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Standard & Poor's comments on the Brexit vote

Standard & Poor's ratings agency stated today that the Brexit vote did not influence that much the British economy, at least in the short-term, but the uncertainty may resume in the long-run.

Standard & Poor's focuses on business investment

The nation has been strongly influenced in terms of business investment, with the future being unknown on how the investors will react.

According to S&P Global Ratings economist, Sophie Tahiri, despite the encouraging news, the long-term outlook is still cloudy.

Moreover, Britain's consumers have digested the Brexit considerably well. The June 23 referendum decision though caused a slump in business for July, while after having bounced positively in August.

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Monday, 12 Sep, 2016 / 12:14

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/standard-poor-s-comments-on-the-brexit-vote

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