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Sherif Hasan
Published post France Q1 GDP final +0.6% as exp/flash
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...
Sherif Hasan
Published post BOE's Carney says they will not hesitate to take measures as required
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...
Sherif Hasan
Published post 4 Views that Fed Chair Yellen Shared in Her Testimonies
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...
Sherif Hasan
Added poll Do you think boosting the stock market is on the Fed's agenda?
  • 60% (12)
  • 15% (3)
  • 0% (0)
  • 25% (5)
Total voters: 20
Sherif Hasan
Published post PIVOT POINT - DAILY
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Sherif Hasan
Published post Data coming up in this session 24 June
Here's your economic data/event calendar for today 24 June 2016 Greetings one and all. A momentous occasion as the UK votes for Brexit and I for one am very pleased with the outcome on a variety of levels but the path ahead for the UK will be anything but smooth...
Sherif Hasan
Published post Do these 3 things if you opt to jump on the Brexit train
Brexit odds are rising: GBP/USD is crashing, things are looking cruel as more votes for leave are gaining ground. The initial big fall came from Sunderland after a push from Newcastle. Since then, the pound found some stability but fresh results push things lower. The low so far has been under 1...
Sherif Hasan
Published post USD/JPY crashes and bounces – did the BOJ intervene?
USD/JPY was under pressure together with the strengthening of the Brexit cause. And when it looks more and more real, USD/JPY went all the way down to 98.82. But from there, a bounce to 101.50 is seen. Japanese officials have noted that FX movements are “rough”...
Sherif Hasan
Published post Brexit on the verge of victory – GBP/USD to 1.30?
ccording to various models and TV forecasts, the Leave camp is set to carry the day and win. Results keep on pouring in and while the count shows vote on a knife’s edge, it is clear that Brexit is performing well. GBP/USD is under 1...
Sherif Hasan
Published post UK leaves the EU – it is official – expect more crashes
ITV calls it. The BBC and Sky News follow. It is over. Here is what has happened and what might be seen in the next few days. Things became clearer as the night progressed, with the minimal margin for Remain in Newcastle and the big Leave win in Sunderland...
Sherif Hasan
Published post This is an absolute gamechanger
Never has change come so swiftly and unexpectedly It's over. It's all done but the counting. They'll try to hang the pollsters but who cares. The vote is in and it's wide enough that I don't see any way for Cameron to wiggle out of it...
Sherif Hasan
Published post Nikkei 225 re-opens and posts new session lows. Now down 6.8%
Ugly times for equities in the wake of anticipated Brexit 24 June 2016 lows 15115.38 a few moments ago currently 15166.49 -6.6% USDJPY 101.59 with all eyes on the BOJ after lows of 98.97...
Sherif Hasan
Published post BBC forecasters say Leave have won
News just out ahead of the final results still to come in 24 June 2016 BBC Radio 4 just announcing that the official position of their forecasters is that the UK has voted to Leave the EU. UKIP leader Farage has already made his victory speech...
Sherif Hasan
Published post Another referendum shows how the FX market has completely morphed in the past 20 years
In 1995, Canada's referendum hardly budged the currency market Picture this: Imagine Brexit referendum polls had shown a massive swing towards the Leave side in the final two weeks of the campaign...
Sherif Hasan
Published post The Brexit vote is playing out in the market exactly like the Scottish referendum
Comparing the Scottish referendum vote GBP/USD chart to the current one The reason they write playbooks is because history tends to repeat itself. The Scotland vote took place Thursday, Sept 18, 2014: The UK Brexit referendum takes place today: Thursday, June 23, 2016 What next...
Sherif Hasan
Published post BREAKING Brexit exit poll news!
Livesquawk in conjunction with the Press Association will be conducting a 'turn up, turn out' poll Big big news folks. There are no official exit polls but Livesquawk and the Press Association will be running a form of exit poll...
Sherif Hasan
Published post EURUSD , GBPUSD , USDJPY and XAUUSD TA – June 23 2016
EURUSD Daily Analysis EURUSD (1.133): EURUSD has reversed its previous losses and remains trading at Monday’s open near 1.13359. Further upside is likely if support is found near 1.130 and the previous minor resistance high at 1...