Steen Jakobsen, chief economist at Saxo Bank, explains how he sees the state of global equity markets following the effects of the Brexit vote.

The United Kingdom voted to leave the European Union and Jakobsen says the market is repeating its behaviour seen during the peak financial crisis of 2009.

He says that the market has acted very positively following the post–Brexit uncertainty, but says everyone is trying to reposition themselves with more risk available.