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Asian and European shares tumble over Brexit fears

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Asian and European shares tumble over Brexit fears

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Fears that Britain looks set to leave the European Union has sent jitters through the financial Markets.

Asian and European shares fell sharply and the pound hit an eight-week low.

The latest opinion polls show the ‘Leave’ camp with a ten point lead.

The potential economic difficulties surrounding Brexit have been mostly a background issue.

However, Monday saw the Asian markets post the biggest drop in four months.

The pound has been sliding against other major currencies as worries about a possible Brexit take hold.

Sterling hit a two-month low against the US dollar in early trading.

Analysts believe a possible Brexit is adding to global economic insecurity on top of weak job figures announced last week.

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