OECD Secretary General Gurria speaking to Bloomberg 6 June
- Brexit needs to be as smooth and seamless as possible in the interests of all parties
- Brexit still at beginning stage
- inequality has come back to haunt govts in the form of a political backlash
- govts need to deliver on improving equality and providing opportunities for electorates
- arrival of Macron represents a new chapter for French economy
Meanwhile USDJPY posting new 6-week lows of 109.66 as European desks wake up to give their own verdict on the latest moves.
Yen demand helping to cap core pairs too for the moment.
