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IMF revives recession warning for UK economy

  Bloomberg The IMF weighed in once more with its thoughts on Britain’s referendum, warning the U.K. could slide into a recession if it quits the EU. In a 64-page document, the Washington-based fund said that the size of the hit would depend on a multitude of factors, though its overall assessment is that the U.K. “would likely be worse ...

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Brexit or Bremain, Pound is set for big swings as vote looms

  Bloomberg It’s almost upon us: the week when Britain takes the historic decision of whether to remain in the EU. And whatever the polls say in the days to come — and regardless of the result on June 24 — the pound is set for a wild ride. One-week anticipated volatility surged to the highest on record, posting the ...

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German bond rally set to resume with UK referendum approaching

  Bloomberg The surge in demand for sovereign debt that drove yields on German government bonds to record lows this week is poised to resume before the U.K. referendum on EU membership on June 23. While yields on the Germany’s 10-year bunds halted a three-week decline on Friday, they dropped below zero on June 14 for the first time on ...

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