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Reuters with the news from Fitch ratings: Brexit has no direct APAC sovereigns, bank ratings impact UK's vote to leave European Union has no immediate direct ratings impact on Asia-Pacific sovereigns or banks Spike in political uncertainty in UK - and resulting effects on investor risk appetite...

Fitch with a dour assessment on China Overcapacity weighs on china bank operating environment Over-capacity and over-leverage remain significant challenges for Chinese steel industry Expects steel sector to continue relying on commercial paper refinancing High levels of indebtedness in industrial...

Aussie data Job vacancies for May, -1.9% m/m prior 2.7% Private Sector Credit for May, +0.4% m/m expected 0.5%, prior 0.5...

ANZ data for June Activity Outlook 35.1 prior 30.4 Business Confidence 20.2 prior 11.3...

Here's a piece in Bloomberg on China stockmarkets, and it isn't cheery: Shanghai Composite Index firms reported earnings per share for the past year that were 33% below what analysts had predicted 12 months ago The gap widened to the most since 2009 The gap , far outstrips the difference between...

Some highlights from the latest 'China Beige Book' analysis on China's economy Economy bounced in Q2 from the slowdown in the previous two quarters (Q4 of 2015 and Q1 of 2016 were the weakest in the history of the beige Book report) Services and construction the bigger drivers of the bounce Servi...

New Zealand Building Consents for May For the m/m, down 0.9% (prior +6.6% For the y/y, up 13% to an 11 year high From Stats NZ: consents for new dwellings are at a higher level than in 2015, but there has been little growth in recent months...

GfK Consumer Confidence for June A beat, coming in at -1 expected -2 prior -1 This was a pre-Brexit vote survey (conducted June 1 to June 15...

Japan preliminary Industrial Production data for May -2.3% m/m expected -0.2%, prior 0.5% And -0.1% y/y expected +1.9%, prior was -3.3...

EURUSD: Having EURUSD closed higher on Wednesday, it could face further upside. This development if seen will aim at its key overhead resistance at 1.1130 zone. On the downside, support lies at the 1.1100 level. Further down, support comes in at the 1...

OTTAWA (MNI) - The world after Brexit is one of heightened uncertainty with a higher risk of a global recession, which is "bad news" for most commodity-led countries and their currencies, T. Rowe Price Global Unconstrained Bond Fund Portfolio Manager Arif Husain told MNI...

DNB Markets have updated their foreign exchange forecasts for the new post-Brexit world and the dollar and Scandis are the big winners...

We're waiting for comments from two people The EU has made itself clear, it won't negotiate a new deal with Britain until an Article 50 notice. That might be posturing but it's the best we have to go on right now and it won't change imminently...

ABN Amro sees slower British growth The economists at ABN Amro see 2016 relatively unchanged at 1.5% compared to 1.6 but a prolonged period of uncertainty will hurt 2017 growth badly. They now forecast growth at 0.5% next year compared to 2.5% previously...

What a gift Brexit has been for those transferring euros into pounds - the rate has moved in your favour considerably. The question you may be asking is whether even better rates are coming your way? The rapid climb from 0.76 to 0.82 has certainly turned the outlook for the exchange rate positive...

ING warn that pound sterling will reach levels of 'extreme' undervaluation against the euro over coming months while the euro is not at risk of a fall to parity against the dollar despite the threats to the EU posed by Brexit. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you...

Giving his latest strategic forecast for the US dollar vs Canadian dollar, Jeremy Stretch at CIBC Markets writes: Despite seeing the CAD trading on the defensive in yesterday’s session the failure of USD CAD to close above the 100-day MAV, (1.3087) is significant, at least in the short run...

The gameplan from Morgan Stanley From MS: We stick to our trading strategy of using the current rebound to sell current account deficit and liability burdened currencies against the JPY, USD and the EUR. Our EUR constructive stance may surprise as we have been known for long as EUR bears...

Credit Agricole on what's next Markets are stabilising after the brutal (and according to some market observers excessive) moves in the immediate aftermath of Brexit...

European stock market close 29 June 2016 FTSE +3.2% Cac +2.4% Dax +1.7% Ibex +3.3...