What impact does Brexit affect the currency and gold of various countries?

5 thoughts on “What impact does Brexit affect the currency and gold of various countries?”

  1. In Brexit, the demand for risk aversion of gold prices will heat up, which will strengthen the dollar. Monetary fluctuations have varying degrees of currency.

    : £ pound: short -term low.
    Euro: It will fall at the beginning and stabilize in 1.05.
    Georities: Driven by global risk aversion, the yen will become the target of grabbing.
    Swiss franc: It will rise at the beginning, because the referendum is the risk of Europe.
    Plash, New Yuan, and Australian dollar: The trade exposure to Britain is relatively small, and it remains stable in the first round of Brexit.
    RMB, rupee: The short -term depreciation.

  2. The influence of Brexit on currencies and gold in various countries is huge. Let's take a look at several sets of data:
    06-24 11:50/USD fell to 1.3321, down 10%within the day. The Nikkei 225 index fell to 8%, and the Hong Kong Hang Seng Index declined to 5%.
    06-24 11:55 Spot gold rose 7.8%, the largest increase since 2008. US Treasury bonds expanded, and the 10 -year Treasury yield fell below 1.50%. WTI crude oil fell more than 6%.
    06-24 13:36 ["Black Swan" comes to Brexit bloody to stir the global financial market] British pound: The maximum fluctuations in the day of the day have exceeded 1700 points, which once fell more than 10%to the lowest level since 1985; euro: The maximum fluctuations in the day exceeded 500 points, and once fell more than 4%, refreshing the new low since March 10 this year.
    06-24 13:46 The offshore RMB fell more than 600 points or 1%of the US dollar disk, to a new low of 6.6520 yuan for five and a half months.
    06-24 14:28 The trend of the currency market remittance implies that the European Central Bank will reduce the deposit interest rate of 10 basis points at the September meeting.
    ………………
    It data we can see that the referendum affects the nerves of the global market and has a huge impact on the stock market, the currency of various countries, and gold. In general, the Brexit should lead to the depreciation of the pound. Because there is an uncertainty about economic growth and politics related to Britain, the pound will be soft. The euro will be soft at first, and then the euro/USD may stabilize near 1.05, because the euro zone frequently accounts and lower global market risk preferences. The decline in the euro stops.
    The gold will definitely appreciate, because it will push the market risk avoidance emotions, and gold, as a kind of investment variety of risk aversion, will re -gain the favor of investors and support gold prices.

  3. Brexit, currencies and gold in various countries will affect.
    of course, the euro will depreciate. After all, it is missing, and it may cause the bone card effect. But if it can be handled, the euro will still be stable to a reasonable price.
    The pounds should also depreciate. After leaving the European unified market and reducing EU subsidies, there will be problems with the British economy, and the depreciation of the British pound is inevitable.
    MD may benefit the rise. After all, the euro and the pound have fallen, and the main position of the US dollar will be strengthened.
    It RMB and other general currencies will also be reduced in the short term, but in the end I believe that the yuan will rise.
    As for gold, because it can prevent risks, at this time, it will rise firmly.

  4. The impact of the success of the Brexit on gold:
    It golden liquidity, monetization and value preservation. In the case of large economic and financial risks, a large amount of hedging funds will pour into the gold market, which will promote the promotion Gold prices rose. The market expects that the Federal Reserve FOMC resolves in June will not move, and investors seek risk aversion when the price of global stock markets and commodities falls.
    The current Brexit 'Brexit' caused the market to increase the demand for gold, which has increased the rise of gold. In addition, the value of gold and the US dollar currency is anti -correlation. Non -agricultural data in the United States in May is far lower than expected.
    Muravity expectations in the United States will weaken, which means that the US dollar will not appreciate in the short term. This is also a great benefit to rising international gold prices. Under the role of these two favorable factors, the trend of gold prices is a high probability event.

  5. Brexit has become a foregone conclusion. As a member of the European Union's three -legged, let's count what his departure will have the impact on the currency and gold of various countries:

    1, the pound of pounds The Ministry of Finance of the United Kingdom has expected that two years after Brexit, British GDP (GDP) will decrease by 3.6%, the number of unemployed people will increase by 520,000, and the pound depreciates 12%. Brexit will also cause losses of 2600 pounds to £ 5,200 per year to each British family. Therefore, at least in the short term, Brexit is absolutely better than disadvantages for Britain.

    2, the euro will also be affected
    As the British leave, the three -legged stand becomes a seesaw, and the EU's influence on the international stage may be weakened.
    If calculations based on purchasing power, EU GDP accounts for global proportion of global to 14.6%; in global trade, according to the current price and exchange rate calculations, EU export share will be reduced from 33.9%to 30.3%.
    So the euro will also be affected and face the fate of decline.

    3, the US dollar strong
    The is obvious to the dollar. With the decline of the pound and the euro, the holder will definitely turn to invest in the US dollar, prompting the US dollar to rise further.

    4, the renminbi is depreciated with the euro
    The pounds fall, the euro depreciates, and the renminbi will be severely hit.

    5. Other countries are not ascending
    The Korean won in South Korea, Peso in the Philippines, and Linkt in Malaysia will also depreciate. On the contrary, the largest rally of Asian currency will appear.

    6, gold
    absolutely sang all the way, without explanation, just look at today's stock market.
    In the news of Brexit in the United Kingdom, the pound plummeted, risky assets rose, and the gold sector and precious metals rose. Multiple concept stocks such as gold, Shandong Gold and other concept stocks have been sealed.

Leave a Comment