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Bank of England MPC meeting Minutes now poublished 16 June 2016 fall perhaps sharply after a vote to Leave due to worsening terms of trade, lower productivity, higher risk BOE now finally getting the picture that all is not well regardless of Brexit outcome of EU referendum biggest immediate risk...
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Sherif Hasan, 16 June 2016, 13:11
Details of the Bank of England's MPC monetary policy announcement June 2016 Prior 0.50% Finished QE £375bn Full statement; Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion16 June 2016​Monetary policy summary...
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Sherif Hasan, 16 June 2016, 13:09 #Bank of England
Today’s Main events will be the BoE’s Monetary Policy Summary & Meeting Minutes, early in today’s New York session, followed later in the session by US Consumer Price Index, which will be highly influential in regards to expectations and the likelihood of a July hike by the Fed...
Trading Systems
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Sherif Hasan, 16 June 2016, 13:02
Swiss National Bank head still up to the rostrum 16 June 2016 no advice to offer over BOE's reaction to a vote for Brexit have confidence in Carney I wonder if the feeling is mutual ? Secret Squirrel Jordan giving joint policy co-ordination a big thumbs down. Again...
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Sherif Hasan, 16 June 2016, 12:55
Bank of England governor Carney replies to recent criticism 16 June 2016 After many months of fending of accusations of bias BOE gov Carney has now hit back directly at those in the Leave campaign who have today warned him of intervening in the debate...
Analytics & Forecasts
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Sherif Hasan, 16 June 2016, 12:52
Daily economic digest from Stay informed of the key economic events Thursday, June 16th USD/JPY reached the lowest levels since Sept 2014 at 104.01 spot. After Fed as well as BOJ left their interest rates unchanged, the pair has found herself under bearish pressure...
Analytics & Forecasts
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EEAnalytics, 16 June 2016, 12:26
Analysis : Channel Down identified at 15-Jun-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.88 within the next 3 days. Supporting Indicators : RSI below 40 Resistance Levels...
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Lahcene Ouled Moussa, 16 June 2016, 12:18
Ignazio Visco stating the obvious Ideally the output gap would be addressed via investment The ECB doesn't want monetary policy to be the only game in town (bit late for that chummy) ECB mon pol has substantially reduced the deflation risk...
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Sherif Hasan, 16 June 2016, 10:59 #ECB
Details from the May 2016 UK retail sales data report 16 June 2016 Prior 1.3%. Revised to 1.9% 6.0% vs 3.9% exp y/y. Prior 4.3%. Revised to 5.2% Ex-fuel 1.0% vs 0.3% exp m/m. Prior 1.5%. Revised to 2.0% 5.7% vs 3.8% exp y/y. Prior 4.2%. Revised to 4.8...
Market News
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Sherif Hasan, 16 June 2016, 10:47
German IFO institute out with their latest school report 16 June 2016 The Ifo Institute expects real gross domestic product to grow by 1.8% this year and by 1.6% in 2017. This would further reduce the output gap, which will almost close next year...
Market News
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Sherif Hasan, 16 June 2016, 10:45
European Central Bank out with its monthly bulletin 16 June 2016 stimulus from existing measures to have more impact Blimey, all go this morning. Is it time for the football yet? Full release here ( basically a re-hash of the Draghi ECB meeting statement...
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Sherif Hasan, 16 June 2016, 10:24 #ECB
Swiss National Bank chairman Jordan with his press conference 16 June 2016 Brexit vote may cause uncertainty, turbulence will monitor situation closely and act if required franc remains significantly overvalued neg rates absolutely essential tool...
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Sherif Hasan, 16 June 2016, 10:13
Swiss National Bank statement following the rate hold decision 16 June 2016 franc significantly overvalued Brexit concerns causing uncertainty and may increase Here ya go. As per printed programme. expects moderate growth in global economy to sustain over the coming quarters...
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Sherif Hasan, 16 June 2016, 10:10
Swiss National Bank out with their latest interest rate decision 16 June 2016 3-month lower target LIBOR -1.25% 3-month upper target LIBOR -0.25% sight deposit rate -0...
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Sherif Hasan, 16 June 2016, 10:08
Japan government spokesman across the wires. 16 June 2016 will pay even closer attention than usual and act if needed Bring it on then Suga. Put the call in. Put up or shut up. wants BOJ to continue to work toward inflation target...
Market News
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Sherif Hasan, 16 June 2016, 10:07
Bank of Japan governor still up to the rostrum 16 June 2016 BOJ policy not to underwrite govt spending but to achieve price stability excessive yen moves could have impact on prices BOJ closely watching fx, fin market moves we are not conducting mon pol in sync with fx moves...
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Sherif Hasan, 16 June 2016, 09:20
BOJ governor turns his attention to FX rates 16 June 2016 will monitor moves carefull yen gains that don't reflect economy undesirable various ways to respond to surge in dollar cost always checking dollar funding costs for Japanese banks...
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Sherif Hasan, 16 June 2016, 09:07
Bank of Japan governor still at the press conference 16 June 2016 Brexit affecting drop in bond yields The Brexit-blame card now appearing, not for the first time today I'm sure with SNB and BOE to follow. BOJ in close contact with CBs including BOE Oh to be fly on the wall...
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Sherif Hasan, 16 June 2016, 08:57
US ratings agency out with their post-BOJ verdict 16 June 2016 Fitch Ratings has today revised the rating Outlooks for Mitsubishi UFJ Financial Group, Inc. (MUFG) and its subsidiaries, Sumitomo Mitsui Financial Group, Inc. (SMFG) and its subsidiaries, Mizuho Financial Group, Inc...
Market News
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Sherif Hasan, 16 June 2016, 08:15
Soft tones again for European equities as the Nikkei posts big losses 16 June 2016 DAX futures -1.7% CAC40 -1.1% FTSE -1.1% Expect yen safe-haven demand to continue if equities continue to wobble, perverse as it may be...
Market News
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Sherif Hasan, 16 June 2016, 08:13