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Sherif Hasan
This series of blog posts is designed to give you a truly beneficial insight into what Forex is and more importantly how we can make a regular income from it. Any story begins with the start – so let’s dive straight in and take a look at what Forex actually is...
Sherif Hasan
Published post Eurozone M3 money supply May yy +4.9% vs +4.85 exp
Eurozone M3 money supply report 27 June 2016 4.6% prev household lending growth yy+1.6% vs +1.5% prev non-fin corp lending +1.4% vs +1.2% prev M3 still heading in the right direction which will please ECB. What remains to be seen though is actually where it's filtering into...
Sherif Hasan
Added poll What's your current trading bias on the pound?
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18% (5)
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11% (3)
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18% (5)
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18% (5)
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36% (10)
Total voters: 28
Sherif Hasan
Published post 4 Things Traders Need to Know About Brexit Vote
What a day for the British and the market players! After months of twisting, pulling, and in some cases shouting, Britain has officially voted to LEAVE the European Union...
Sherif Hasan
Added poll How do you feel about Britain voting to leave the EU?
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24% (4)
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29% (5)
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12% (2)
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18% (3)
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18% (3)
Total voters: 17
Sherif Hasan
Published post More from Osborne: No emergency Budget at this time
UK fin min Osborne now in Q&A session 27 June 2016 there will be need for action in the Autumn to address public finances Pre-Brexit he was scaring people that an emergency Budget would be needed with pension and welfare cuts...
Sherif Hasan
Published post Osborne says the UK is ready to confront the future
UK finance minister Osborne making his scheduled statement 27 June 2016 market volatility will likely continue UK economy will have to adjust UK growth has been robust contingency plans are in place...
Sherif Hasan
Published post A reminder than UK's Osborne speaks at the top of the hour
UK finance minister George Osborne makes a statement at 06.00 GMT before UK markets officially open 27 June 2016 Eamonn gave you the heads-up earlier. We can expect Osborne ( a Remain campaigner and under pressure to resign, as his PM has done) to try and calm the markets in the wake of Brexit...
Sherif Hasan
Published post Data coming up in this session 27 June
Here's your Economic Data/Event Calendar for today 27 June 2016 Greetings one and all. I hope everyone got a chance to get some rest after last week's tumultuous events. Data wise it's quiet one today but I have the feeling the market won't be...
Sherif Hasan
Published post Four candidates nominated to be next RBI governor
PM Modi has announced his short-list for candidates to be next Reserve Bank of India governor 27 June 2016 3 economists, 1 banker Urjit Patel, Rakesh Mohan, Subir Gokarn, Arundhati Bhattacharya Modi keen to select RBI's first MPC with inputs from outgoing gov Rajan Rajan expected to join search c...
Sherif Hasan
Published post PM Key says NZ economy unlikely to suffer from Brexit decision
New Zealand PM John Key addressing a news conference 27 June 2016 NZ has work to do on trade arrangements Govt has had assurances that trade access won't change for now too early to tell how international finance markets and hence funding costs for local banks will be affected the RBNZ would says...
Sherif Hasan
Published post Ex-BOJ's Momma: Countries can intervene in FX if necessary
Kazuo Momma (was the BOJ's executive director overseeing international affairs, until May) It is shared G7, G20 understanding that countries can take various steps, including fx intervention, if necessary Cannot set in advance specific pace of FX moves that justify intervention Don't see need for...
Sherif Hasan
Published post Don't Buy EUR/USD At Current Levels - Credit Agricole
Credit Agricole on the euro We expect the single currency to remain subject to downside risks...
Sherif Hasan
Published post China's Premier Li: Global trade growth is weak
China's PM Li Keqiang speaking: Global trade growth is weak Brexit has increased uncertainty in the global economy Structural reforms needed for global economic recovery More...
Sherif Hasan
Published post AUD/USD Forecast June 27 – July 1
AUD/USD showed strong volatility late last week, but ended the week almost unchanged, at 0.7448. There are six events this week. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD...
Sherif Hasan
Published post EUR/USD Forecast June 27-July 1
EUR/USD was hit hard on the British decision to leave the EU. This was certainly not priced in and many questions are left open. Will we see more falls? Apart from the Brexit fallout, we have elections in Spain,, inflation figures and more PMIs...
Sherif Hasan
Published post Further GBP Downside; Sharp FX Moves Next Few Days – Goldman Sachs
After the Brexit, we had a sharp fall of the pound with a significant bounce...
Sherif Hasan
Published post Brexit: An Ugly Aftermath; Don’t Catch GBP Falling Knife – BofA Merrill
After Brexit won, we had huge volatility. However, it is far from over as scrambling continues around European capitals. And also for the pound things could get ugly...
Sherif Hasan
Published post After the UK Brexit it's now time for Spain to vote, again
Voting is now underway in Spain's latest General Election 26 June 2016 Spain heads back to the polling stations again today a result of last December's election failing to produce a stable government. Attempts by acting PM Rajoy and then the opposition parties have all been unsuccessful...
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