Sherif Hasan / Profile

Japan's Deputy chief cabinet secretary Seko: Desirable for UK to stay in EU Government closely watching markets including impact from UK referendum No comment on specific FX levels related to Brexit vote There are volatile moves in financial markets...

Via Bloomberg comes this on the Federal Reserve from Goldman Sachs GS expect the Fed to downgrade long-run target rate of its hiking cycle by 25 bps to 3% This would lead to a weaker USD It would be 3rd time since September of 2015 the Fed has cut its long-run target rate GS add that if, however...

Here's your data calendar for today 15 June No prizes for guessing the main event later but ahead of the FOMC we have a fairly busy data schedule to throw into the current heady mix. As always I wish you a good session. Times GMT...

The EU referendum looms ever larger ( in case you've been on Mars for the past 6 months) 15 June 2016 Much conjecture still on what the fall-out would be, both for the pound and the UK/EU/global political/financial landscape on a result either way...

The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...

FOMC preview from Bank of America Merrill Lynch Between weaker May jobs data and uncertainty ahead of the UK referendum on EU membership, the markets have completely priced out any chance of a June rate hike...

It is the confirmation or denial of a trend that determines whether an investor will sit tight today and hold his or her position or decide to enter or exit an issue that could be long or short the market...

Federal Reserve chair Janet Yellen has gone on record saying that a British vote to leave the European Union (or, Brexit) would have consequences that will ripple through the global economy and financial markets...

Iran says oil exports at 2.31 million barrels per day but shipping data differs Reuters today reports that Iranian oil exports hit a four year high at 2.31 million barrels per day, citing unidentified people. That's up 100,000 bpd from May. Other sources differ wildly...

Business inventories were slightly below estimates Slow inventory building could see US Q1 GDP revised to +0.9%, according to JP Morgan. That's after a slightly downward revision to March inventories. They also added a downside bias to their Q2 GDP forecast of 2...

Russian hackers stole databases and completely compromised systems The Washington Post is reporting that Russian spies gained total access to top Republican and Democratic computer systems and databases...

Retail sales weren't strong enough to trigger Fed fears Gold is slightly lower after four days of gains and six day in the past seven. The climb began after a weak non-farm payrolls report pushed back expectations for a Fed rate hike...

European stock market close 14 June 2016 FTSE -2.0% Cac -2.3% Dax -1.4% Ibex -2.1...

The FOMC decision is at 2 pm ET (1800 GMT) on Wednesday The WSJ has 5 things to watch for at the Fed meeting. The assessment of the domestic economy will likely downgrade employment Brexit worries are likely to be address in the statement or press conference Sliding inflation expectations...

The USD remains a bullish currency in the longer-term, however the latest NFP report in addition to Brexit contagion risks, have seen bearish sentiment on the USD. Whether this USD sell-off continues or not will depend on incoming data and Fed’s members perspective of that data...

As of 2016, China is the largest economy in Asia and the world’s second-largest economy in terms of nominal gross domestic product (GDP) at approximately $11 trillion. Although China’s GDP grew at 6.9% in 2015, this was its lowest growth rate in 25 years...

Schweizerische Nationalbank, or Swiss National Bank (SWX: SNBN), Switzerland's central bank, is responsible for conducting national monetary policy in pursuit of a stable price environment broadly beneficial to the country and conducive to economic growth...

The trend of weakness in corporate earnings is likely to continue in 2016. The most recent corporate earnings report from the Bureau of Economic Analysis for the first quarter showed after-tax profits down 3.6% from the first quarter of 2015. A negative 3...

PIMCO's forecasts call for 5.5 to 6.5% growth in Chinese gross domestic product (GDP) in 2016. This figure is above the global average but substantially lower than China's performance over the preceding decade...