Brexit: hard, soft or sunny side up?

Breakingviews has combined four market signals to indicate what investors expect from Britain's EU exit. A fall in the index suggests a "harder" Brexit - one with fewer of the perks of being part of the bloc. The elements are: sterling's trade-weighted value; the performance of the FTSE 250 relative to the FTSE 100; Britain's CDS spread over Germany's; and the steepness of the UK yield curve.