According to me all the jumps are really linked to the drop of the british pound there is no other mechanism to look for. this idea explains the sudden reaction. for the next months the exporters will certainly take advantage of the drop of the BP, but the exit of the the EU market will be, at medium term, a major difficulty for them.
Considering the current situation of UK and the next uncertain times, I've decided to avaoid UK market for a while, even though the jumped are numerous and "sexy".
According to me all the jumps are really linked to the drop of the british pound there is no other mechanism to look for. this idea explains the sudden reaction. for the next months the exporters will certainly take advantage of the drop of the BP, but the exit of the the EU market will be, at medium term, a major difficulty for them.
Considering the current situation of UK and the next uncertain times, I've decided to avaoid UK market for a while, even though the jumped are numerous and "sexy".
barra
Seems reasonable for me. If in a position before it jumps then at least it compensates for some of the drop in the currency - if that is relevant concern. Politics finally seems to be getting 'interesting' here! This will take a while to sort out.
