Danske Daily - 13 June 2016

Published 06/13/2016, 03:56 AM
Updated 05/14/2017, 06:45 AM

There are no significant key events or economic data releases today. The ECB is expected to release some details regarding the corporate bond QE programme. The main event this week is the FOMC meeting on Wednesday, although the non-farm payroll data removed expectations for a rate hike. On top of this we have policy meetings in the UK and Japan on Thursday.

The nervous sentiment in the financial markets continues this morning with Asian equities tumbling, a stronger JPY and a new record low for 10Y JGBs. This is mainly driven by the possibility of a Brexit as recent polls show a very close call at the referendum.

The CEO of ATP said in a Bloomberg interview that betting against the Danish FX peg will fail if Brexit drives investors into DKK.

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