British Prime Minister David Cameron, who supports the “Remain” camp, said on Sunday that “If we vote to come out, we are putting ourselves deliberately in a less good economic position in our absolute key market”.
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The HuffPost Polls average shows that the gap between Leave and Remain has been narrowing in recent weeks.
It should be noted that among the entire general public the picture is more balanced with 33% supporting Remain, 35% supporting Leave and 32% undecided or planning not to vote. “If Britain were to vote out, all signs suggest a massive and immediate drop in the pound – in all likelihood sinking to its lowest point of the 21st century”, he said.
This swing towards Leave since our last poll in late May might be due to a genuine change in opinion among voters but it could also be due to random error. On Monday, the Guardian/ICM poll said Leave had a six point advantage, 53% to 47% once “don’t knows” were excluded.
Federal Reserve Policymakers Unlikely to Alter Policy ahead of EU Referendum VoteAn increase to interest rates Stateside is considered unlikely for this side of the Brexit vote, but that hasn’t stopped U.S. market participants fretting about the tone of the rhetoric contained in Fed Chief Janet Yellen’s accompanying statement.
Sterling fell more than 1 percent to a 10-week low against the dollar on Thursday, after polls showed more Britons will vote to leave the European Union than stay next week and the Bank of England warned the pound may fall sharply in response.
Furthermore, while this poll presents a substantial lead for “Leave” over “Remain” among those voters that have now made up their minds, the proportion selecting “Leave” is still a minority of all voters. “Brexit is likely to put real pressure on sterling”. 11 per cent of people do not know how they will vote and 4 per cent plan to abstain.
Connor Campbell, a financial analyst at Spreadex, said the falls “reflect the stranglehold that the European Union referendum has started to have on the markets”.
What’s new about the ICM poll is that both phone and online surveys appear to be reporting similar results.
Labour MPs and canvassers say Leave is ahead among the party’s supporters in many English constituencies outside London, often by a significant margin.
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French number one telecoms operator Orange is open to merger moves in Europe with the aim to become one of the two biggest regional companies in the sector, Chief Executive Officer Stephane Richard said on Tuesday.
