Two themes have dominated proceedings in capital markets this week, first the flight to safety hitting global markets has been particularly acute in Europe, as polls suggesting growing levels of support for Brexit, ahead of the U.K’s June 23 referendum on its European Union membership. Second, central banks inactions and rhetoric. The FOMC, as expected stood pat, but lowered their rate forecasts. The number of Fed members who saw only one rate hike for this calendar year jumped to six from one at the last meeting. Following the Fed’s lead, the Bank of Japan (BoJ), Swiss National Bank (SNB) and the Bank of England ... (full story)