What after Brexit? (Part 1)

Brexit is a fact, you could already read tons of analyticss about the future, as a rule, "gloomy". I see prospects for trade on the news, that the UK opened for us, and they are countless... For breakfast let's see if Brexit looks cooler than "Black Wednesday" 92-th...

Briefly about Brexit

Results of the referendum: "Leave" - 51.9%;

Cameron, the Prime Minister resigns in October, on its own initiative.

GBP/USD dropped to 10%.

London stock market fell 8%.

FTSE 100 fell more than 500 points.

The cost of shares of the largest British bank Barclays fell 30%.

Fitch and Moody's believe: the referendum results are negative for all sectors of the British economy.

There were interventions by the Swiss Bank to weaken the franc.

Post factum

Some Britons are concerned about the lack of a clear advantage for such a serious decision and a petition for a second referendum gained more than 2,900 mln. signatures:

This number of votes, according to the legislation, requires a response not only from the government but also from the parliament, as the thresholds of 10 thousand and 100 thousand signatures respectively were instantly overcome. An interesting fact is that the majority of MPs want to see Britain in the EU. The results are not be able to return, but to find loopholes that could significantly alleviate the process is quite possible.

On June 28 will be held an extraordinary EU summit regarding the results of the referendum.

Moody's lowered the credit rating of the UK from "stable" to "negative", while the level of Aa1 remained unchanged.

Who else can get out of the EU as well as the press says about the domino effect: the Netherlands, France, Finland - are the first candidates. We can remember about Spain, Italy, the list goes on. According to polls, held in Germany, 30% of the citizens also want a referendum.

Let me remind, that a similar referendum was held last year in Greece, the vote also confirmed Grexit, but the government has ignored this fact.

The ECB suggests the presence of "hundreds of millions of euros to cover the lack of liquidity." Yes, in general all the key banks are prepared to increase liquidity injections. In turn Lagarde (IMF) confirmed the ECB and the Bank of England's readiness to support the banking system.