NEW YORK Investors swapped equities for less risky assets such as U.S. Treasury bonds and the Japanese yen on Friday on fears about the potential impact of Britain's referendum on whether it should leave the European Union, which takes place in less than two weeks.
An index of world equity markets was on pace for its worst session in more than 4 months after having snapped a five-day winning streak on Thursday, while oil prices slid and were off 2016 highs hit this week due to a stronger dollar.
Also read: Brexit Bulletin: A Clean Break
08:15 UK premier to signal EU clean break: no 'partial membership'11
12:23 Sterling volatile as market speculates on ‘hard Brexit’; investors await May's speech15
01:03 Sterling slides to three-month lows on 'hard Brexit' fears13
22:15 Sterling skids on Brexit anxiety; investors hope for Donald Trump clarity15