Sherif Hasan / Profil

PIVOT POINT - 1 HOUR...

After opening higher the Nikkei has now fallen to post new session lows 17 June low 15582.26 a few moments ago currently 15,606.17 session still in positive territory +167.92, +1.09% USDJPY not faxed by the new lows and currently 104.24 after earlier AUDPY-led lows of 104.12...

USDJPY and other yen pairs have had another kick lower 17 June 2016 Eamonn reported on the move a short while ago and I'm now hearing the AUDJPY selling was a prime mover with an AUD 300m order going through in thin conditions. AUDJPY has fallen from 77.40 to 76.85 with AUDUSD down to 0...

Your economic data/event calendar for today 17 June Greetings one and all. Tragic news out of the UK to put a lot of things in perspective. We live in extremely fragile times. Our thoughts and condolences go out to the family and friends of Jo Cox...

FSA, MoF, BOJ officials are meeting to discuss financial mkts Asakawa remarks crossing on the screens: BOJ, MoF, FSA share view the volatility is rising in FX, financial markets (Masatsugu Asakawa is vice finance minister for international affairs) More...

USD/JPY and yen crosses are all a little higher in recent minutesw On the back of: Japan finance minister Aso Very concerned about one-sided, rapid and speculative moves seen in FX mkt Plans to hold meeting of FSA, MoF, BOJ officials to discuss financial mkts on Friday...

The latest on Asia-Pacific banks from Fitch Ratings Australian banks' capital positions have been strengthening The extent of improvement and the regulatory capital ratios themselves are understated relative to many international peers Due to a conservative implementation of the Basel capital fra...

Bank of America Merrill Lynch's monthly fund manager survey Its found cash allocations amongst the managers are now at a 15-year high, highest since November of 2001 At 5.7% (was 5...

New Zealand data ANZ Job advertisements for May: +0.2% m/m (prior was +1.8%, revised from1.7%) For the y/y, up 7.2% ANZ commentary...

Gold climbs to highest since July 2014 then tumbles Uncertainty and a Fed that suddenly seems like might not hike at all gave gold an boost early today but it has completely turned around in the second big reversal in a month. The first came three weeks ago...

A mix of stupidity, cold-heartedness and fear Part 1 The all-time classic market rumours cartoon is perfect to illustrate what's happening today. The headlines say something like: UK PM David Cameron suspends EU vote campaigning because of Jo Cox death...

Talk the Brexit vote could be delayed There's a completely unsourced (and very likely untrue) rumour that the Brexit vote could be delayed because of the murder of UK MP Jo Cox today...

UK MP Jo Cox now confirmed dead The murder of UK MP Jo Cox has resulted in the suspension of Brexit-related campaigning so that might be the reasons...

When you go 258 pips, there may be some profit taking. The USDJPY has moved about 258 pips from the highs and reached this low in the process.(see chart below) There was a healthy correction that saw the price test the earlier low at 104.50 and the 38.2% retracement of the move down at 104.527...

This market is disappointing more than England The Australian and Canadian dollars are down more than 1% and now the New Zealand dollar has broken below 0.70. A full-on flight to safety is beginning to emerge...

Labour MP Jo Cox shot today It's unclear if the UK member of Parliament was targeted or became involved in a dispute. The assailant is at large and a witness said he was in his 60s or 70s...

S&P 500 down 12 points to 2058 Let's count the reasons why Strength in the dollar Weakness in oil The lack of action from the BOJ...

EUR/USD is off the lows and has found a new range ahead of the all-important decision by the Federal Reserve. The euro is moving by external factors, influenced by the British EU Referendum more than anything else...

Details of the June NAHN housing market index: Five month high Prior was 58 (unrevised) Single-family sales 64 vs 63 prior Prospective buyers 47 vs 44 prior...