BoE: Policy will take a backseat before the referendum - TDS

Research Team at TDS, suggests that the BoE’s policy will take a backseat one week before the referendum.

Key Quotes 

“The minutes will not be subject to purdah rules , so expect any discussion of the Bank’s thinking on the referendum to make an appearance, either as a reminder of the possible effects of a Leave win, or perhaps more discussion of preparations being made to help stabilise markets on June 24th, regardless of which way the vote goes. The IMF also chimes in with the release of its UK Article IV on 16 June, and this won't be subject to purdah rules, either.”

Fed should stay off the trigger following weak US jobs report – Danske Bank

Research Team at Danske Bank, suggests that in the US, the focus continues to be on whether the Fed is about to hike this summer. Key Quotes  “We co
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USD/CAD erases early gains, turns flat at 1.2775

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