Jiming Huang / Blog
The world’s second largest economy grew at the steady pace of 6.8%y/y in the first quarter of 2018, in line with estimates, and making it the third-straight quarter of 6.8% expansion. Industrial production came in slightly on the soft side in March, printing at 6.0%y/y versus 6...
Bitcoin has surged more than US$1,000 from below $7,000 to around $8,050 in a bizarre surge that follows months of bearish consolidation. Its rise is pulling the rest of crypto sector higher. Technicians say the technical break of $7,450 triggered a surge in Bitcoin buying...
Reserve Bank of India (RBI) monetary policy meeting decision to maintain its key rate at 6% last Thursday rather than reduce it by 25 basis points shows that it got it right. Indian inflation was contained during first quarter 2018 period, with March consumer price index given at +4...
Bitcoin has surged more than US$1,000 from below $7,000 to around $8,050 in a bizarre surge that follows months of bearish consolidation. Its rise is pulling the rest of crypto sector higher. Technicians say the technical break of $7,450 triggered a surge in Bitcoin buying...
Reserve Bank of India (RBI) monetary policy meeting decision to maintain its key rate at 6% last Thursday rather than reduce it by 25 basis points shows that it got it right. Indian inflation was contained during first quarter 2018 period, with March consumer price index given at +4...
When will the European Central Bank tighten money? Austrian Ewald Nowotny, one of its governors, said yesterday to Reuters that the ECB should get on with it now: hike interest rates and stop buying bonds. The ECB then disowned the remarks...
Under Brexit pressure to split by December 2020 and uncertainty about the Irish border, the UK economy is in turmoil in Q1 2018. February month-to-month industrial and manufacturing production output was weak at +0.10% and -0.20% (prior: +1.30% and 0...
After March elections and the slow process of forming a government, the Italian economy is showing signs of weakness. A slowdown in February’s producer price index and industrial production month-to-month of 0.30% and -0.50% (prior: 0.80% and -1...
Amidst all the noise, subdued inflation and solid global growth are good for selected emerging-market currencies: MXN, THB, INR, IDR and ZAR should be bought on the dips. Trade-war fears eased on Chinese President Xi Jinping's conciliatory, optimistic remarks at the Boao Forum for Asia...