Back

Market movers for the day – Danske Bank

Research Team at Danske Bank, suggests that the main focus in financial markets today will be on any last minute hints on how the UK referendum on EU membership will turn out tomorrow.

Key Quotes

“The oil market will likely take note of the change in US crude oil inventories last week published today. The American Petroleum Institute yesterday reported a large inventory draw last week, so the market will be looking for confirmation of this development in today's release.

Federal Reserve chairwoman Janet Yellen is set to speak again today but will likely repeat the message from yesterday.

A bunch of Swedish key data figures are due for release this morning, which will likely attract the attention of the Swedish market.”

GBP could push higher above 1.4750 levels - Westpac

Research Team at Westpac, notes that the GBP has risen 2.8%+ on a TWI basis from last week’s lows as bookmaker odds for the “remain” camp shorten once
Mehr darüber lesen Previous

GBP/USD fails once again near 1.4700, Brexit uncertainty weighs

The GBP/USD pair met fresh supply at daily tops on another attempt to regain 1.47 handle, as markets remain uncertain over the outcome of the EU refer
Mehr darüber lesen Next