Stocks, Bond Yields, & Cable Tumble After ICM ‘Brexit’ Poll Swings Dramatically To “Leave”

In May, ICM’s poll showed a 10-point lead for “remain” in the UK’s EU referendum. This morning, after rumors spread of a big “remain” poll, sending GBP higher, ICM just released the details of their latest poll showing a massive swing to 50% leave, 45% remain. Cable and S&P Futures are tumbling…

 

And bonds are ripping..

May ICM poll:

  • Online Poll: 43% Remain, 47% Leave
  • Phone Poll: 47% Remain, 39% Leave

And the latest from ICM:

  • Online Poll: 44 remain, 49% Leave
  • Phone Poll: 45% remain; 50% Leave

According to Twitter:

So a swing in phone polls from -8 to +5 in a month! So much for Project Fear…

via http://ift.tt/1XjBHME Tyler Durden

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