ECB ready willing and able, but unmoved by Brexit vote - ANZ

Analysts at ANZ explained that  the ECB was unmoved by the Brexit referendum.

Key Quotes:

"...leaving its main refinancing rate at 0%, its deposit rate at -0.4%, and keeping asset purchases at EUR80bn per month.

The ECB said that if there was to be some impact from the UK’s decision to leave, then the ECB would be ready, willing, and able to act, using all instruments in its mandate.

Next week sees the Fed and BoJ meetings, with the latter expected to announce some further stimulus packages."