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Asian and European shares tumble over Brexit fears

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By Euronews
Asian and European shares tumble over Brexit fears

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.