Moody’s: Brexit vote would "likely" trigger a negative outlook on the UK’s Aa1 rating

In an interview with CNBC on Monday, Moody's Dietmar Hornung, head of the group's Sovereign Risk, told that a Brexit vote would have a negative impact on the UK’s ratings.

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UK Brexit vote would "likely" trigger a negative outlook on the Aa1 rating currently held

Although it would be unlikely it would trigger an imminent rating/outlook action in the wider euro area

Oil extends retreat from 2016 highs on rising OPEC output

Oil benchmarks on both sides of Atlantic faded a tepid bounce and fell back in the red this Monday, extending its retreat from fresh 2016 tops.
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EUR/USD erases early gains, holds above 1.1450 ahead of Euro-zone PMI

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