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Group Assignment Cover Sheet
Title of Assignment
Financial Risk Management Dr. Nguyen Thi Thuy Linh The Effects of Brexit on Global an !ietnamese Financial Markets
Class
BB"#$.%
Group Number
&
Subject Name Lecturer’s Name
Student Number and Name
Contact Number or Email
Length Due Date Date Submitted
%. Nguyen 'oang &nh ( )%%)%*+)*,)%%)%*+)*,+. Nguyen 'ua Thanh Le ( )%%)%*+% )%%)%*+%%+ %+ ). Doan Thanh Thanh Long ( )%%)%*++/-) )%%)%*++/-) $. Nguyen Ngoc Linh Dan ( )%%)%*+++))%%)%*+++)/. 0han !an !an Tien 'uu ( )%%)%*+%-+) !ictor.engtalk1gmail.com – 0121 288 3731
%,$- 2ors &ugust +3 th4 +*% &ugust +3 th4 +*%-
Declaration
5 hol a co6y of this assignment if the original is lost or amage. 5 hereby certify that no 6art of this assignment or 6rouct has been co6ie from any other stuent7s 2ork or from any other source exce6t 2here ue ackno2legement is mae in the assignment. No 6art of the assignment86rouct has been 2ritten86rouce for me by any other 6erson exce6t 2here collaboration has been authori9e by the su b:ect lecturer8tutor concerne. 5 am a2are that this 2ork may be re6rouce an submitte to 6lagiarism etection soft2are 6rograms for the 6ur6ose of etecting 6ossible 6lagiarism (which may retain a copy on its database for future plagiarism checking)
Signature : ………………………………………………………………………. Note An e!aminer or lecturer"tutor has the right not to mar# this assignment if the above declaration has not been signed$ %ar# Comments
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The Effects of Brexit on Global an !ietnamese Financial Markets Grou6 & Nguyen 'oang &nh Nguyen 'ua Thanh Le Nguyen Ngoc Linh Dan Doan Thanh Long 0han !an Tien 'uu Financial Risk Management +/ &ugust +*%Dr. Nguyen Thi Thuy Linh
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E!ecutive Summar&
The 6ro6ose referenum of the "; on 2hether Englan shoul lea
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'ntroduction
Englan chose to lea
une in +*%-. This occurrence results in massi
The immediate risks The result of the referenum brings about immeiate conse?uences. . The
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&ccoring to
Figure 1: Value of sterling against US dollar since 1971
!alue
of sterling against "# ollar since4 the 6oun has colla6se to its lo2est leong ( managing irector of "FC.com sai that This is sim6ly un6receente4 the 6oun has fallen off a cliff an the FT#E is no2 follo2ing suit4. &t the en of +$ th >une +*%-4 The FT#E %**s initial slum6 2as its biggest one(ay fall since the colla6se of Lehman Brothers in Actober +**,.
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Figure 2: FTSE 100 fall as trading opens after Leave vote.
0ro6ose referenum on "nite ;ingom membershi6 of the Euro6ean "nion 2ill make the "; lose a stable market of /** million 6eo6le in the E"4 leaing to a loss of -= General Domestic 0rouct @GD0 in +*+*4 by more than half of "; ex6orts is estinations are the E" countries4 contributions from $= to /= of GD0 @Bne2s.
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Before the occurrence of Brexit e
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Share in EU inward FDI (%), 2000-2014 -emaining .U/28; 15% *u+em,(urg; 3% UK; 22% S)e"en; 4% '(lan"; 4% Germany; 12% &aly; 5% $rane; 7% Belgium; 10% Ne!erlan"#; 9% Spain; 9%
#ources "NHT&D an Hiti Research Figure : Share in EU in!ard "#$ (%, &'''&')*
Next4 base on ata from AN#4 The 0ink Book4 +*%$4 im6orts from countries 2ithin the E" is ++%.$ billion4 o
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Figure !: US"# +B exchan-e rate ariation oer /' da0s
5n terms of other markets4 2e are consiering the t2o largest ones "# an Hhina. For "#4 accoring to Tim #mith @+*%-4 since the British 6oun7s 2eakness 2oul affect the Euro4 the &merican com6anies an in
The effects on (ietnamese financial mar#ets Direct impacts of )re!it on (ietnam
Ihen "; lea
registere in
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sector an 6rocessing technology. 5f Britain left the E"4 economic gro2th in Britain fell4 accom6anie by reuce sa
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5n the long run4 the British 6oun ecrease in
Brexit 2oul haune - th4 omestic gol 6rice increase sur6risingly an reache the 6rice of )/./ to
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)/. million !ND 6er ounce4 2hich is %. million !ND higher than the initial 6rice before Brexit7s final result. This 6rice is also the highest 6rice recore since &ugust +*%/.
Global economic outlook 2ill be bleaker after the results of the referenum in the ";. Iith global gro2th 6ros6ects reuce4 gro2th in emerging economies in &sia4 incluing !ietnam 2ill 6robably go lo2er in the coming months. 'o2e
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negati
To sum u64 Brexit has sho2n se
*eference
Bne2s.une +$. 1h2n- h3 4u5 tr67c m8t c9a i3c nh r;i EU . Retrieune +$. ound pE?$T: the impact on the U@ and the EU. Global Hounsel. Mai4 N. @+*%-. Brexit s tOc PQng th nSo ti kinh t !iUt Nam. !&RD&;A"L5 A. @+*%-4 >une +$. Brexit: the immediate risks. Retrie
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Luong !an ;hoi @+*%-4 >une Brexit s Vnh hWXng ti !iUt Nam thYng ?ua cOc kZnh thW[ng m\i une Brexit s tOc PQng th nSo ti kinh t !iUt Nam htt688baoautu.une . Brexit Vnh hWXng t^ giO4 ch_ng khoOn !iUt Nam Retrie
