday to remain in the EU would avoid a blow to the European economy.
The local dollar rose to 71.17 U.S. cents at 5pm in Wellington, the highest in more than a week, from 70.50 cents at the end of last week.
Campaigning in Britain is in its final phase ahead of Thursday’s referendum on European Union membership as polls show the “Remain” camp gaining, a possible indication of how the murder of anti-Brexit lawmaker Jo Cox by a suspected right-wing extremist may be tipping the balance in favor of keeping the status quo.
“The pause in the campaign seems to have lent crucial support to team Remain”, said Kathleen Brooks, research director at Gain Capital.
European stocks soared, with the pan-European STOXX 600 closing up 3.7 percent and the FTSE 1000 index rising 3 percent.
Opinion polls last week suggested the “Out” campaign had made headway in a debate that has polarised Britain.
Bookmakers’ odds have shown those wishing to stay in the European Union ahead, and Betfair put the implied probability of a vote to “Remain” at 72 per cent yesterday, up from 60-67 per cent on Friday.
However, a majority of young adults asked, 52 per cent said they probably would not or are definitely not going to vote.
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“This was the first time that we’ve seen a poll that was conducted over the period after (Cox) was tragically killed”, said Scott Smith, senior corporate FX trader and market analyst at Cambridge Global Payments in Toronto.
