Sherif Hasan / Profil

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...

A burning question that arose in the aftermath of the February 2016 G20 meetings in Shanghai is whether the G20 members secretly instituted a "Plaza Accord" agreement to intervene and stem the rise of the U.S...

So says Bank of France governor and ECB governing council member Villeroy speaking to Welt am Sonntag 12 June 2016 primarily the BOE would have to respond to possible Brexit "but if necessary the ECB is ready to act" Brexit would have consequences for London as financial centre Joint intervention...

Commerce Ministry out earlier with China's May Foreign Direct Investment data 12 June 2016 +6.0% prev yuan 56.77 bln ($8.89bln) Jan-May yy +3.8% yuan 343.55 bln ($54.19bln...

UK bookmaker listening to the opinion polls 11 June 2016 previous implied volatility 78% The move comes after yesterday's ORB poll for The Independent newspaper that Greg reported, showing the Leave vote ahead on 55% vs Remain 45...