Morning Call: Sterling jumps as 'Brexit Day' begins
Head of Editorial Content, Saxo Bank
Summary: Today's edition of the Saxo Morning Call sees strategist Ole Hansen analysing the essentially binary dynamic surrounding today's Brexit vote, with GBPUSD in focus on events that could send it to new local highs or long-term lows.
COT: First week of dollar buying in six
Commitments of Traders report covering speculative positions and changes in FX, bonds and stocks in the week to June 30.
Euro Area: An update on the Next Generation EU package
An update on the ongoing talks about the EU recovery fund.
Podcast: Momentum wanes after strong start to the week
Markets are retreating a bit this morning after a very strong cross-asset session yesterday. Equity futures are trading lower in Europe and the US, and brent crude is also not managing to break out as demand worries are increasing over potential new lockdowns in Sun Belt states in the US. We also talk Samsung's preliminary Q2 earnings numbers suggesting strong demand for smartphones, and we focus on the online fashion retailer Boohoo which saw its shares decline 23% yesterday on reports of labour issues among its retailers. Today with Peter Garnry on equities and Ole Hansen on commodities.
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