New Poll Eases Brexit Fears But Vote Still Very Tight

New polls showing that the "remain" camp is leading in the British vote to leave the European Union have fuelled a rally in the UK stock market, the British pound, and in markets around the world. A Survation telephone poll showed a 3 point lead for those who wished to stay, 45% to 42%. This poll was taken last Friday and Saturday in the immediate aftermath of the assassination of Labour MP Jo Cox, who supported staying.  Other polls taken days before that murder showed the race to be neck-and-neck with some showing a slight lead for "leave". The Survation poll could indicate a significant number of undecideds right now as only 87% apparently gave a definitive response. The "remain" side has always counted on those late deciders to opt against such a radical change.

Despite the relief of the markets, this vote still remains incredibly tight and turnout could be the deciding factor. In addition, it is very hard to know just how much Jo Cox's murder effected the Survation poll and how much it will still be effecting voters when they enter polling stations on Thursday.