Credit Suisse: FTSE year-end forecast slashed to 6200 on Brexit

In its latest note, Credit Suisse lowered the outlook for FTSE in case voters choose ‘Leave.’

Key Points:

Would lower end-2016 forecast by 6% if Leave prevails (6600 prev forecast)

Would cut Eurostoxx 50 futures end-2016 target to 2950 versus 2250 prev

S&P forecast cut to 2000 vs 2150

Jun 22, 2016

USD: Re-test of the 16mth 92.0 lows set in early May on the cards - Westpac

Research Team at Westpac, is biased to play for yet more USD downside in coming weeks, a re-test of the 16mth 92.0 lows set in early May on the cards.

CAD: Structurally biased toward lower levels - Westpac

Research Team at Westpac, suggests that they are still structurally biased toward lower USD/CAD levels. Key Quotes “H2 growth looking decent enough