Speaking to CNBC-TV18 Michael Every of Rabobank said the UK referendum is on a knife-edge and it is very difficult to predict. "The bookmakers have the best odds, now," he said. Sterling started out at 150 against US dollar and now it is 145. There have been risk-on, risk-of trades, he said.
"No one I know is taking any positions today. Liquidity is thin and volatility is high."
He expects different markets to fall 3-4 percent if a Brexit happens.For entire interview, watch accompanying video.
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