Lots of economic dockets scheduled for today and some with high risks associated.
Data released so far –
- United Kingdom – UK voted in favor of exit. BBA mortgage approvals rose to 42,200 in May.
- France – First quarter GDP grew 1.3 percent in first quarter from a year back.
- Spain – producer price index declined -5.5 percent y/y in May.
- Germany – IFO current assessment for June grew to 114.5, business climate improved to 108.7 and expectations rose to 103.1
- Italy – Retail sales declined -0.5 percent y/y in April.
Upcoming –
- United States – Durable goods orders for May will be published at 12:30 GMT. Michigan consumer sentiment index will be released at 14:00 GMT.


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