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According to the BBC report, the results of 382 counting areas were all announced, and the Brexit team won; the real-time Brexit support rate was 51.9%, and the European Union sent 48.1%, setting an unprecedented gap. Among them, 16,141,241 people were supported in Europe and 17,410,742 people were removed from Europe. 
The result of this referendum will make Britain the first country in history to withdraw from the EU. The UK Brexit referendum, the key constituency you need to focus on: 
First, the UK's Brexit financial market has gone crazy! Gold has soared 100 US dollars! The pound plunged 11% to a 31-year low! The yen's gains narrowed, just fell below 100. Both oil and oil oil plummeted nearly 6%. 
Both the onshore and offshore RMB plummeted. The funds swarmed into safe-haven assets, and the yield on US 10-year bonds plummeted by more than 30 basis points. 
Second, two gunshots, a heavy rain, the world changed the British Brexit referendum drama is very exciting, the market trend is also very exciting. 
On June 7, the foreign exchange headline (waihuitoutiao) issued a statement saying that instead of watching the Fed again, Europe is becoming strange, and traders have begun to panic.
As the Fed’s rate hike was unveiled, investors turned their focus to the increasingly near referee. From then on, investors began to pay attention to the risk of Brexit, the market risk sentiment plummeted, and safe-haven assets began to rise.
On June 14, the British Brexit sentiment reached its limit. The foreign exchange headline published an article saying, "Tighten the seat belt: the trial day is approaching the huge earthquake is coming, the world is busy with safe haven!"
The pound plunged and the volatility soared. The stock market also sensed that the chill was approaching. The Japanese GEM stock index plunged 9%. A shares also plummeted yesterday, and the GEM fell more than 6%. At the same time, as the risk aversion heats up, global bond yields generally hit low. Investors have flocked to the national debt market to seek safe haven because of concerns about the uncertainty brought about by the Brexit to global economic growth. The precious metals rose, and the yields of developed countries' government bonds continued to rise.
Until, a shot was heard.
On Thursday, 41-year-old British opposition Labour Party member Jo Cox was shot in West Yorkshire in the north of England and was seriously injured. After the incident, the Brexit and the European Unions suspended their respective publicity activities for the referendum next week.
The death of Jo Cox, a member of the European camp, will undoubtedly add to the changes in the Brexit referendum. The Brexit camp is blamed by the British public morality. Therefore, the market is expected to keep the voice of the British people staying in Europe or will be the first. The results of the polls were also - the expansion of the Brexit advantage, which led to a sharp rebound in the pound against the dollar from the low, and recorded an increase. 
The British sentiment in Europe continued to ferment, so that the casinos were already convinced that the UK would not leave the European Union. According to data from British online gaming company Ladbrokes on Tuesday, the odds of voting in Europe have fallen to 2/9, which means that gamblers believe that the probability of staying in Europe has reached 82%.
Another casino Betfair's odds of staying in Europe also fell to 1.28, which is equivalent to 78% of people's bet on staying in Europe. (Small editorial note: Betfair uses decimal odds, Ladbrokes uses fractional odds. Decimal odds = fractional odds +1)
Bloomberg quoted Ladbrokes spokesperson Jessica Bridge as saying: "In terms of current funding trends, the support rate for Brexit in the last few days is declining. The funds are talking, people are buying one-way tickets for 'Leaving Europe'."
Ladbrokes said late Monday that 95% of gamblers in the past 24 hours have bet that the UK will not leave the European Union.
Until, another shot was shot.
According to CNN earlier, at around 3 pm local time (about 20 pm Beijing time), a shooting incident occurred in a theater in the town of Viernheim near Heidelberg, Germany, killing 25 people. The gunmen have been killed by the police. After the news came out, the GBP/USD fell more than 100 points, falling from the 1.4880 line to around 1.4740. 
One of the reasons why the British people have called for withdrawal from the EU is to be dissatisfied with the EU's immigration policy, especially the large-scale acceptance of the Middle East refugee policy. Some terrorists mixed with refugees have launched terrorist attacks in Paris and Brussels, which has made the British people's concerns more and more obvious.
