Moving from chat up lines to business In the short term, Brexit would be a problem for all but above all, Britain Believes the remain camp will win If UK leaves there will be financial tensions Either way the EU needs to rethink itself...

US stock market open 17 June 2016 S&P -6pts to 2071 Dow -54pts to 17676 Nasdaq -26pts to 4818 US 10 year yields 1.60% -2bp...

YoY 1.5% vs 1.6% est. Core YoY 2.1% vs. 2.1% Canada CPI NSA for the month of May came in at 0.4% vs 0.5% estimate. The YoY came in at 1.5% vs. 1.6% est and 1.7% last month. So each was 0.1% weaker than expectations. The core numbers came in as expected at 0.3% and 2.1% respectively...

Details of the May 2016 US housing starts and building permits data report 17 June 2016 Prior 1.172m. Revised to 1.167m Building permits 1.138m vs 1.150m exp. Prior 1.130m Starts don't drop as much as expected and permits miss but gain from last month...

Russian president Putin making a keynote address 17 June 2016 EU remains key trade partner for Russia EU business leaders want to work with Russia starting talks with EU on technical cooperation as first step to restoring relations On the Russian economy...

BMG Research have had their fair share of attention this week 17 June 2016 The pollsters were due to release their latest findings today but, with general co-operation and some sensitivity to yesterday's awful events along with a suspension of campaigning from both sides will now publish at 01...

Dear Traders, On Thursday June 23rd we have the EU referendum in the UK, ‘Brexit’. The vote is to determine whether the UK remains part of the European Union. Brexit is similar to the Scottish referendum and Grexit last year, however, the impact of the result is expected to be far greater...

USD/JPY took a deep dive to 104 and below on the lack of action from the Bank of Japan. This may well change next month, with fiscal and monetary stimulus in play...

The British pound continues suffering and finally broke down below the 1.41 handle. It now faces strong support, and not at the round level. Here are 3 Brexit-related updates and the levels to watch: Update: the tables have totally turned with the tragic murder of MP Jo Cox...

Canadian Core CPI, is considered on of the most important inflation indicators. Core CPI excludes the most volatile items which are included in CPI, hence it is considered a more reliable measurement of inflation...

The impact of the EU Referendum goes well beyond the shores of the UK but impacts many other currencies...

Forget playing the numbers game in guessing the percentage moves in markets Picking a number is a folly at the best of times. So and so bank says the pound will move 10% one way on an exit, or 5% the other way on a remain, that's great but the numbers aren't tradable...

It's been a session of two-way business again for the pound 17 June 2016 Earlier I highlighted the decent offers/resistance between 1.4300-30 and dip demand on EURGBP and we've duly seen a retreat from 1.4312, and a rally, and another retreat. GBPUSD currently 1.4238 with EURGBP back above 0...

IMF MD Lagarde up to the rostrum 17 June 2016. Reuters reporting Says Lagarde: " I guarantee the euro will continue to have a solid space of range in currency reserves" nostalgic utopia of the past is a serious danger in Europe time to confront negative vision on Europe...

Q1 2016 Eurozone wage and labour costs data 17 June 2016 Q1 labour costs 1.7% vs 1.3% prior Alongside falling unemployment we're seeing wages and costs starting to creep up. Maybe the next ECB move will be to taper QE ;-) Q1 2016 Eurozone labour costs...

Reuters reporting SocGen have sent a letter to clients to warn about possible gaps in pricing and liquidity surrounding the UK referendum vote. After the SNB they've got good reason to be cautious over what is a huge event...

Italy April trade balance total now published 17 June 2016 prev revised down from €+5.365bln EU trade balance €+918m vs 1,19bln prev revised down from €+1.331bln...

Latest Eurozone current account data from the ECB 17 June 2016 prev revised down from €+27.3bln NSA €+34.0bln vs €+31.3bln prev revised down from €+32.3bln direct investment inflow €10.7bln vs +€12.6bln prev portfolio investment inflow €+118.1 bln vs +9.9bkn prev...

Yesterday's tragic murder of UK MP Jo Cox leaves many reverberations 17 June 2016 Let no one underestimate the impact of this truly awful event but let's not jump to any conclusions as to why it happened. Conspiracy theorists have no place in these discussions...

Positive start for European equities on the official opening 17 June 2016 FTSE +0.7% DAX +0.7% CAC40 +0.6% FTMIB +0.7...