Jiming Huang / Blog
What was expected to have been a bold declaration of independence turned out to be a weak statement. Catalan’s President Puigdemont held back from a total declaration of independence merely stated that he had the right to do so...
The week has been pretty light in term of economic data so far. Today is different as the minutes of the September FOMC meeting are due for release later today...
Silver has strongly bounced back since the start of October and is back above 17$. The precious metal has been very volatile lately. The price of precious metals such as Gold and Silver have been weighed down by the number of “paper” contracts banks have used and abused over the last decade...
We suspect the markets is underestimating the risk involved with the Catalonia independence movements. EURUSD 1 month implied volatility continue to decline despite potential event risk. Markets generally price the most obviously path of events...
After experiencing a solid recovery in the second half of September the US dollar reversed gains, partially at least, and started the week on the back foot. The dollar index traded as low as 93.43 before inching up to 93.54 in late Asian session...
The Australian dollar held steady on Monday morning after tumbling more than 1% against the US dollar last week. The release of disappointing local economic data together with improving US ones, encouraged investors to unwind long AUD position...
Tensions are growing between the United States and Turkey. Last night, both countries have suspended part of their visa services. Indeed, an employee of the US embassy has been arrested on charges of espionage at Istanbul...
Bullish pressures within uptrend channel. (By Yann Quelenn) • Bitcoin is definitely on a strong momentum. Strong support is given at 2975 (22/08/2017 low). Sell walls around $4000 have been broken. Key...
Strong downside risk. (By Yann Quelenn) • Crude oil is bouncing lower below the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong resistance lies at 52.86...