BOE's Forbes: There's no concrete evidence that Brexit concerns are causing soft UK data

Speaking in an interview with the Belfast Telegraph, BOE MPC member Kristin Forbes noted that uncertainties surrounding Brexit vote may be causing softer UK data, while adding that it’s difficult to predict outcome for the EU’s referendum.

Key Quotes:

Softer data may reflect Brexit uncertainty

There's no concrete evidence that Brexit concerns are causing soft UK data

Uncertainty could be lifted quite quickly after a Remain vote

Hard to predict outcomes from a possible Brexit vote

Denmark Retail Sales (YoY) increased to 1.1% in April from previous -3.1%

Denmark Retail Sales (YoY) increased to 1.1% in April from previous -3.1%
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EUR/JPY stages solid comeback, 124 back on sight?

The offered tone around the Japanese currency keeps growing bigger as we head into the European session, providing fresh impetus to the EUR/JPY cross.
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