Weighing the Equity and FX Impacts of a Brexit
European stocks advanced the most since February as a new poll showed an increase in the number of Britons that support staying in the European Union. The Stoxx Europe 600 Index jumped 2.8 percent to 335.02 at 9:24 a.m. in London, for a second consecutive gain. All major western-European markets climbed, with the U.K.’s benchmark FTSE 100 Index adding 2.2 percent, while sterling surged. The volume of Stoxx 600 shares changing hands was 64 percent higher than the 30-day average and a measure of euro-area volatility slid 7.7 percent. Bloomberg's Simon Kennedy reports and Sarasin & Partners CIO Guy Monson discusses with Bloomberg's Francine Lacqua on "The Pulse."