Stocks, Bond Yields, & Cable Tumble After ICM ‘Brexit’ Poll Swings Dramatically To "Leave"
By Tyler Durden
In May, ICM’s poll showed a 10-point lead for “remain” in the UK’s EU referendum. This morning, after rumors spread of a big “remain” poll, sending GBP higher, ICM just released the details of their latest poll showing a massive swing to 50% leave, 45% remain. Cable and S&P Futures are tumbling…
And bonds are ripping..
May ICM poll:
- Online Poll: 43% Remain, 47% Leave
- Phone Poll: 47% Remain, 39% Leave
And the latest from ICM:
- Online Poll: 44 remain, 49% Leave
- Phone Poll: 45% remain; 50% Leave
According to Twitter:
New ICM poll shows phone 50% vs 45% (5%) to leave, online 49% vs 44% (5%) to leave #Brexit $GBPUSD
— Christopher Vecchio (@CVecchioFX) June 13, 2016
So a swing in phone polls from -8 to +5 in a month! So much for Project Fear…
Source: Stocks, Bond Yields, & Cable Tumble After ICM ‘Brexit’ Poll Swings Dramatically To "Leave"
Posted June 13th, 2016 in Uncategorized.
