Carnage came to global markets as results of an historic referendum showed Britain had voted to leave the European Union, sending sterling on a record plunge and pummelling equities across the world. Sonia Legg reports
Connie tone global markets of late by Britain to lead the EU has sent stemming on a record plunge and hit equities around the world. Billions will wiped off the funny it says that's gutsy futures fell 7%. Japan's Nikkei almost 8%. The British pound slid 10% easily the biggest fall in living memory while the curiously 3% as investors paid for its very future. This will be priced. The markets and anywhere tool. And and the full today are describing the possibility of bricks and as resulting in what I described as a global a global vomit. Or might have is a time when I took my somewhat content a couple of weeks ago and twisting winding roads and used to sick all over the car and that's exactly what's happening. This morning people just being sick all over the financial markets remember this that you could clear that stuff up but the smell lingers. Nearly complete results at 51 point 8% in favor at the splits that's in the UK on an uncertain half. It was the biggest setback to European efforts to forge great team unity since World War II. It was a shock to central banks Menino who we can't to US rate rise this year I'm expecting more monetary easing. The good it to Google the stability of the foreign exchange markets is of utmost importance to global growth that currently. They're extremely nervous panache not continue for two don't. We're monitoring the market very carefully and if need be we'll take action. Commodities also swung IOS that breaks it is seen as a major threat to global growth. Even screech at three dollars to just at the 471. Analyst calling it Europe's Lehman Brothers moment.