Jiming Huang / Profile

Sharp decline. (By Yann Quelenn ) • Crude oil has strongly declined after the commodity monitored the $50 level. Key support is given at 45.40 (17/08/2017 high). Strong...

Pushing higher. (By Yann Quelenn ) • Silver has broken its key resistance at 17.75 opening the way for a test of the strong resistance at 18.65 (17/04/2017 high) while...

Consolidating within uptrend channel. (By Yann Quelenn ) • Gold has seen increased buying interest, clearing rising trend-line. Hourly support is given at a distance 1326 (gap low). Key resistance is...

Further sideways consolidation likely. (By Yann Quelenn ) • EUR/CHF has sharply declined near the resistance area between 1.1356 and 1.1472 Further medium-term sideways moves are...

Riding lower. (By Yann Quelenn ) • EUR/GBP has bounced off support. However, as long as prices remain below the resistance at 0.9176 (declining trendline), the short-term...

Bearish consolidation. (By Yann Quelenn ) • AUD/USD is now consolidating lower after the pair successfully tested the rising trendline support at 0.7881 and has broken the hourly...

Bearish. (By Yann Quelenn ) • USD/CAD is moving lower, confirming an underlying declining trend. Hourly support is located at 1.1945 (29/04/2015 low). Resistance is...

Challenging support area above 0.9400. (By Yann Quelenn ) • USD/CHF is trying to bounce. Strong resistance is given at 0.9771 (15/06/2017 high). The pair is likely to head further lower below...

Bullish consolidation. (By Yann Quelenn ) • USD/JPY is consolidating higher but the trend is clearly negative. Strong support is located at 106.95 (08/09/2017 high). Expected to show...

Strong bullish trend. (By Yann Quelenn ) • GBP/USD has pushed above rising trend-line resistance, confirming an improving short-term technical structure. Strong support is given at...

Holding above 1.2000. (By Yann Quelenn ) • EURUSD has broken the resistance implied by its horizontal resistance, confirming an improving technical structure. Hourly resistance can be...

Next week will be dominated by inflation releases and labor market reports from around the globe, as well as central bank meetings in Switzerland, the UK, Turkey and Russia. n a number of countries, inflation has dropped recently...

The global economy is picking up steam. At the same time, inflation may be a little weak whilst remaining close to central banks' targets. So what is preventing them from tightening, asks Global Chief Economist Paul Donovan...

Great article in Bloomberg highlighting the disappearance of volatility in FI due to central bank’s interventionist policy. To reiterate a well-understood fact, central banks are suppressing the true price of risk in rates, which in turn are distorting all other market risk measures...

In spite of huge market expectations, Mario Draghi gave little information about the future of the QE and played for time once again. As broadly anticipated the European Central Bank did not change the level of any of its three key interest rates...

Finally, Wall Street is celebrating the removal of the immediate threat of the debt ceiling. However, the real news was Trump working with Democrats with a clear success. In rare bipartisan deal Trump, republicans with democrats extended the U.S...

Investors are bracing for an event heavy day. The highlight will clearly be the European central banks. However, the substantives information on monetary policy strategy path from this meeting is unlikely. We had originally penciled in a comments outlining the path towards normalization...

Watch CAD on BoC meeting today At today’s Bank of Canada monetary policy meeting we now expected a 25bp hike. The Canadian economy has accelerated for multiple quarters and expectations for rapid rise in inflation will persuade the bank to act now...

The Australian dollar took a hit overnight amid disappointing growth figures. The GDP grew 1.8%y/y, slightly below the 1.9% expected by most economists. On a quarter-over-quarter basis the economy grew 0.8% compared to 0.9% medina forecast...

Given the solid pick up in the Canadian economy the likelihood that the Bank of Canada rises interest rates by 25bp Sept 6th policy meeting has increase significantly. Exemplified by the strong 2Q GDP report, which indicated at 4.5% growth rate, the economy has expanded past the BoC projections...