The markets have stabilised due to the fact that Cameron has volleyed the invoking of Article 50 into the long grass.
We're still a member of the EU who hasn't put their ticket it, as it stands today.
"Stocks and the pound are continuing to firm but the post-Brexit reality will bite sooner or later," said Joe Rundle, head of trading at ETX Capital.
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What we're seeing in the FTSE is hope in Britain being able to ride it out by remaining part of the single market. This looks like wishful thinking."
Joshua Mahony, market analyst at IG, said: "There is a confidence within the City that perhaps the implications to this vote may not be as immediate nor far reaching as many initially thought, providing opportunities for bargain hunters to grab shares at a discount.
However, he added: "The big question is whether the worst is over, and the answer is unlikely to be yes.
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Sentiment is almost entirely dictated by unknown quantities for the coming months and even years, where the next major event coming when or if article 50 is enacted.
"As such, having such a long period with this colossal cloud hanging over financial markets will be unlikely to help confidence and risk appetite."
http://www.bbc.co.uk/news/business-36660133