Pound To Stay 'Very Nervous' into Brexit Vote: Chaigneau
The pound dropped to a three-week low after polls showed more Britons favored quitting the European Union, reviving concern the June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc. Sterling fell against all of its developed-market peers after surveys showed a lead for the ‘Leave’ campaign. While the pound pared its slide in London trading, a gauge of anticipated swings against the dollar in the next month surged to a 7 1/2-year high. Societe Generale Global Rates & FX Strategy Head Vincent Chaigneau discusses the outlook for FX with Bloomberg's Francine Lacqua on "The Pulse."
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WPP CEO Says Brexit Uncertainty Is Difficult for Business
07:57 - Former Bank of England Governor Mervyn King and Sir Martin Sorrell, chief executive officer at WPP Plc, discuss the Brexit endgame and how U.K. businesses are being impacted by negotiations. They speak with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)