Jiming Huang / Blog
Financial markets always tend to closely monitor German’s economic data not only because the country is always acting as the locomotive of the European economy but also because the current political uncertainties currently occurring in Germany...
Investors have been waiting for months for a USD rally. Expectations have kept building up as investors expected that the combination of tighter monetary policy, sustained gains in the jobs market and a tax reform would trigger a dollar rally. Unfortunately, it didn’t unfold as expected...
According to the Fed meeting minutes released yesterday, interest rates will be raised in the “near term”. Markets’ expectations regarding a rate hike have not changed much and are still standing above 90%. The fed was clearly not in a hurry to send a very hawkish signal...
It is going to be a quiet day in the stock market day as US financial markets are closed in observance of the Thanksgiving Day holiday. In addition, markets will close earlier on Friday...
The precious metal is pushing higher. Later last week, Gold challenged $1300 before bouncing lower. The momentum is largely bullish, which underpins global uncertainties. In particular geopolitical uncertainties are strong for the future...
Looks like stock Christmas rally has already begun (although some would argue it never stopped). The World MSCI has now hit the highest level since March. While VIX index has declined to near historical lows (EURUSD 1 month volatility and US treasury yields are also falling last week’s spike...
There is major political crisis that is happening now in Germany. Angela Merkel, the German Chancellor is unable to build a majority within the Bundestag. The coalition that Merkel was trying to build with the liberals and the ecologists has failed...
The Australian dollar extended losses on Tuesday morning with AUD/USD testing once again the 0.7530 support area. The publication of the November RBA minutes showed, as expected, that the central bank maintained its dovish tone...
$10'000 very soon. (By Yann Quelenn) • Bitcoin has broken the $8000. The technical structure shows a tremendous positive shortterm momentum. Hourly support is located at...