Ipek Ozkardeskaya, Senior Market Analyst at London Capital Group said that the political uncertainties within UK are causing further sell-off in the British market.
On Thursday, along with RBI‘s repo rate cut, the Swiss National Bank unexpectedly scrapped its policy of capping the Swiss Franc against the Euro. Alvin T Tan, Currency Strategist at Societe Generale SA discusses the implications of the move on world economy.