Implications of the Brexit vote continue to be the key focus – Danske Bank

Research Team at Danske Bank, suggests that the implications of the Brexit vote continue to be the key focus in markets.

Key Quotes

“An EU summit meeting takes place today and tomorrow, which should produce an overall reaction to the UK's decision ahead of political announcements from the UK itself and from individual countries. Furthermore, the crisis in the Labour party means that there will be a no confidence vote on party leader Jeremy Corbyn today. The result should be known around 5pm CEST.

Draghi will speak at the ECB forum in Portugal.

In the US the Conference Board consumer confidence index for June is due for release. Consumer confidence has been relatively high for a long time and the question is how Brexit will affect the figures. We expect confidence to improve compared to May.”