FTSE Fights Back After Brexit Uncertainty

The FTSE 100 has bounced back following heavy losses amid growing concern about the EU referendum, as the chairman of the US Federal Reserve warned of the consequences of a Brexit vote. Federal Reserve Chair Janet Yellen said that the EU referendum was an important factor in the decision. Jasper Lawler, analyst at CMC Markets, described the day as a "bit of a Brexit breather" but added that the rebound was also "more a function of short-covering ahead of the Federal Reserve meeting than any