Jiming Huang / Blog
Over the last few days, both Brazilian stocks and the real suffered major losses amid rising heightened uncertainties about the upcoming presidential elections. On Monday, the Bovespa index fell 1.78% to 83,307 points. The 1-month implied volatility also edged above the 20% level to 21.85...
World markets are set to tumble, after a glimmer of hope revived optimism that the US–China trade conflict would calm. US markets rose yesterday, and European marketplaces also climbed. The Euro Stoxx 50 closed at 3’430 (+2.68%), the DAX surged by 2...
The global trade war is moving from myth to reality. Not only is there a lot of talk, tit-for-tat action from the USA, China and EU are on the rise...
Yesterday’s February retail sales disappointed, coming in negative at -0.70% instead of an expected slight gain. Private consumption has declined for three months in a row, and this is the key contributor to economic growth...
During the Asian session, the US dollar lost some ground against the Swissie with USD/CHF easing to 0.9576, down from yesterday high of 0.9597...
Ready to bounce. By Peter Rosenstreich • Bitcoin bearish trend stops after breaking hourly support at 6797 (06/02/2018), currently trading at the 7350 range and expected to...
Manufacturing in Japan is starting to slow down. The Bank of Japan’s Tankan indicator slipped to 24 from 25, its first decline since Q1 2016. The decline is felt in all major sectors, from textile, paper, chemicals, food and metals...
Brexit pain and a cyclical downturn are weighing on the British pound. Markets will react to the latest proposals for a border between the Republic and Northern Ireland. Watch for sterling to lurch negatively, with the GBP/USD failing to break its 50-day moving average and falling to a 0...
South Africa’s central bank confirmed its dovish policy on Wednesday, lowering its interest rate on repos by 25 basis points to 6.50%, its lowest since January 2016. February’s consumer price index shows that inflation is under control at 4% annualised (January: 4...