The IMF, which is expected to cut its global growth forecast in a mid-July update, is already factoring the Brexit vote into its analysis. The dollar appears to have become more sensitive to global economic conditions, and its rapid rise since 2014 has curbed U.S. exports and upended the Fed's inflation outlook. With past overseas events of similar importance, such as the euro zone debt crisis, it has taken the Fed months to get clarity. If the past is any indication, uncertainty surrounding Brexit could fog the lens for months to come. "I doubt there will be a moment where people say, okay, Brexit is done."

Source: Thanhnien News July 07, 2016 04:52 UTC