Jiming Huang / Blog
Pivot (invalidation): 1.2200 Our preference Long positions above 1.2200 with targets at 1.2240 & 1.2270 in extension. Alternative scenario...
Pivot (invalidation): 1.0970 Our preference Long positions above 1.0970 with targets at 1.1000 & 1.1015 in extension. Alternative scenario...
We set out our longer-term outlook for US-China trade relations applicable up to the November 2020 presidential election in our latest Global Risk Radar publication. Our base case, to which we assign a 50% probability, is for only modest progress in this round of talks...
Recent developments have put market participants in a difficult situation, wavering whether the US-China trade war as well as current geopolitical headlines or the publication of Fed minutes in a context of weakening economic activity should prevail...
Pivot (invalidation): 52.80 Our preference Short positions below 52.80 with targets at 52.15 & 51.80 in extension. Alternative scenario...
Pivot (invalidation): 17.6100 Our preference Long positions above 17.6100 with targets at 17.8500 & 18.0000 in extension. Alternative scenario...
Pivot (invalidation): 1498.00 Our preference Long positions above 1498.00 with targets at 1516.00 & 1519.50 in extension. Alternative scenario...
Pivot (invalidation): 2920.50 Our preference Short positions below 2920.50 with targets at 2878.00 & 2856.00 in extension. Alternative scenario...
Pivot (invalidation): 12055.00 Our preference Short positions below 12055.00 with targets at 11880.00 & 11804.00 in extension. Alternative scenario...