Sherif Hasan / Profil

The UK Post Office is reporting a surge to sell the pound 22 June post office branch and online currency sales up 49% yy on Tuesday and up 381% online +74% yy since last week-end It's cash and therefore not so significant volume-wise but it's also a sentiment indicator toward Leave, or at least e...

Fedspeak, existing home sales and Eurozone consumer confidence on the schedule Canadian consumers have shrugged of the commodity bust so far and that's expected to be the case once again in April with retail sales expected to rise 0.8% (+0.7% ex-autos...

April 2016 Canadian retail sales report 22 June 2016 Prior -1.0%. Revised to -0.8% Ex-autos 1.3% vs 0.6% exp m/m. Prior -0.3%. Revised to -0.1% Sales excluding autos helps the CAD gain from 1.2775 to 1.2744. Higher gasoline prices did most of the lifting. Headline sales were up 4...

To go with all the other daily Brexit warnings from Europe ;-) France's Hollande The future of Europe is at stake in UK referendum Regardless, Europe needs new steps after vote UK risks losing access to the common market if it leaves...

IMF urges Fed to let inflation overshoot The forecast for growth this year was cut to 2.2% from 2.4%. The 2017 forecast was left unchanged at 2.5%. The latest Fed forecasts are for 2.0% in 2016 and 2017...

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The Daily Mail has endorsed a 'Leave' vote in the Brexit referendum I'd post a link but whenever I have the Daily Mail open on my browser I spend far too long clicking on the column on right of screen - way too many bikinis there. OK, time for a quick glance... here's the front page...

Migration data from New Zealand gets a bit of attention as it is cited in impacts on the price of houses, which in turn apparently has impacts on RBNZ monetary policy c'mon Statz NZ .... your data page isn't loading ... yay, here it is...

The Brexit vote hasn't started yet but already the excuses for losing are being made. Apparently it was all rigged...

This is from 'What UK Thinks', its their 'Poll of Polls' The average of the six most recent polls Fieldwork conducted between 14 and 20 June 2016 Based on two (online) polls by YouGov, two (phone) polls by Survation, one (online) poll by Opinium, and one (phone) poll by ORB The most recent additi...

Janet Yellen appeared in the US Congress Tuesday (or as I like to call it, 'overnight') Reuters have a bit of a recap up on what they say was "a generally civil 2-1/2-hour hearing" It's a bit of a disgrace when we have to mention that it was generally civil...

This data point is not usually much of an immediate FX market mover But it's a good one (IMO) for a longer-term view on them Australian economy (6 - 9 months out or so...

National Australia Bank on AUD and Brexit: In attempting to quantify the potential implications for the AUD, we note that last August when Chinese stock and currency market-related stresses saw the 'VIX' proxy for market risk aversion briefly above 50 from below 20, the AUD fell from above 0...

Comments from Bank of Japan Governor Kuroda Kuroda speaking on a television program aired today. Headlines via Bloomberg : My personality is cautiously optimistic (That may be from his Tinder profile) Fiscal policy results don't always turn out as expected...

Greetings one and all. One day closer to you know what, and once again it's a quiet session data-wise but we do get Part 2 of Yellen's H-H testimony. As always I wish you good trading. Times GMT...

Retracing the declines this week The USDJPY has traded to new session highs in the last 20 or so minutes and also gets close to retracing the falls from yesterday (into today). The highs from yesterday at 104.79 and 104.836 (also the high from Friday at 104...

More from Yellen Households are in much improved shape Low change US will be in recession at year-end Not likely Brexit will push US into recession Yellen is betting hard on the consumer...