ECB governing council member Nowotny speaking in Sueddeutsche Zeitung

  • Brexit would not cause problems because it has already been discussed already for some time
  • the idea of helicopter money is psychologically devastating
  • does not expect an upcoming ECB bank stress test to have negative outcome

" If it (Brexit) ends up really happening, who's going to be surprised?"

Nice to see some balance on the Brexit scaremongering at least.

Meanwhile EURUSD 1.1153 near session highs but still in tight range.

ECB's Nowotny - Not scared of Brexit