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Scottish Referendum - The Key Markets You Need To Be Aware of

SCOTTISH REFERENDUM THE KEY MARKETS YOU NEED TO BE AWARE OF GBP/USD FTSE 100 RBS STANDARD LIFE ST LIFE RBS 90% LONG GBP/USD FTSE 100 60% SHORT 56% LONG 78% LONG IG dat soct va IG lant scoont ven IG clant scoo M at 1220 15/9/14 Il clant count uw ist 12.30. 210214 Soume: IG.com Standard Life has been one of the Fears about complications regarding Scottish companies in the index shared currency and the division of have been hit by worries over a The bank has already announced its s headquarters south, but will more jobs be decision to move most vocal companies the possible 'Yes' vote, while the uncertainty over political the national debt have caused referendum. It has threatened to investors to sell the pound and seek safety in the US dollar. relocated as well? leave in the event of a 'Yes' vote due ramifications has seen investors turn to concerns of its assets losing value. cautious over the outlook for UK companies in general. FACTS AND FIGURES Scotland has been 8.3% Scottish share of 400,000 People living in 49% of voters say 800,000 Scots living in the rest of the UK not eligible 307 years that part of the United Kingdom population in the UK. Scotland who were born economic issues are most elsewhere but are eligible likely to affect their decision on the referendum. since the 1707 Act of Union. to vote. to vote. 18 months Handover period in case of a Yes' vote, to untangle the affairs of both countries and find answers to 18 September 2014 Scotland will vote in a referendum on whether it should become an UK tax revenue (including independent country. 42 billion Barrels of North Sea oil produced since 1964. Oil and gas pressing questions surrounding production is a key factor in pro-independence arguments. 9.1% Scottish contribution to North Sea oil revenue) currency and North Sea oil. As polling day draws eloser and the gap between 'Yes' and 'No' voters is decreasing, financial markets will react especially sensitively to each new piece of news that could sway the vote either way. For further information on the impact of the Scottish referendum on the financial markets and which positions IG clients are taking, visit http://www.ig.com/sg/scottish-referendum IG provides an execution-only service in Singapore through IG Asia Pte Ltd (Co. Reg. No. 20051002K). CFDS are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial investment, so please ensure that you fully understand the risks involved by reading our Risk Disclosure Statement available from our website. This article is not an investment advice, recommendation, offer or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of the information. The information is intended for general circulation and is not customized for any specific person who views it. Consequently any person acting on it does so entirely at his or her own risk.

Scottish Referendum - The Key Markets You Need To Be Aware of

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As polling day draws closer and the gap between ‘Yes’ and ‘No’ voters is decreasing, financial markets will react especially sensitively to each new piece of news that could sway the vote eith...

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Economy
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