【 European Stock Closing 】 Is the massacre still ongoing? European stocks fell by approximately4%

The historic UK referendum continues to cast a shadow over global financial markets, with European stock markets falling sharply again in Monday trading.


[blockquote]
GermanyDAXindex6month27Day (Monday) closing down286.16Point, drop2.99%Report9271.00Point;


FTSE100Index closing down157.69Point, drop2.57%Report5981.00Point;


FranceCAC40Index closing down124.73Point, drop3.04%Report3982.00Points.Foreign exchange gold[/blockquote]

Pan European Stoke600Index decline4.1%, closing at308.75Point, create from2The lowest closing point since mid month. Previously, the index also experienced a significant decline in trading last Friday7%Created from2008year10The largest one-day decline since the bankruptcy of Lehman Brothers in May was due to British voters voting in a referendum to support the country's departure from the European Union.


The unexpected results of the referendum have also caused waves within the UK Parliament, plunging the country's two major political parties into a chaotic situation. British Prime Minister David Cameron（David Cameron）Last Friday morning local time, he announced that he would resign, while opposition Labour leader Jeremy Corbin（Jeremy Corbyn）Last weekend, a key member of the cabinet was expelled for plotting to launch a coup against Corbin. Last Sunday, other members of the party11A key member resigned in protest against Corbin's leadership.


The decision of the UK to leave the EU has further raised concerns about the future prospects of the EU. In other EU countries such as Denmark, Sweden, the Netherlands, and Italy, Eurosceptic parties are rising and calling for their own referendums, which means the EU may face greater uncertainty in the coming years.


Standard Bank Group of LondonSteven BarrowIt is believed that investors have found that the impact of Brexit on the future is unclear, and we are currently not fully aware of the magnitude of the volatility.


[Other markets]


The pound fell below the lowest level reached last Friday against the US dollar, and31For the first time since the beginning of the year, it has fallen below1.32At the critical juncture, there was a significant drop of over4%to1.3122, for1985year9The lowest since the beginning of the month.


The US dollar index surged, reaching its highest point in the day96.70, approaching the three and a half month high hit last Friday96.71. The US index has currently broken through200Daily moving average96.54Short term may further explore upwards97Gateway.


Affected by the sharp drop in the pound, non US currencies such as the euro and Australian dollar have fallen one after another, and the euro has hit its lowest intraday against the US dollar1.0970; The decline of the Australian dollar against the US dollar has reached1%; New Zealand dollars/The US dollar plummeted, hitting its lowest point in the day0.7045。
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