German central bank out with their latest monthly bulletin 18 July 2016

  • impact of Brexit may be limited near term
  • German economy probably grew slightly at best in Q2

Q3 expectations were always upbeat so not really news but interesting to note their lack of real concern on Brexit fallout at the moment.

Meanwhile EURGBP 0.8343 from 0.8353 as GBPUSD retreats from earlier highs. Rinse n repeat.