Sterling is off sharply this morning as the forex week opens in NZ and Australia.
Tokyo, Singapore and Hong Kong are not in yet, so market liquidity is particularly thin.
The news from the weekend was UK Pm Cameron reaching a deal with Europe:
- UK's Cameron says leaving the EU would be a "leap in the dark" UK
- UK referendum on EU to be held 23 June 2016
- The EU-UK deal: Read all about it. Full details here.
- UK's Cameron gets a "unanimously agreed" deal from Europe - What now for the pound?
And, just in the past few hours we got news that popular UK politician Boris Johnson (Mayor of London) will campaign for Britain to exit the EU:
- Here's the 'Boris backs Brexit' news
GBP has tumbled heavily in early trading (I posted a chart here)
There is more on these UK politics and Boris here:
- Cameron Challenged by Johnson as London Mayor Backs 'Brexit' (Bloomberg )
- Boris Johnson says UK is better off outside the EU (BBC)
- Defying Cameron, London's mayor to campaign for British exit from EU (Reuters)
And, here is Boris himself writing on why he wants to leave Europe: There is only one way to get the change we want - vote to leave the EU
UK PM David Cameron lecturing Boris. Boris has extended a different finger now to Cameron.
