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Daily Market Report
for 2/07/2016
How the Dow Jones Industrial Average Fared on Thursday
01 Jul 2016 09:22 ABC News
U.S. stocks closed higher Thursday, extending a rally into a third day as investors' anxiety about Britain's vote last week to leave the European Union eased.  more...
Asia markets open higher; ASX up 0.7 pct, Nikkei up 0.8 pct and Kospi higher ...
01 Jul 2016 11:16 CNBC (subscription)
In the currency market, the British pound continued to wobble amid fresh political surprises and after Bank of England Governor Mark Carney said in a speech that the economic outlook of the U.K.  more...
NZ dollar continues run against pound
01 Jul 2016 09:22 NEWS.com.au
The New Zealand dollar gained to 95.63 Australian cents from 95.25 cents, rose to 64.31 euro cents from 63.81 cents, advanced to 73.69 yen from 72.79 yen, and increased to 4.7445 yuan from 4.7074 yuan.  more...
What next for Chinese yuan after Brexit? 'Yes' to devaluation. 'No' to capital ...
01 Jul 2016 19:30 South China Morning Post
Although China will have to devalue the yuan in line with other Asian and emerging market currencies in the wake of Brexit, authorities are determined to control the pace of the depreciation and still see curbing capital outflows as the No 1 priority ...  more...
A top British official's ominous warning has sent the pound back down again
01 Jul 2016 05:48 Washington Post
Investors sold off pound sterling once again Thursday following a pessimistic speech from Mark Carney, the governor of the Bank of England, on the consequences of the United Kingdom's decision to leave the European Union.  more...
It's going to be another wild session for the Australian dollar
01 Jul 2016 10:41 Business Insider Australia
While stocks, bonds and most commodities ripped higher overnight, boosted by the prospect of further monetary stimulus from the likes of the ECB and BOE in the wake of the UK Brexit vote, that bullish sentiment did not flow through to movements in the ...  more...
Why Gareth Bale has been so much better than other Euro 2016 superstars
01 Jul 2016 18:56 Telegraph.co.uk
A lot of the pre-tournament chatter around Euro 2016 was about how the likes of Paul Pogba, Zlatan Ibrahimovic, Cristiano Ronaldo and others considered superstars of the game would light up the continent.  more...
Vicente del Bosque: Spain manager stepping down after Euro 2016 exit
01 Jul 2016 08:43 BBC Sport
Spain manager Vicente del Bosque says he is quitting after his side's Euro 2016 last-16 elimination by Italy. The 65-year-old led La Roja to victory at the 2010 World Cup, the first in their history, and a second successive European Championship in 2012.  more...
Is the Japanese yen really a safe-haven?
01 Jul 2016 17:03 Yahoo Finance UK
More on CNBC: 1 hour 41 minutes ago, CNBC. Japan has a large debt-to-GDP ratio and the government does not appear to have plans to balance its budget, says Japan Macro Advisors' Takuji Okubo.  more...
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