- There's still less than half the vote counted, but Brexit has opened up more than a 300K vote lead, with 51.3% of the tally. Based on the districts that have been counted, models say Bremain should be leading, and ITV is on the tape saying Brexit has a 75% chance of winning.
- Both FTSE (NYSEARCA:EWU) and Dax (NYSEARCA:EWG) futures are now down more than 6.5%, and U.S. stock index futures (NYSEARCA:SPY) are down 2.5%.
- The pound (NYSEARCA:FXB) is on track for a bigger fall than the day Soros broke the Bank of England. It's down 5.7% to $1.4036 (at one point it fell to a $1.39 handle).
- Asian markets are now sharply lower as well, with the Nikkei (NYSEARCA:EWJ) off 3.1% and the Hang Seng (NYSEARCA:EWH) 2.1%. Shanghai (NYSEARCA:FXI) is lower by just 0.35%.
- The 10-year U.S. Treasury yield is now down a whopping 18 basis points to 1.56%.