The shooting incident is likely to cause some people with a neutral position to become more sensitive to EU immigration policies, thus pushing these people to the Brexit camp.
A heavy rain helped.
The British Broadcasting Corporation (BBC) reported a yellow rainstorm warning in southern England, which is expected to last from Wednesday afternoon or evening local time to Thursday morning or morning. And then from Thursday afternoon to Thursday night, it is possible to continue to accompany the thunderstorm.
A yellow rainstorm warning in southern England is being fulfilled. At 3 o'clock in the morning of Greenwich, with lightning and thunder, London was pouring rain. 
Foreign exchange analysis site Forexlive analyst Adam Button has warned that according to the weather forecast, the British referendum may rain on the day, or may lead some "moderate" European voters to stay at home, and "radical" Brexit voters may still go out vote. Societe Generale analyst Albert Edwards also said that the two camps of the referendum are inconsistent, so the final decision factor is likely to be whether it rains on Thursday, because the rain will reduce the voter turnout rate of the Europeans.
3. What are the procedures in the UK after the referendum?
If the result of the British referendum is to leave, from the process point of view, the United Kingdom will soon trigger the provisions of Chapter 50 of the Lisbon Agreement, and propose to the European Union to open the Brexit process.
The UK will have two years to negotiate with the EU, and reaching an agreement requires the unanimous consent or majority consent of the member states, depending on the type of negotiation project. If the new agreement is not reached within two years, the UK will automatically lose the right to enter the EU “single marketâ€.
In other words, the extent to which the relationship between the UK and the EU can be achieved depends on the progress of the negotiations within two years, and there are still large variables during the two years. 
Simply put, the following process is shown in the figure: 
Fourth, retreat, the hard-to-eliminate pain in Europe
British Brexit and European fragmentation. The UK’s choice to leave the European Union is likely to accelerate the process of fragmentation in Europe. In fact, there are currently more than 10 regions within Europe that have independent tendencies, including Scotland in the UK, Catalonia in Spain, and Basque. 
Six months of damage, although some analysts believe that the destructive power of Brexit will be huge and far-reaching, but Morgan Stanley expects that the Brexit will "break" the market for up to six months, and European stocks will therefore fall by 15%. 
The impact on the renminbi will be more serious than the sterling decoupling mark in 1992. At that time, it was "German Mark Strong + British Pound Weak". The active decoupling was weak, so the emotional diffusion effect was limited. This time it was "British better + The rest of the EU is weaker. The initiative to leave the EU is a strong side. This will be the result of both losses. The current global economic downturn and risk appetite are fragile, and the spread of panic is more serious.
Sterling and the euro fell 20% to estimate that the rest of the variables remain unchanged, the US dollar index rose 13.9% to 107, according to the pricing formula of the two middle legs we have formed "medium price + CFETS", assuming that CFETS remains Change, the devaluation pressure is all borne by the middle price, the middle price theory needs to depreciate 5.05% to 6.91, but the central bank can share the pressure of the middle price through CFETS, the two legs support more stable, and the pressure resistance is stronger.
Based on the CFETS variation formula, we assume a series of sterling euro depreciation. If we do not consider the other factors, we can get the various stress test results as shown in the following table. 
5. Will the global central bank play the savior?
The UK chooses to leave the European Union. How will the world's major central banks “see the move�
ANZ Bank: This weekend is a good time for the Chinese central bank to lower the RRR
With the end of the Brexit referendum, the UK has settled in the EU, ANZ believes that this weekend will be a good time for the Chinese central bank to take the weak currency policy action; next Monday and July 5 are the major banks to submit deposits The days of the reserve, and the tax period is coming soon.
Bank of England: cut interest rates to 0%
The Bank of England may cut interest rates to 0% and launch a new round of quantitative easing, which may be in the summer and the last possible month in August. The monetary policy line after that will depend on changes in the financial market. President Carney has previously hinted that monetary policy can be used to lower the pound exchange rate in response to the market's "excessive" reaction.
ECB: Providing emergency liquidity
In the event of a Brexit result, the ECB may announce emergency liquidity measures, including currency swap agreements with other central banks. At the ECB resolution in July, the ECB is unlikely to announce new easing measures as the central bank needs time to assess the impact. If necessary, the ECB can choose to expand the scale of asset purchases or extend the time.
