FX Market Chaos Signals Brexit Risk Surge Post-Belgium

Tuesday, March 22, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/22/2016

The markets’ various indicators of ‘Brexit Risk’ are all elevated this morning post-Belgium-attacks but most crucially, the cost of protection against pound currency swings over EU currency swings has jumped to the highest ever signalling the highest market-impled risk of Brexit so far. As Fed’s Lockhart warned yesterday, the contagious risk of Brexit will likely spread to the US economy – so this is not to be ignored.

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