ian slattery brexit - cork - 30th june 2016
TRANSCRIPT
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EDUCATING
SUPPORTING
REPRESENTING
www.charteredaccountants.ie
‘The ramifications of Thursday’s Brexit
Leave vote on Ireland and on global
financial markets’
Ian Slattery
Zurich
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Agenda
• Review of short-term market effects
• Analysis of issues over the medium term
• How should investors and companies react?
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Returns 24 June – Selected Markets
Source: Bloomberg, Goldman Sachs Global Investment Research
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Friday 24 June
Performers on the Day
Source: Bloomberg
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World Equities in EUR Terms
Source: Bloomberg
03/06/2015 - 29/06/2016
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29/06/2015 - 29/06/2016
FTSE 100 in Local Terms
Source: Bloomberg
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VIX Index29/06/2015 - 29/06/2016
Source: Bloomberg
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02/01/2015 - 29/06/2016
10 year German Bund
Source: Bloomberg
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08/07/2011 - 29/06/2016
Spanish/German 10 year spreads
Source: Bloomberg
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30/06/2014 - 29/06/2016
ISEQ Index
Source: Bloomberg
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Exports of goods and services to UK, % GDP
Source: Thomson Reuters Datastream, Credit Suisse
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Punt/GBP
Source: Bloomberg
31/07/1996 - 29/06/2016
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European Election Timetable
Source: Credit Suisse, Zurich
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Percentage of companies with dividend yield>corporate bond yield
Europe 600 Index
Source: Factset, Datastream, Goldman Sachs Global Investment Research
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Indicative Top-Down Investment Process
Source: Zurich
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