*****DANGEROUS MARKET VOLATILITY ALERT*****
Will the BREXIT cause MASS MARKET MAYHEM?
Concerns are rising over the Brexit even though CNBC and other U.S. media networks are trying to calm investors fears. Here is an example of a letter below put out by TD Ameritrade in regards to the FOREX and FUTURES markets:
It is being reported that trading firms are warning clients of market volatility and are increasing margin requirements for FUTURES and FOREX markets along with general warnings of increased volatility through this Brexit vote:
On Thursday, June 23,
the United Kingdom will vote on a referendum concerning whether Britain
will remain in the European Union (the Brexit). Polls will open at 2 a.m. ET and close at 5 p.m. ET on June 23. There is no official exit poll. The final result is expected at approximately 1 a.m. ET on Friday, June 24.
So we definitely have concerns with this current market situation and The NEWS UNIT will be monitoring the situation and posting additional information here as the Brexit situation develops. Already the FOREX MARKETS are spiking one way or the other with the currency pairs. It seems much of the market is all over the place and it is very difficult to discern exactly what is happening. But you can be certain all the insiders along with the central banks have everything under complete control to maintain price stability through these uncertain times:
