Overnight

Why would anyone expect anything different than it is overnight  given the expected close vote by nearly all who've been watching the Brexit drama unfold. Trading in Asia on Thursday opened mixed as investors play things close to their vests. The U.S market traded off, no surprise there.

The Nikkei was up slightly. 0.24%, while the Korean Kospt was down by 0.39%. In China the two Composites split the difference with the Shenghai market off 0.26% and the Shenzhen flat. materials helped edged the Australian ASX 200 up ever so slightly at 0.02%. The Dow shed nearly 50 points, closing at 17,780.83. Similar moves prevailed in the S&P 500 and the Nasdaq in what could in part be called the Brexit hangover.

Oil fell overnight while the UK pound moved higher to 1.48 up from 1.40 just last week, another sign that investors think Brexit stay will prevail as people shun at the last second the uncertain for the known however uncomfortable it might be. Gold fell to $1,260.36 after recently breaching the 1,300 level.