Dow futures slip as markets fear ‘Brexit’

Dow futures are down more than 1% as referendum results so far show a fierce battle is on between ‘exit’ and ‘remain’ camp.

As per the latest reports, ‘remain’ is in a narrow lead and the tables can quickly turn in favor of ‘exit’.

At one point of time, ‘exit’ vote was leading by 10%. ‘Remain’ now leads by just under 1%. Dow futures currently trade 1.42% lower at 17,660 levels. S&P 500 futures are down 1.6%. S&P VIX futures have jumped 14%.

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The market is presently still behaving as if the Leave camp will win, judging by the massive falls seen in Cable off highs, following the Sunderland s
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Analysts at TD Securities predicts a REMAIN win (estimated range is 50.2% to 51.4% Remain).
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