Jiming Huang / Profil

Further sideways consolidation likely. (By Peter Rosenstreich) • Bitcoin trades indistinctly at the 8200 range, breaking hourly support at 7614 (02/02/2018 low) and expecting to trade sideway in the shortterm...

Following Zhou Xiaochuan retirement announcement five months ago, markets were looking for newly elected People’s Bank of China governor announcement of March 19...

Blowback from scandal deepened today as Japanese Prime Minister Shinzo Abe took responsibility for the loss of trust in his governments. However he continues to deny that he or his wife had intervened in the sale of land to a connected school operator...

Facing a strong depreciation against the single currency (EUR/CHF at 1.17; +9.04% in 1 year) and anticipating the risk of a potential trade war escalation, the Swiss National Bank finally took the decision to maintain its deposit rate stable at -0.75...

Financial markets are encountering turbulence on the last trading day of the week amid allegation that Trump has fired his national security adviser H.R. McMaster...

Following recent reforms in Chinese Government and growing regulatory power of People’s Bank of China with the aim of improving stability either from a political and financial standpoint, today’s economic data release of February Retail Sales and February Industrial Production are given at 9...

This morning, the US dollar erased partially yesterday losses caused by another disruption in the Trump administration. Indeed, on Tuesday, the greenback fell sharply as Donald Trump fired his Secretary of State, Rex Tillerson, and named CIA director Mike Pompeo for the job...

5.80%, a level that was not seen since the 1970s. February Net change in employment is estimated at 15’400 following January decline at -88’000, mainly boosted by an increase in part-time jobs and decline in full-time positions while Canadian hourly earnings remained solid, valued at 3...

The CPI surprised to the upside in January as the headline gauge printed at 2.1%y/y versus 1.9% expected, while the core measure, which excludes the most volatile components came in at 1.8%y/y versus 1.7% median forecast...

Threatening Europe, China and Japan aluminum (10%) and steel industries (25%) after implementing heavy tariffs, Donald Trump is now focusing on one of Europe’s flagship industry following infructuous discussions of both European and US negotiators in Brussels, aiming at exempting European industr...

The crypto market recovers slowly after last week correction, which wiped off $132 billion in valuation. The price of Bitcoin bounce back 14%, from $8,368 last Friday to around $9,550 on Monday morning...

European stocks closed higher yesterday, as political tensions start rising in the US, now that Trump’s economic adviser Gary Cohn publicly confirmed his resignation with immediate effect, an event that does not augur well for US – EU trade agreements...

The emerging market complex has been caught in cross fire since yesterday after Donald Trump said Canada and Mexico would be excluded from the tariffs, provided that the three countries succeed in reaching a new NAFTA agreement, while other countries will still be subject to it...

In the context of growing tensions with its first commercial partner, fighting on the front of NAFTA’s new terms and conditions and recently adding up tariffs on aluminum (10%) and steel (25%), Bank of Canada Governor Stephen Poloz faces the unique choice of maintaining monetary policy unchanged...

Global equities remain under pressure on Wednesday despite positive developments in the Korean peninsula, which suggests that market participants are more focus on the formalisation of Trump new trade tariffs. The Nikkei ended the session down 0.77%, Hong Kong Hang Seng was off 1...

The Reserve Bank of Australia held interest rates this morning at 1.50%, unchanged since August 2016, and the 17th meeting at this level. Weak economic data suggest no interest hikes in 2018. Unemployment is approaching a full-employment minimum of 5...

Markets have settled after Monday’s excitement about Germany’s coalition, Italian populists’ victory and US President Trump’s presumed trade war. The VIX volatility index fell to 18 from 26...

Ready to target 12000. (By Peter Rosenstreich ) • Bitcoin is starting back its increase, approaching hourly resistance at 12130 (18/01/2018 high). Hourly resistance is given at...

Some of the risk that has boosted the Swiss Franc is deflating. Germany’s grand coalition is now firmly on track, and US President Trump’s trade war is more likely a threat than a reality...

Euromarkets were soothed by German socialists’ decision to join the country’s conservatives in a coalition government that will be headed by current Chancellor Angela Merkel. The DAX moved in line with other EU equity indices, while 2-year, 10-year and 30-year Bund yields fell to -0.572%, 0...