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The recent release of European elections results, although mostly feared by most investors, finally came in better than expected...
Market News
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Jiming Huang, 28 May 2019, 13:29
Despite the tense situation on the international stage, the latest batch of economic data from Switzerland surprised to the upside. However, the Swiss franc failed to catch any bid as it traded sideways against the greenback around 1.0040...
Market News
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Jiming Huang, 28 May 2019, 13:28
Today, the market activity will be limited due to the US holidays. Bitcoin rallied to $8’700 on the back of rising concerns over US and China trade tensions. Asia shares were mixed, yet Shanghai fell on Chinas industrial firms fell in April, highlight slowing growth...
Market News
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Jiming Huang, 27 May 2019, 12:34
World equities recovered slowly on Friday morning amid hopes that Donald Trump and Xi Jinping find common ground on and move forward with trade negotiations...
Market News
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Jiming Huang, 24 May 2019, 13:38
European elections results published on Sunday are most likely to cause torments on the marketplace while market holidays in the US and the UK on Monday should have an impact on liquidity. The recent bounce in GBP/USD from 1...
Market News
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Jiming Huang, 24 May 2019, 13:37
Ensuring its seat as South African President, Cyril Ramaphosa is facing challenges looking forward...
Market News
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Jiming Huang, 23 May 2019, 13:37
The European Parliament's elections started today in the Netherlands and the UK. Results will not be broadcast until Sunday evening when all EU counties had time to vote. In the UK, conservatives are expected to drop further with the biggest winner being the Brexit party...
Market News
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Jiming Huang, 23 May 2019, 13:35
The moment of truth is approaching for Modi's National Democratic Alliance as federal election results are released on Thursday...
Market News
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Jiming Huang, 22 May 2019, 13:29
The relief in AUD following the surprising reelection of PM Scottt Morrison conservative coalition for another four years was short-lived, as convictions of investors that the Reserve Bank of Australia will be cutting its Cash rate by 0...
Market News
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Jiming Huang, 21 May 2019, 13:27
Escalated tensions between the US and China remain the dominant driver in financial markets. Risk aversion overnight was reduced as the US Commerce Department stated it would provide temporary licenses for U.S exports to Huawei...
Market News
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Jiming Huang, 21 May 2019, 13:26
A lull on the front of negative trade war headlines are giving markets a little pause. JPY extends decline for a third session, pushing USD/JPY back above the 110 level (USD/JPY: +0.37% year-to-date...
Market News
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Jiming Huang, 20 May 2019, 13:44
Despite rising frictions with Iran or an escalation of trade dispute with China, it seems that the kiwi is trading the opposite way. Although a risk-off sentiment dominates the marketplace, with safe-haven in demand, the New Zealand dollar remains in gain territory...
Market News
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Jiming Huang, 17 May 2019, 13:24
Worries over U.S economic sanctions on Huawei and spillover effect on trade negotiations. China has communicated to retaliate against Thursdays Trump moves forward with an executive order to ban Huawei equipment from U.S networks. Breakdown in US-China communication hurt Chinese indices...
Market News
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Jiming Huang, 17 May 2019, 13:23
The Australian dollar slid to the lowest since January 21st 2016 - if we discard the flash crash from January 2nd this year – amid disappointing job figures. The Australian dollar fell as low as 0.6893 against the greenback after the unemployment rate rose to 5...
Market News
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Jiming Huang, 16 May 2019, 13:50
After reaching its highest range in early May amid hopes of a swift arrangement between both leading parties Conservatives and Labor, it appears that the British pound loses sight...
Market News
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Jiming Huang, 16 May 2019, 13:49
Market participants are looking closely for signs of a recovery in economic growth in the euro area, as 1Q 2019 GDP figures are released this morning. Although considering yesterday release of ZEW sentiment indicator for May pointing to -1.6 (prior: 4...
Market News
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Jiming Huang, 15 May 2019, 13:32
Things have not taken the turn expected by investors. The rise of US trade duties on Chinese products pushed Chinese authorities to take a similar step and impose additional tariffs ranging from 5% to 25% on a total of $60 billion-worth US products such as natural gas, vegetables or cosmetics...
Market News
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Jiming Huang, 14 May 2019, 12:51
Investors almost forgot about crypto-currencies as the crypto-winter kept prices low. At the end of the month of March, Bitcoin price were stalling below the $4,000 threshold as the outlook for this emerging asset class remained clouded...
Market News
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Jiming Huang, 14 May 2019, 12:50
Global equities fell across on the board on Monday as investors await the details of US tariffs on $300 billion worth of Chinese imports. European shares followed Asia’s lead with the German DAX sliding 0.80% to a fresh monthly low...
Market News
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Jiming Huang, 13 May 2019, 13:37
WTI is now building a base above the $60 handle. Looking forward we anticipated that crude oil will continue to firm over the summer. Our expectation for tighter market conditions is based on demand from US summers driving season and low gasoline inventories...
Market News
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Jiming Huang, 10 May 2019, 13:55