Federal Reserve: interest rate hike will be postponed
The main reason why the Fed’s recent attitude has softened significantly is obviously the weak non-agricultural data in May. If the future data is good, it is still possible to raise interest rates as planned. However, under the influence of the Brexit factor, the Fed will not ignore the negative impact of market volatility, so they are likely to choose to postpone the rate hike.
Bank of Japan: foreign exchange intervention outside the plan
The Bank of Japan chose not to move in June and retained the option of taking more measures in the future. In the face of the possible risk aversion of the Brexit and the rise of the yen, the Bank of Japan may be forced to implement “outside the expectations†of foreign exchange intervention.
Swiss National Bank: Massive sell-off of the Swiss franc
The Swiss National Bank may choose to cut interest rates further to -1% to -1.25% and aggressively sell the Swiss franc for foreign exchange intervention. The more violent big move is to remove the negative interest rate immunity of domestic bank deposits.
Swedish central bank: further loose
The chances of the Swedish central bank making a “violent†response are lower, as the bank is happy to see the depreciation of its currency. However, if the ECB takes more easing actions and the downward pressure on oil prices caused by risk aversion is significant, the Swedish central bank may choose to cut interest rates further in September.
Sixth, take off, look at the benefits?
Marc Faber, a well-known investor with the "Dr. Doom", said in an interview with CNBC: "I feel that Brexit will be a good global economic growth. It will stimulate other countries to leave the poorly organized EU. â€
Mai Jiahua believes that leaving the EU is an ideal practice for the United Kingdom. Compared with a large system, small countries such as Estonia, Latvia and Malta will become prosperous if they go abroad independently. Former British Prime Minister David Cameron warned that the Brexit will be "century gambling", Mai Jiahua countered that the United Kingdom will be willing to bear the risk of such gambling, the EU is an "extremely bureaucratic empire", the British will not retreat It’s a disaster. “The opposite is the best news in the history of the UK.â€
Mai Jiahua takes Switzerland as an example. Switzerland is not a member of the European Union and the European Economic Area, but it can operate a “single†market and can theoretically be independent of any organization. “Switzerland is much better than any other country in Europe. Maybe the UK can follow suit?†He believes that Brexit will not let the UK lose its export market, and the UK can enter into bilateral trade agreements with EU member states. If you are looking for a new export trading partner, European countries should look to Asia, especially China and India.
Immigration and finance
In all disputes, immigration control and fiscal spending may be the most important reason why the British people want to leave the European Union. On the one hand, the UK needs to pay the EU budget every year. Since the UK economy is ahead of the Eurozone, the UK's payment ranks third in the EU, second only to France and Germany. On the other hand, the British people are also worried about the impact of immigration on their lives. The IS violence last time has triggered an increase in the support rate for Brexit. But in fact, the UK has already enjoyed a certain degree of preferential treatment in these two aspects, enjoys discounts on the payment of the EU budget, and has stricter controls on immigration, which is an important aspect of the IMF and the British media. 
The Brexit is absolutely good for China and a rare opportunity for China:
1. The European Parliament refuses to recognize China's market economy status. If the UK withdraws from the EU, the UK will not have to comply with EU resolutions, will flexibly recognize China's market economy status, and will expand trade with China, which will benefit China and the UK. .
2. Once the UK retreats, the Western countries, the United States, Japan, Europe, and especially Europe will inject unprecedented liquidity into the market, which will extremely loose the currency and avoid a crisis.
3. China should seize the opportunity of this great easing in Western countries, take the opportunity to gradually recover liquidity, and land in advance, so that China's real estate and other bubbles will land smoothly, that is, since the subprime mortgage crisis, China can use these opportunities to get rid of the global crisis. Trouble with sequelae.
The depth of the Associated Press: two gunshots, a heavy rain, the world has changed!
Cailian News Agency on June 24: The British referendum results in leaving the EU, British Prime Minister David Cameron also announced his resignation, the situation in Europe is about to change dramatically.