Market Review and Trends
How can Brexit affect us?
By Some Ideas on Investing in Singapore  •  June 19, 2016
Recently there's been quite a lot of talk about Brexit in the financial markets and its impact on the markets. So, what really is Brexit and what is its impact on us here in Singapore?

(Image source: http://www.publicdomainpictures.net/, Petr Kratochvil)

What is Brexit? Brexit refers to Britain leaving the European Union (EU). There's a referendum scheduled this Thursday being held on whether the British should remain in the EU, but before leaving the EU, they would need to give at least 2 years notice of their intention to leave (unless a shorter period is negotiated), so a Brexit before 2018 is unlikely. And while the results of the referendum are not legally binding, going against the clear intention of voters is probably not the best option in a democratic country. How would this affect us? One thought is probably that this is a British-European affair so it's impact on us ......
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By Some Ideas on Investing in Singapore
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