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    Forex News from New Forex: Stock markets in the expectation of the referendum in the UK

    On Thursday, June 23, Asian markets trade in mixed ways. Japanese shares increase, investors prefer to cover short positions. The Nikkei advanced 1.1% to 16,238.35, a 10-day high. The Topix gained 1.1% to 1,298.71.

    Chinese markets showed negative dynamics today but without dramatic losses, investors are in the anticipation of the referendum results in the UK. The CSI300 slid 0.5%, the Shanghai Composite shed 0.5% to 2,891.96. Market participants worry not only about the possible Brexit but also about the economic slowdown in China.

    On Thursday European markets opened in the green zone, main indexes demonstrate gains. The pan-European index STOXX 600 picked up 0.27%. The UK’s FTSE climbed 0.53%, the German DAX jumped 0.61%, the French CAC 40 rose 0.52%.

    In spite of the last opinion polls, global markets hope for the Bremain. Polling stations opened in the UK at 7:00 local time and will be closed at 22:00. Presumably the referendum outcome will be announced by early afternoon tomorrow.

    NewForex Analyst

    Sara Rosenstein


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