Forex news and economic data headlines for the Americas sessions27 June 2016
The best word for Brexit is sadness says Draghi
Barclays is a seller of just about everything
Obama committed to sealing a TTIP agreement despite Brexit decision
S&P lowers UK sovereign rating to AA from AAA
Germany's Schaeuble says it would be decent if UK filed official application to Leave soon
Hollande says there's no time to waste organizing Brexit
More from Kerry: Negotiations between UK and EU should be driven by common sense
More from Merkel & Co: Article 50 is very clear that UK must make the application to Leave
UK and US has an unbreakable bond says our old China plate Kerry
The ball is in Britain's court says Merkel
Draghi pulls out from his ECB summit
Is the US now heading for interest rate cuts?
Cameron: It will be up to the new Conservative leader whether to fulfil term
Scottish SNP party has no intention of being taken out of Europe
UK's Cameron: I and the cabinet are clear the vote to exit must be accepted
June 2016 US Dallas Fed manufacturing index -18.3 vs -15.0 exp
EU officials say they are keen to see Scotland as the 28th member state
ECB QE count: Total purchases €868.8bn vs €851.7bn prior
June 2016 US Markit services PMI flash 51.3 vs 50.9 exp
UK Labour left wing could push for a mandatory selection of every Labour seat
UK government should be able to negotiate the terms of EU departure before an election
Fed doesn't say why Yellen pulled out of ECB summit
UK Conservative leadership contest should be concluded by 2nd September
More from Lew: Strong USD is in US interest
Here's how to trade GBPUSD now
Lew says the challenge for UK,EU leaders is to manage through change
The Brexit news keeps coming thick and fast and the pound keeps on falling. 1.3200 was the victim this time and it looked like 1.3100 might follow soon after. Cameron set his stall out for article 50. Europe wants it fast, the UK will deliver it when it's good and ready. Put that in your pipe and smoke it Merkel. The move to the low at 1.3121 came during the UK Parliament session when Scotland decided to ignore the fact it voted to stay as part of the UK to proclaim it was going to ignore the UK referendum result and stay in Europe. That wobble didn't last after everyone stopped laughing and we pushed back above 1.32 as Cameron tried to steady the ship with calm comments. 1.3150/1.3200 has been the range since then. The pattern of calm periods interspersed with periods of volatility is likely to continue.
EURUSD followed the pound down again and dropped through 1.1000 to 1.0971. It's not done a lot since recovering back above the 1.1000 level.
USDJPY bottomed not long after the US open at 101.41 and then made a slow climb back up through 102.00. US stocks followed Europe down the hatch and although they've grabbed some ticks back, we're far from turning things round completely in the last few minutes of the trading day. There looks to be an asset shift out of stocks to bonds as Treasuries, Gilts and EU bonds all find willing buyers as stocks find willing sellers.
UK traders might have the hump in the morning if the current score of the England vs Iceland game remains at 1-2. It never rains but it pours.
