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Sherif Hasan
已发布文章European equities firmer in early trading 29 June
Positive tones following on from the futures market 29 June 2016 FTSE +1.4% DAX +1.2% CAC40 +1.2% FTMIB +1.6...
Sherif Hasan
已发布文章ECB's Constancio says fall in bank stock prices reflects lack of confidence
European Central Bank vice-president Constancio talking to CNBC 29 June Inspired. Just where does he pull these huge insights from?! must wait some days to see market development post- Brexit fundamentals have not changed for banks after Brexit Thanks for popping in. See yourself out...
Sherif Hasan
已发布文章Nikkei 225 closes up +1.59% at 15,566.83
Positive session for Japanese equities 29 June 2016 +243.69 open 15523.35 high 15626.66 15398.31...
Sherif Hasan
已发布文章Data coming up in this session 29 June
Your Economic Data/Events Calendar for today 29 June 2016 Sad news to greet me this morning, as if we needed reminding how fragile is this world of ours right now, and seemingly on a downward spiral. Busy data calendar ahead. As always I wish you a good session. Times GMT...
Sherif Hasan
已发布文章Suicide bomb attack at Istanbul airport leaves at least 36 dead, 140 injured
More details from last night's attack 29 June 2016 My sad duty to report another tragic event, this time at Istanbul's Ataturk airport 3 attackers opened fire near entry point to terminal then blew themselves up PN Binali Yildirim said early signs suggested the so-called Islamic State was behind...
Sherif Hasan
已发布文章WSJ says long-term effect of Brexit is GBP loss of reserve status
Apparently there is this little rainy island off the coast of France, and its currency (big round stones with a hole in it) has 'reserve status' Go figure...
Sherif Hasan
已发布文章What's the chance that UK doesn't Brexit after all?
Nordea says it's 30% Analysts from Nordea on scenarios after the Brexit referendum: In Q4 2016, the new prime minister triggers Article 50 of the EU Treaty by notifying the EU that the UK intends to leave. That opens a two-year window for negotiating a withdrawal agreement...
Sherif Hasan
已发布文章GBP/USD already 200 pips off the lows – sell opportunity or Bregret hopes?
Forex trading is never a one way street. What comes down must come up, at least temporarily. And that is the big question for the pound. The third trading day following the Brexit night sees a positive trend for the pound after huge falls beforehand. GBP/USD is 200 pips off the low of 1...
Sherif Hasan
已发布文章Elliott Wave Analysis: GBPUSD in final stages of a downtrend; 12800/13800 zone could be a potential reversal zone
GBPUSD fell sharply lower last week after vote counts for EU membership showed that the UK wants to leave the Euro zone. The pair fell to a new low which was technically expected as you know since we counted the bounce from 1.3850 as a corrective fourth wave...
Sherif Hasan
已发布文章EURUSD , GBPUSD , USDJPY and XAUUSD TA – June 28 2016
EURUSD Daily Analysis EURUSD (1.105): EURUSD formed a spinning bottom yesterday seeking support at 1.10 with the price action seeing a bullish follow through in early Asian trading today. The gains came after markets started pricing a Fed rate cut this year following the Brexit verdict...
Sherif Hasan
已发布文章Is Draghi hinting of a coordinated central bank response?
ECB President Mario Draghi is speaking in the ECB conference in Sintra, Portugal. Also BOE Governor Mark Carney and Fed Chair Janet Yellen were scheduled to speak but their appearances have been cancelled. The reason is obvious: Brexit...
Sherif Hasan
已发布文章NZD/USD Forecast June 27-July 1
The New Zealand dollar enjoyed good data coming out of the country but but reversed course on the risk-off sentiment related to Britain’s EU Referendum. The upcoming week features 3 local events and the big Brexit decision...
Sherif Hasan
已发布文章EUR/USD recovers in range ahead of EU Summit, US GDP
EUR/USD is trading higher within the recent range of 1.0960 to 1.1070, off the post-Brexit low of 1.0905 but certainly below previous levels. This seems like necessary correction that goes hand in hand with a bounce in the value of the pound...
Sherif Hasan
已发布文章Has GBP/USD stabilized or can it further fall? Two opinions
Following Brexit, the pound suffered quite a bit. However, today we are seeing some stabilization. Can it recover...
Sherif Hasan
已发布文章Nobody wants to push the Brexit Button – Will Bregret lead to Bremain?
Article 50 of the European Treaty triggers fear among British policymakers. It seems that nobody wants to touch it with a barge pole. Will the Bregret turn into a Bremain instead of Brexit...
Sherif Hasan
已发布文章USD/CHF: The Distance Between Two Points
It was quite a surprise when the US Federal Open Market Committee released its statement following the 15 June monetary policy meeting: “…Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed… …Although the...