24 Jun 2016
FTSE100 futures drop 6%
As per FTSE 100 futures, the UK’s mining heavy index is likely to open lower by 6%.
The risk aversion indicated by the futures is due to increased probability of ‘Brexit’. As per the latest report, ‘Leave’ vote is leading by 2.6%.
Brexit would be a shock as markets had positioned themselves for ‘Bremain’.