Jiming Huang / Blog
Chinese economy has proven itself robust last month. Showing signs of continuous progression in manufacturing production following Chinese New Year, Chinese January PMI was at 51.3, slightly weaker than December (51...
EUR/CHF came under renewed selling pressure yesterday in the late afternoon as it slid from 1.1637 to 1.1554 before consolidating at around 1.1570...
US stocks had a poor performance during the last two days, with a performance of -1.43% for Nikkei 225, -1.37% for Dow Jones and -1.09% for S&P500...
Its widely expected that the FOMC will hold policy steady and signal that the next likely interest rate hike will come in March. Therefore, the focus will be on the language around the meeting...
Friday’s Preliminary 4Q 2017 US Gross Domestic Product publication is deceiving and lies below expectations at 2.60% (consensus: 3.0%; real GDP at 2.30% and +1.50% in 2016) while December core PCE Y/Y stands at 1.50% (3Q: 1.35%), signaling a relatively weak performance, lower than 3Q GDP of 3.20...
After recovering during the weekend, the price of Bitcoin has reversed momentum since Monday, sliding 6.10% from $11,770 to $11,040. Following early January dell-off – and just like Bitcoin - the entire crypto-market has been trading sideways since mid-January...
This week comments by the US administration in Davos have weakened the USD, and remarks made by Mario Draghi at the European Central Bank press conference strengthened the euro...
Recently providing December 2017 CPI Y/Y at 3.0% (on line with expectations), December Retail Price Index at 278.1 (consensus: 277.6), December PPI at 0.4% (consensus: 0.2%) and November Unemployment Rate at 4...
EUR/USD took a roller coaster ride over the last 24 hours as US Treasury Secretary Mnuchin and President Trump made opposite comments about the greenback, while the ECB was holding its first press conference of the year...