Moody's on Brexit - could dampen demand

Moody's comments on the Brexit vote and the likely fallout

• Brexit to have limited direct credit impact on Asia Pacific sovereigns
• Lower GDP growth in the UK could dampen demand for products from the rest of world
• Over the coming months, announcements related to Brexit could trigger financial market volatility

Thanks, Moody's.

(Headlines via Reuters)

And more:

• Pronounced flows into safe havens would be credit negative for Japan and to a lesser extent HK
• Sustained rise in the yen would lower Japan's GDP growth and inflation