Jiming Huang / Blog
While other major central banks have shifted bias toward tighten we don’t anticipate that the BoJ will follow...
The greenback is getting weaker against major G10 currencies and the euro dollar is now back above 1.15 for the first time since May 2016. The bullish trend seems very deep to us and there are two main points to address...
Lacklustre economic data are piling up in US, the Fed has abandoned its hawkish rhetoric for a cautious one amid faltering inflation pressures. Since mid-May, the greenback has lost more than 5...
The US Federal Reserve wants to let inflation run and keep interest rates low. This, we believe, is for two reasons. First, letting inflation rise will allow erode the US Central Bank’s bond-bloated balance sheet in real terms...
Chinese equities tumbled on Monday with the tech focussed Shenzhen index falling 4.28% to 1,800.54, while the Shanghai Composite was off 1.43% to 3,176.46 points. Data showed the world’s second largest economy grew 6...
Ready for a short-term bullish consolidation. (By Yann Quelenn) • Bitcoin has strongly declined over the weekend. Strong hourly resistance can be found...
Pushing higher. (By Yann Quelenn) • Crude oil is trading higher. Hourly support is given at 43.65 (10/07/2017 low). Expected to monitor resistance given at 47.32 (04/07/2017...
Back within former downtrend channel. (By Yann Quelenn) • Silver is still bouncing from hourly support given at 15.18 (10/07/2017 low). Key resistance is given at a distance at 17.75 (06/06/2017 high...
Short-term bullish momentum arises. (By Yann Quelenn) • Gold's is trading mixed after the precious metal reached the $1200 level. Hourly support is now given at $1204 (10/07/2017 high). Hourly...