Markets occupied with Brexit implications – Danske Bank

Sandeep Kanihama FXStreet Contributor

Research Team at Danske Bank, suggests that the implications of the Brexit vote continue to occupy markets.

Key Quotes

“The EU summit continues and the nomination for the Conservative Party leadership opens today (closes tomorrow at noon). Scotland's First Minister Nicola Sturgeon is travelling to Brussels to meet, among others, EU Commission President Jean-Claude Juncker in order to 'fight for Scotland's place in Europe' as she wrote on Twitter.

Several data releases are due today but all were collected before the UK's EU vote. We need to wait a little before we can analyse the actual impact of Brexit on the economy.

In the US, PCE inflation data and personal income and spending for May are due.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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