US Morning Update

Major overnight headlines:

• Latest Greek polls suggest 49% prefer coalition government whilst 47% want snap elections, Euro Intelligence
• Turkish unemployment rate falls to 10.1% in March from 10.5% previously, fall to 10.2% expected
• Germany’s Target-2 claims on Eurosystem at 589 billion in May, roughly matches previous March low
• UK Rightmove house prices rise 2.7% year-over-year in June, 1.2% month-on-month
• German MoF says Greek aid programme is “right way” for a better Greek future, Bloomberg

Read the full report: FX Daily

 

BMO