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The Independent report a 52 year old man was arrested for punching an elderly remain campaigner in Carlisle As if the some of the country hasn't stooped low enough already Story here

6 Reasons EUR/USD won't collapse on Brexit: 1.  Brexit will likely rule out a July Fed rate hike. US yields will drop. On the flipside, we are already pricing 15bps of depo cuts from the ECB and are unlikely to price more - Draghi has suggested

With the Brexit referendum result looming which currencies may move the most against the pound? 22 June 2016. There's been lots of justifiable/considered talk recently, as well as hype, about the impact of the result impacting on the

Pound traders beware There's rumours coming out that the delayed ICM poll shows a 5 point lead for the remains (see cable's pop). There has still been no official news still and the details will be released by The Guardian, who

The weak May employment report has diminished the significance of Wednesday’s FOMC meeting, with  the Committee now very unlikely to adjust policy or signal a move in June or July.  There will still be significant information to digest

Between weaker May jobs data and uncertainty ahead of the UK referendum on EU membership, the markets have completely priced out any chance of a June rate hike. We concur, as this will give the Federal Open Market Committee (FOMC) more time to

April US business inventories +0.1% vs +0.2% expected April US business inventory data The March reading was +0.4% (revised to +0.3%) Business sales +0.9% vs +0.2% prior (largest since Feb 2014) Inventory-to-sales ratio 1.40 months vs 1.41 months

The British pound is getting slammed. The currency fell by as much as 0.9% to 1.4141 against the dollar amid ongoing Brexit worries. On Monday, a poll conducted by ICM on behalf of the Guardian showed 53% for Leave and 47% for Remain. Plus, th e

Several argument for a lower EUR/USD near term…: Relative rates:  still in favour of USD. A Brexit  will weigh on EUR/USD given prolonged political uncertainty. The US business cycle  now looks stronger than the Eurozone’s. …but

The EU referendum looms ever larger ( in case you've been on Mars for the past 6 months) 15 June 2016 Much conjecture still on what the fall-out would be, both for the pound and the UK/EU/global political/financial landscape on a result either

Assumptions that the GBP/EUR will plummet following Brexit could be wrong as one analyst tells us the euro exchange rate complex will be by far the biggest loser of an UK exit from the European Union it has been argued by a prominent analyst. “I

t's not a close referendum until the government cowers UK Chancellor of the Exchequer George Osborne hit the panic button yesterday by promising 30 billion pounds in tax hikes and spending cuts if the voters choose to leave the EU. It includes

RBA's Kent: Depreciating AUD could be a buffer for negative events Reserve Bank of Australia's Christopher Kent, Assistant Governor (Economic) Our central forecast is China will see further gradual moderation in growth over next few years Chinese

In just a few days, it’s conceivable that the European Union’s political and economic future could be reshaped by the UK’s June 23-scheduled referendum vote regarding whether Britain should retain membership in, or exit, the EU. Popularly known as

How will GBP/USD trade following the EU vote result announcement? An analysis of the GBP/USD options market gives us a pretty good idea. The GBP to USD exchange rate is seen edging lower, even after the Federal Open Markets Committee (FOMC) confirmed

The initial impact of a Brexit on EUR should be negative  as fears about the growth outlook and the integrity of the EU will fuel expectations of more ECB easing. That weakness should manifest itself mainly vs safe haven, non-European

S&P have been polishing the crystal balls, here's what they've come up with They forecast US GDP growth at 2.4% in 2016 and 2.3% in 2017 For the Eurozone the forecasts are for 1.6% and 1.8% respectively APAC (Asia Pacific) GDP growth, they say

CAD is caught in the global event crossfire with next week’s UK Referendum vote starting to sap the markets of liquidity and intensifying risk aversion. Our findings show that CAD is currently the high-beta currency in the G10, increasing its

Web-based loan sharks in China are demanding naked photos from cash-strapped female university students who want to borrow money As a form of collateral, along with copies of their ID cards Photos will be made public if payments are not made on

We are doubtful that the ECB will be able to ease in an effective manner near term and pare back our expectation for EUR/$ downside one year out.  Our 3-, 6- and 12-month forecasts are now 1.12, 1.10 and 1.05 (from 1.04, 1.00 and 0.95