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Wednesday, June 22, 2016

Brexit Vote and Chart Damage Apply Pressure - robliberal@gmail.com - Gmail

Brexit Vote and Chart Damage Apply Pressure - robliberal@gmail.com - Gmail: Grain markets�are mixed on short covering from the recent selloff. Outside markets remain choppy while waiting for Britain's vote results.

Weather markets�are providing fuel for the volatility in grain futures. However, outside market influences are having a major impact on money flow into or out of commodity investing.

Britain's vote�on whether to stay or leave the European Union will happen tomorrow. We are expected to get the results late Thursday night due to the time difference. The results will likely have a significant impact on England's economy if they decide to leave the EU. Markets around the world will be impacted as trader's mindset will be dealing with uncertainty if the vote is to leave. Current polls suggest they remain with EU but the vote is too close to call.