After opening at its lowest level since August just a week ago, the VIX has now spiked to its highest point since February. There are a number of potentially market-moving events in the news this week. Here’s a look at what is driving market fear.
Brexit Vote
More than anything else, the market is concerned about the UK’s upcoming referendum vote to leave the European Union. The vote takes place next week, and if Britain voted for a Brexit, it could severely disrupt global trade and financial markets.
According to Bloomberg’s Brexit Likelihood Score, the chance that voters will choose to leave the EU is currently ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8109025/whats-going-on-with-the-vix alt=What's Going On With The VIX?>Full story available on Benzinga.com
More...