Sherif Hasan / Profil

The first article was about identifying what type of trader you may be. We wrote that might want to take a personality test to see where you stand in the continuum along impulsive to conservative...

GBPUSD remains the main focus GBPUSD The GBPUSD could not move below the 100 bar MA on the 5-minute chart and extended up to the 200 day MA at 1.4690. The prior resistance was 1.4666. Since breaking the price remains above that level...

Why Trump is down to his last strike and has replaced his campaign manager The path to the White House for Donald Trump was clear...

Closing gains/losses in the main bourses UK FTSE +3.1% German DAX +3.5% French CAC +3.6% Spain IBEX +3.4...

Which indicators are good at predicting recessions Economists are horrible forecasters. It's so bad that the Fed's own James Bullard says they should quit altogether because the public is so-often sent the wrong signals. The WSJ surveys economists monthly and the latest reading is 21...

What polls are due up on the Brexit referendum Poll schedules are a bit sketchy but there is talk that two polls may be released today. An online poll from YouGov may be released at an unknown time (after the London close) and a phone poll from ORB is also due and is rumored at 2100 GMT (5 pm ET...

S&P 500 erases last week's decline In a few minutes of trading, the S&P 500 erased last week's 1.2% decline. The index is up 26 points to 2097. That's the largest gain since a 28 point rally on May 24...

That was quick The GBPUSD is testing the topside target outlined as an extreme level. That area comes in at 1.4633-1.4666. The level corresponds with swing highs (see green circles in the chart below) - the most recent earlier this month (see daily chart...

Reserve Bank of India governor over the wires 20 June 2016 India can't abandon inflation to focus on growth can't have it both ways, wanting lower inflation and lower rates The RBI governor very much on the front foot in the wake of his surprise announcement at the weekend not to serve a second t...

Former BOE Financial Stability Head John Gieve speaking to Bloomberg 20 June 2016 while Brexit could mean interest cuts or other stimulus to support growth the Governor may also have to be wary of increasing falls in the pound There will be a shock to demand, so that means there will be something...

Brexit talk will dominate The economic calendar won't be the source of much drama today. Scheduled news includes minor data and a couple speeches. It starts at the bottom of the hour with Canadian wholesale trade sales at 8:30 am ET (1230 GMT). The consensus is +0.5% after a -1.0% fall in March...

Canada April wholesale trade sales data First gain following two months of declines Prior was -1.0% (revised to -0.8%) Weak on the headline but a touch stronger on the revision. Inventories -0.3...

S&P 500 futures up 27.5 points European stocks are soaring and the US market is slated to follow suit. Bourses across Europe are up 2.8% to 3.7% as the odds of a Brexit tumble. The US market is slated to gain about 1.3% at the open after a 1.2% decline last week...

Pound buyers prevailing as European trading unfolds 20 June 2016 Highs now of 1.4672 for cable after a test of the 1.4550 support/area that I highlighted earlier. More layers of offers/res into 1.4680-1.4700/20 with stops above if breached. EURGBP has broken down through the 0...

Mr K on Bloomberg. Is he saying his cup is half full or half empty...

BOJ governor Kuroda back across the wires 20 June 2016 inflation expectations observed in practice are highly sticky and change only slowly firmly stabilising inflation expectations at desired level represents and unprecedented difficult challenge changing deflationary mindset absolutely necessar...

Positive tones as expected on Brexit fears abating 20 June 2016 FTSE +2.1% DAX +2.4% CAC40 +2.6% FTMIB +1.6...

China's fx regulator,SAFE, out with their latest data 20 June 2016 Jan-May total sales USD 161bln This is effectively the level of PBOC intervention which is executed through the banks. Lesser activity as already highlighted the slower pace of FX reserve reduction. Says SAFE...

UK bookmakers Betfair move the odds out on Brexit 20 June 2016 implied probability of a Remain vote at 72% vs 65% on Frday No surprises given the latest news and probably already factored in to the GBP price...