Sherif Hasan / Blog
Ewald Nowotny having his say We have hundreds of millions of euros to use against insufficient liquidity Is seeing stabilisation in markets after initial surprise If banks have Brexit trouble we will provide liquidity For now the initial reaction looks to have run its course...
A whole series of comments from various corners of the globe 24 June 2016 Russian central bank closely following markets Norwegian fin min - Brexit could drag down growth, must expect market turmoil Danish central bank head- have tools needed to defend EUR peg, will do whatever required Italian e...
Swiss National Bank confirm they have been active during Brexit outcome 24 June 2016 will continue to monitor and act when necessary No surprises as I highlighted the base case scenario in one of my earlier posts. On EURCHF I wrote: "While 1...
Brexit campaign leader and potential UK PM makes his press statement 24 June 2016 UK can find a voice in the world equal to that of 5th largest economy people in UK have spoken up for democracy in Britain and Europe Not everyone Boris but a majority at least...
Scotland's First Minister Nicola Sturgeon out on the wires 24 June 2016 wants to secure Scotland's place in EU Second Scottish independence referendum here we come if parliament judges 2nd referendum is best way to stay in EU then it must be held before end of EU exit talks 2nd referendum now hig...
The political snowball is starting to roll Cameron choosing to step down shows the inherent problem with this great country. So what if he was wrong in the path he chose? At least he stood up for his beliefs. I can't say I held huge respect for him but I hold even less now...
France Q1 GDP final release now published yy +1.3% vs +1.4% exp/flash Data out a short while ago but not changing anything. Posting for info...
Bank of England governor Carney now up to the rostrum as expected 24 June 2016 BOE ready to provide GBP 250bln of additional funds economic adjustments will be supported by resilient banking system Yes because they've been shoring up their defences with cheap money rather than lend it on...
Let’s sit back and take stock on some of the major points that Fed Chairperson Yellen had made in two straight days of testimonies, shall we? Specifically, let’s take a look at Yellen’s views on the U.S. economy, the possibility of a Brexit, monetary policy, and the U.S. stock market...