lunedì 15 giugno 2015

EU Open Report - 15.06.2015

Welcome to another Manic Monday! The FOMC meeting is this week's main event but there will also be rate decisions from the SNB and Norges Bank Thursday and the BOJ  on Friday, while RBA and BOE minutes are due Tuesday and Wednesday.

1. Who Said What

- China company insiders skim cream off frothy stock market – Reuters.
- Fed hones tricky message as it nears boosting rates – Jon Hilsenrath, WSJ.
- UK ruling party lawmakers joining Brexit group jumps, 50 to 110 - Telegraph.
-  Several of the biggest fund managers based in London drawing up plans to move  trillions of pounds out of Britain should UK vote for Brexit – Sunday Times.
-  Greece and creditors fail in last attempt to reach deal – Reuters.

2. Asia Equity & FX roundup

Asian stocks fell after talks between Greece and Creditors break down once again over the weekend.
Nikkei +0.17%, Hang Seng -1.68%. China -2%, ASX -0.1%  and  European futures are already pointing to a lower open.

 The Jpys diddn't do much in Asia; USD was better bid in tandem with a lower Euro; Gbp seems more bearish as well, on the back of the Brexit referndum talks;

3. Data on Tap for Today (CET time)

Source: Investing.com (CET time)


For a more in-depth look at the drivers and best FX pairs to trade this week, please refer to the Weekly Game Plan issued yesterday. 

Good Luck!


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