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Airbus SE (AIR.FR) said that the World Trade Organization ruled the U.S. should immediately reduce the $7.5 billion tariffs authorized in October by around $2 billion...
Market News
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Jiming Huang, 3 December 2019, 12:24
The upsurge of AUD despite expectations from the Reserve Bank of Australia to maintain a wait-and-see approach at today’s monetary policy meeting after a series of three rate cuts appears quite surprising, especially considering last week trading session where the Aussie could barely benefit from...
Market News
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Jiming Huang, 3 December 2019, 12:22
Daimler AG (DAI.XE) said that it plans to cut thousands of jobs world-wide over the coming years to save costs amid heavy investments into emissions compliance and future technologies...
Market News
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Jiming Huang, 2 December 2019, 12:29
Markets sentiment improves following the release of upbeat PMI releases in China for November, in line with positive developments globally that flashed earlier globally...
Market News
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Jiming Huang, 2 December 2019, 12:27
Remy Cointreau SA (RCO.FR) said Thursday that net profit in the first half of the fiscal year increased, buoyed by proceeds from disposals. The French drink maker made a profit of 90.5 million euros ($99.4 million) for the six months ended Sept. 30, up from EUR87...
Market News
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Jiming Huang, 29 November 2019, 13:22
The latest release of data clearly shows that further fiscal easing is undoubtedly needed to try to mitigate the slowdown in private consumption in Japan...
Market News
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Jiming Huang, 29 November 2019, 13:20
In the latest hurdle confronting Boeing Co.'s bid to get its grounded 737 MAX fleet back in the air, federal regulators now intend to inspect and sign off on every jet individually before delivery to airlines...
Market News
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Jiming Huang, 28 November 2019, 12:21
Thanksgiving seems to start on a high note at first sight following the release of a positive GDP revision for third quarter that pictures a stronger US economy...
Market News
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Jiming Huang, 28 November 2019, 12:19
HP Inc. posted lower fiscal fourth-quarter earnings as its printing business remained weak, helping to spur an increasingly acrimonious takeover approach from rival Xerox Holdings Corp. HP said net income fell to $388 million from $1...
Market News
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Jiming Huang, 27 November 2019, 12:33
Unlike its neighbor, the Reserve Bank of New Zealand, which justified its decision to maintain rates unchanged two weeks ago thanks to an apparent rebound in economic activity, the Reserve Bank of New Zealand appears without any arguments that would confirm that the Australian economy is doing we...
Market News
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Jiming Huang, 27 November 2019, 12:31
The development of the Swissie towards depreciation over the past two weeks appears surprising, as risk-off sentiment tends to favor demand for safe havens...
Market News
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Jiming Huang, 22 November 2019, 12:21
Intel Corp. (INTC) issued an open letter to "customers and partners" on Wednesday, offering its apologies for PC CPU shipment delays and saying "despite our best efforts, we have not yet resolved this challenge...
Market News
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Jiming Huang, 21 November 2019, 12:23
ZAR optimism due to market expectations that the South Africa Reserve Bank should stay still and maintain its repo rate unchanged at 6.50% is probably inappropriate following the latest Fed minutes and considering growing risks in the economy...
Market News
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Jiming Huang, 21 November 2019, 12:19
According to media reports, provisions on commodity purchases, market access to financial services, and currency transparency have been completed...
Market News
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Jiming Huang, 20 November 2019, 13:21
The geopolitical standoff between US and China has made the business of traders anticipating demand for safe haven JPY in a risk-off environment as positive headlines on the front of the automotive industry after the expiration of the deadline due by the Trump administration to trigger Section 23...
Market News
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Jiming Huang, 20 November 2019, 13:18
The Set files for 16 Forex Pairs for Money Magnet Grid EA...
Currency
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[Deleted], 20 November 2019, 00:40
In a world that is increasingly connected, the impact of geopolitical events—such as the global trade conflict, the upcoming US Presidential election, Brexit, political discord in multiple regions—is weighing on investors globally, causing the majority to feel uncertain...
Market News
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Jiming Huang, 19 November 2019, 12:19
The surprising dovish bias from the Reserve Bank of Australia is weighing on the Aussie as market participants are finally expecting that further monetary policy easing is on its way. Despite the recent change in stance, we still anticipate the RBA to cut its Cash rate to 0...
Market News
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Jiming Huang, 19 November 2019, 12:16
The move looks surprising at first sight, as market participants would expect upcoming US – China phase one trade deal signature along with a partial tariffs rollback to ease tensions between both nations, a trend that should ultimately support economic activity...
Market News
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Jiming Huang, 18 November 2019, 13:11
Despite the less-than-promising macro backdrop and the uncertainty caused by US-China trade tensions, onshore Chinese equities have rebounded by over 30% this year and outperformed other Asia markets...
Market News
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Jiming Huang, 15 November 2019, 13:21