FTSE futures – No floor in sight

FTSE futures are down 8% at and it appears there is no floor in sight for the index.

Prospects of UK leaving the EU have rattled market nerves across the globe. FTSE futures are leading the drop, followed by Dax futures which are down 7.7%. Dow futures are down by 2.75%.

Meanwhile, traditional safe haven assets like Yen, Treasuries, CHF are on the rise.