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Jun 24, 2016 11:30 AM
eBayFX Adjusts Portfolio Strategy Amid Brexit Market Volatility

eBayFX Adjusts Portfolio Strategy Amid Brexit Market Volatility

By Sophia Bennett · Published Jun 24, 2016
Global financial markets experienced sharp volatility on June 24, 2016, following the United Kingdom’s referendum decision to leave the European Union. Equity indices declined, currency markets fluctuated significantly, and investors moved rapidly toward traditional safe-haven assets such as gold and government bonds. In response, eBayFX implemented protective portfolio adjustments across its managed strategies, increasing allocations to precious metals and real asset holdings while reducing
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