Brent crude oil prices trade slightly higher

European shares opened slightly higher this morning and extended gains during the session, supported by a mild risk‐on sentiment ahead of the Brexit referendum. Also US equities opened with limited gains.
The ECB is expected to reinstate Greek banks' access to its cheap funding operations today, Reuters reports, allowing lenders to come off an expensive emergency lifeline after more than a year as a reward for painful economic reforms.
Fed's Powell said a UK vote to leave the EU could tighten financial conditions and have an economic effect that would also be felt in the US. He added that the dip in US job creation in April and May has gotten his attention and the right thing to do is to wait and see how much momentum there really is in the economy.
Following a significant improvement in May, European Commission's consumer confidence weakened slightly in June, falling from ‐7.0 to ‐7.3, while a stabilization was expected.
Brent crude oil prices trade slightly higher, hovering currently around $51/barrel after better than expected API inventory data and supported by generally upbeat sentiment ahead of the British EU referendum. Gold trades slightly lower, for a third consecutive session.
Fed Chairwomen Yellen speaks before the House Financial Services Panel, which will be followed by a Q&A session.

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EUR/USD flirts with daily highs, retargets 1.1900

EUR/USD regains upside traction, returning to the 1.1880 zone and refocusing its attention to the key 1.1900 barrier. The pair’s slight gains comes against the backdrop of a humble decline in the US Dollar as investors continue to assess the latest US CPI readings and the potential Fed’s rate path.

GBP/USD remains well bid around 1.3650

GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s irresolute price action, while recent hawkish comments from the BoE’s Pill also collaborate with the uptick.

Gold clings to gains just above $5,000/oz

Gold is reclaiming part of the ground lost on Wednesday’s marked decline, as bargain-hunters keep piling up and lifting prices past the key $5,000 per troy ounce. The precious metal’s move higher is also underpinned by the slight pullback in the US Dollar and declining US Treasury yields across the curve.

Crypto Today: Bitcoin, Ethereum, XRP in choppy price action, weighed down by falling institutional interest

Bitcoin's upside remains largely constrained amid weak technicals and declining institutional interest. Ethereum trades sideways above $1,900 support with the upside capped below $2,000 amid ETF outflows.

Week ahead – Data blitz, Fed Minutes and RBNZ decision in the spotlight

US GDP and PCE inflation are main highlights, plus the Fed minutes. UK and Japan have busy calendars too with focus on CPI. Flash PMIs for February will also be doing the rounds. RBNZ meets, is unlikely to follow RBA’s hawkish path.

Ripple Price Forecast: XRP potential bottom could be in sight

Ripple edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a decline in retail and institutional sentiment.