Risk-on back in vogue - Westpac

Analysts at Westpac explained that despite the significant uncertainty unleashed by Brexit, risk appeitite has been on a steadily firming trend.

Key Quotes:

"It appears that the combination of reassuringly decent data and pro-growth monetary/fiscal signaling from various policymakers has been the key to steadier risk appetite."

EUR/JPY: risk appetite improves and fundamentals shun the Yen

EUR/JPY is up through the 200 sma on the 1hr chart at 112.97 and onto the 113 handle as market's appetite for risk starts to improve at the start of ...
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IMF cutting EZ forecasts - UOB

Analysts at UOB Group noted that the IMF cut their Eurozone economic forecasts last Friday (8 Jul) ...
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