How Should Investors Protect Against Brexit Volatility?
The pound fell toward an eight-week low as concern the U.K. will vote to leave the European Union sapped demand for the currency. The yen approached the strongest since October 2014 as investors sought safer assets. Sterling advanced against all its 16 major counterparts as four polls from three companies have put the “Leave” campaign ahead against “Remain” before the June 23 referendum. A gauge of the pound’s one-month volatility climbed to the highest since 2008. A measure of swings in Group-of-Seven currencies rose to a two-month high before central bank meetings in the U.S., Japan and U.K. this week. Henderson Global Investors Head of Global Equities discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."
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Deutsche Bank Says Economy Not Top Issue for Voters
53:46 - Stefan Schneider, chief German economist at Deutsche Bank, discusses the outcome of the German election, his outlook for the economy and how much risk he sees in the Brexit negotiation for German industry. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)