Our outlook for markets for the coming week

This week represents the 1 year anniversary of the Brexit referendum. With that in mind we take a look at stocks on our coverage list with a high degree of UK exposure and assess how they have performed subsequently. 

  • EURGBP likely to move to £0.9 as uncertainty abounds regarding Brexit negotiation, UK domestic politics and BOE policy
  • The UK economy, which had proved resilient in the aftermath of the referendum, has shown signs of fraying recently
  • Major declines in oil last week expected to continue as US producers ramp up drilling and markets show little faith in OPEC deal

Source : Cantor Fitzgerald Monday 26th June 2017