The Brexit scares mercatiNuovo collapse for Bags – BBC

After the Black Friday 10 June, began a new day of passion for equity markets. The closer the referendum of June 23, by which the British public will have to decide whether to stay or leave the European Union, plus the assumption of Brexit (the exit from the EU) is scary. Brexit fears are added to the uncertainties regarding the monetary policy decisions of the Fed, the US central bank. Thus, the new week began with the collapse of Asian stock exchanges (Tokyo -3.5%, -3.21% Shanghai, Shenzhen -4.7%) and in the wake of the fall of European stock exchanges that have opened this morning decided in downward – Milan -1.57%, -1.22% Paris, Frankfurt – 1.21%, London -0.61%. In Milan the store focus on banking stocks, MPS (-3.08%), Carige (-2.46%), Ubi (-2.81%), Unicredit (-2.35%) … They go down the 3.51% of titles Cairo Communication, the company that Urbano Cairo has promoted a public exchange offer on RCS (the company that publishes Corriere della Sera) that starts today. June 20 part, however, the takeover offer launched by Andrea Bonomi and four historical partners RCS. Friday the Board of Directors of RCS has rejected the proposal of Cairo judging it “not positive” and “no reasonable the consideration offered to the shareholders. The RCS board you will have to express Bonomi on the proposal by June 17.

The Brexit fears are also being felt on euro / sterling and gold that year to date have increased of 20%. In a speech yesterday at the BBC British Prime Minister David Cameron he said that in case of Brexit Britain would lose a decade in terms of growth, investment and social spending. According to Minister of Economic Development Carlo Calenda, who spoke this morning at Mix 24, Brexit “would create great instability in financial markets.” Calenda said he agreed with the statements of Prime Minister Matteo Renzi, especially the fact that the exit of Britain from the EU would be “a disaster for the British than for Europeans.”

A worry investors are, however, also fears the progress of the global economy and on the choices the Fed and the Bank of Japan who gather in Week. According to the US Fed’s forecasts should leave rates unchanged, but is waiting to tell you what the President Janet Yellen in a press conference Wednesday, June 15.