UK’s referendum on 23 June on whether to stay in the UK or leave the EU.
Based on initial survey, the breakdown of voting based on age groups is shown below:
The above survey clearly show that the higher-age groups are in favour of BREXIT.
Based on the outcome of the survey, a simple analysis was made as follows:
Final Prediction – there is 48.1% probability that UK will remain with EU. Too close to call. If BREXIT does materialise – volatility will definitely spike coupled with flock of funds into safe haven assets such as USD and gold.
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