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Monthly archive July, 2016

Why We Don’t Forecast A Large Under-Shooting Of The Pound – Goldman Sachs

We explain how we think about the Pound in the wake of the Brexit surprise.

Following the “leave” vote, we revised our Sterling forecast substantially weaker, taking our view on EUR/GBP to 0.85, 0.82 and 0.78 in 3, 6 Read More →

Daily Report On July 01, 2016

In a speech in London overnight, the Bank of England (BOE) Governor Mark Carney stated that more stimulus to the UK economy may be deployed over this summer after the shock decision by voters to leave the European Union last Read More →

How Long Must The Fed Be ‘On Ice’ Post-Brexit? – UBS

What should U.S. monetary policy be in the wake of the June 23rd British referendum in which a majority voted to have the UK leave the European Union? We believe that this development places the Fed on a more gradual Read More →