International Firms Overwhelmingly Say Brexit Would Be Bad – Poll

A majority of international businesses from seven countries including Germany and China believe a British exit from the European Union would be bad for them and lead to a cut in investment, according to an Ipsos MORI poll on Friday.

In all, 78 percent of the 667 companies questioned said they believed the impact of a vote to leave the EU in a June 23 referendum would be negative, with only 5 percent thinking it would be positive for their business.

The rest said it would be neither positive nor negative or did not know.

Reuters

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.