Archive | June, 2016

Market Report: June 2016

Brexit dominates Sterling at present and will obviously continue to do so, until after 23rd June, when it is sure to move somewhere. Between now and then, expect volatility against US$ and €. The euro is trading at 3 month lows, and with deflation still a strong risk, and virtually zero interest rates, the focus is likely to switch to encouraging bank lending to boost exports & inflation.

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