{"id":91565,"date":"2016-06-18T18:40:06","date_gmt":"2016-06-18T22:40:06","guid":{"rendered":"http:\/\/countingpips.com\/?p=91565"},"modified":"2016-06-18T15:40:26","modified_gmt":"2016-06-18T19:40:26","slug":"brexit-vote-to-take-spotlight","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/06\/brexit-vote-to-take-spotlight\/","title":{"rendered":"Brexit vote to take spotlight"},"content":{"rendered":"
June 18, 2016<\/div>
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Article by ForexTime<\/a><\/p>\n

The UK referendum vote on whether or not to remain in the European Union will no doubt be the main highlight of the week. In recent days, the markets were roiled by the increasing probability of a Brexit, based on polls showing the \u201cleave\u201d campaign gaining ground against the \u201cremain\u201d campaign and this had a toll on sterling, which fell to two-month lows against the dollar. On Friday, the pound saw some reprieve after news of the killing of a British MP, Jo Cox, who was a pro -\u201cremain\u201d campaigner.<\/p>\n

Aside from the June 23 vote, there are some other important economic data that markets will focus on in the coming week.<\/p>\n

Monday<\/strong>
\nJapan trade data<\/p>\n

Tuesday<\/strong>
\nFed Chair Janet Yellen testimony on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC.<\/p>\n

Investors will closely watch this event as they hope it will add insight into whether the Fed will hike interest rates again in 2016. At its June 14-15 policy meeting the Fed decided to keep rates on hold due to risk of the UK EU referendum.<\/p>

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<\/div>\n

Wednesday<\/strong>
\nEurozone Consumer confidence<\/p>\n

Thursday<\/strong>
\nUK referendum vote on EU membership<\/p>\n

Eurozone PMI
\nThe release of flash PMI results for June will meanwhile provide analysts with the first complete picture of Eurozone growth trends in the second quarter. The May survey pointed to the region\u2019s economy remaining on a subdued growth path, with GDP growth likely to have slowed from the impressive start to the year. Meanwhile, the European Commission updates its Consumer Confidence Index.
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\nFriday<\/strong>
\nGerman Ifo Business Climate
\nUS Durable Goods Orders<\/p>\n

 <\/p>\n

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\"Forex-Time-Logo\"Article by ForexTime<\/a><\/span><\/strong><\/p>\n

ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 www.forextime.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Article by ForexTime The UK referendum vote on whether or not to remain in the European Union will no doubt be the main highlight of the week. In recent days, the markets were roiled by the increasing probability of a Brexit, based on polls showing the \u201cleave\u201d campaign gaining ground against the \u201cremain\u201d campaign and […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-91565","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=91565"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91565\/revisions"}],"predecessor-version":[{"id":91571,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/91565\/revisions\/91571"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=91565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=91565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=91565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}