Brexit and comments from Japanese and American central banks were certainly the most discussed economic topics among our team this week and those that had the most impact on all asset classes. Market sentiment went from worried, following the release of a poll showing the “Leave European Union” in advance, to panicked, after the sad news of a deadly attack on the British pro-EU lawmaker Jo Cox on Thursday.
Actions and comments from central banks did not reassure investors. All week long, volatility was high across the board and should remain high until June 23, date of the United Kingdom referendum.