Sherif Hasan / Profil

Double bubble Bullard Mismatch between markets and Fed dot plot is causing distortions in global markets Best thing for Fed to say is that the economy is not likely to change much in the foreseeable future Fed should acknowledge that the economy won't change much without an outside shock Fed shou...

US stock market open 17 June 2016 S&P -6pts to 2071 Dow -54pts to 17676 Nasdaq -26pts to 4818 US 10 year yields 1.60% -2bp...

All eyes are open but... In golf they talk about being committed to the swing. In trading? Do you have a conviction. Adam speaks a lot about fundamental convictions. In fact, he will be speaking fundamentals at the ACT traders course starting on June 24...

Bloomberg picking up comments from MNI There is some upside potential to inflation than forecasts show Measures from March are still new and mon pol has long lags Focus is now on near term developments We need all incoming data in the next months before deciding...

YoY 1.5% vs 1.6% est. Core YoY 2.1% vs. 2.1% Canada CPI NSA for the month of May came in at 0.4% vs 0.5% estimate. The YoY came in at 1.5% vs. 1.6% est and 1.7% last month. So each was 0.1% weaker than expectations. The core numbers came in as expected at 0.3% and 2.1% respectively...

Details of the May 2016 US housing starts and building permits data report 17 June 2016 Prior 1.172m. Revised to 1.167m Building permits 1.138m vs 1.150m exp. Prior 1.130m Starts don't drop as much as expected and permits miss but gain from last month...

Russian president Putin making a keynote address 17 June 2016 EU remains key trade partner for Russia EU business leaders want to work with Russia starting talks with EU on technical cooperation as first step to restoring relations On the Russian economy...

BMG Research have had their fair share of attention this week 17 June 2016 The pollsters were due to release their latest findings today but, with general co-operation and some sensitivity to yesterday's awful events along with a suspension of campaigning from both sides will now publish at 01...

USD/JPY took a deep dive to 104 and below on the lack of action from the Bank of Japan. This may well change next month, with fiscal and monetary stimulus in play...

St Lous Fed head Bullard back on the wires 17 June 2016 maybe even more than 30 months Oh no, Bully the Bore is going to give my typing fingers a real end of session test! economy may have slipped into slow-growth mode where appropriate Fed policy rate is 0...

The British pound continues suffering and finally broke down below the 1.41 handle. It now faces strong support, and not at the round level. Here are 3 Brexit-related updates and the levels to watch: Update: the tables have totally turned with the tragic murder of MP Jo Cox...

Canadian Core CPI, is considered on of the most important inflation indicators. Core CPI excludes the most volatile items which are included in CPI, hence it is considered a more reliable measurement of inflation...

The impact of the EU Referendum goes well beyond the shores of the UK but impacts many other currencies...

Forget playing the numbers game in guessing the percentage moves in markets Picking a number is a folly at the best of times. So and so bank says the pound will move 10% one way on an exit, or 5% the other way on a remain, that's great but the numbers aren't tradable...

It's been a session of two-way business again for the pound 17 June 2016 Earlier I highlighted the decent offers/resistance between 1.4300-30 and dip demand on EURGBP and we've duly seen a retreat from 1.4312, and a rally, and another retreat. GBPUSD currently 1.4238 with EURGBP back above 0...

As always traders will be keen to feed off any scraps but the speech is at an awards ceremony and not necessarily key-note. That's not to say though that Magic Mario isn't capable of pulling something out of the hat so we'll see what transpires...

IMF MD Lagarde up to the rostrum 17 June 2016. Reuters reporting Says Lagarde: " I guarantee the euro will continue to have a solid space of range in currency reserves" nostalgic utopia of the past is a serious danger in Europe time to confront negative vision on Europe...

Q1 2016 Eurozone wage and labour costs data 17 June 2016 Q1 labour costs 1.7% vs 1.3% prior Alongside falling unemployment we're seeing wages and costs starting to creep up. Maybe the next ECB move will be to taper QE ;-) Q1 2016 Eurozone labour costs...

Reuters reporting SocGen have sent a letter to clients to warn about possible gaps in pricing and liquidity surrounding the UK referendum vote. After the SNB they've got good reason to be cautious over what is a huge event...