Jiming Huang / Blog
In energy: when prices move, things happen. After months of nothing, the recent, sudden rise in crude prices had made a mega-merger happen. On 30 April Marathon Petroleum agreed to acquire US independent Andeavor to create the largest US refiner by capacity and one of the top five globally...
Strengthening. By Peter Rosenstreich • Bitcoin rise started in mid April continues, currently trading above 9100 and heading along the 9425 range. Bitcoin bearish pattern started in...
On Monday morning, the US dollar consolidated last week’s gains, while crude oil slid further and equities inched higher...
Weakening against the single currency since August 2017, the Swedish krona takes a kicking, especially since the beginning of the year, depreciating by 9.62% and 6.78% respectively...
The US dollar finally took its revenge as it reversed the last few weeks’ losses against all its G10 peers. On last trading day session of the week, the buck rose 0.25% against the euro, the Kiwi and the Aussie...
The Swiss National Bank reported a substantial loss for the first quarter 2018 as capital markets experienced a stormy environment, while the Swiss franc started the year off the wheel...
Known for its strong trade balance surplus, Switzerland is giving signs of deceleration for Q1, though Swiss watch exports continues its expansion for five consecutive months, valued at 4.80% (CHF 1.67 billion), largely above 6-year average of -0.50% (due to mid-2015 – 2016 export decrease...
The greenback continued to extend gains on Wednesday amid an upside shift in the US Treasury curve. Since the beginning of the week, the buck appreciated against all major currencies, with EM currencies taking the biggest hit. The Mexican pesos tumbled more 1.90% as USD/MXN rose to 18...