Jiming Huang / Profil

The European economy still faces weakening dynamics...

Last week’s main event was the publication of January’s FOMC meeting minutes. Even though the release was anxiously awaited, investors’ reaction was quite muted...

China needs some good news. Judging from incoming data China’s economy has lost significant momentum. The bright side is that US-China trade discussions are making progress...

After the Bank of Japan cut its 2019 outlook for core inflation, the rate has improved, with the core gauge at 0.80% (prior: 0.70%) in January. Yet private consumption in the country declined in January, while a February manufacturing PMI of 48...

US-China trade discussions are making progress. Six memoranda of understanding are in draft that cover technology transfer and cyber theft, intellectual property rights, currency, agriculture and non-tariff barriers to trade. Expectations are that a 1 March tariff-hike will be avoided...

Pivot (invalidation): 57.20 Our preference Short positions below 57.20 with targets at 56.60 & 56.10 in extension. Alternative scenario Above 57.20 look for further upside with 57.60 & 58.00 as targets...

Pivot (invalidation): 15.9100 Our preference Short positions below 15.9100 with targets at 15.7600 & 15.6700 in extension. Alternative scenario Above 15.9100 look for further upside with 15.9800 & 16.0400 as targets...

Pivot (invalidation): 1332.00 Our preference Short positions below 1332.00 with targets at 1321.00 & 1314.00 in extension. Alternative scenario Above 1332.00 look for further upside with 1336.00 & 1341.00 as targets...

Pivot (invalidation): 2785.00 Our preference Short positions below 2785.00 with targets at 2763.00 & 2750.00 in extension. Alternative scenario Above 2785.00 look for further upside with 2795.00 & 2810.00 as targets...

Pivot (invalidation): 11310.00 Our preference Long positions above 11310.00 with targets at 11490.00 & 11560.00 in extension. Alternative scenario Below 11310.00 look for further downside with 11238.00 & 11170.00 as targets...

Pivot (invalidation): 5.3410 Our preference Short positions below 5.3410 with targets at 5.3040 & 5.2900 in extension. Alternative scenario Above 5.3410 look for further upside with 5.3630 & 5.3870 as targets...

Pivot (invalidation): 0.7115 Our preference Short positions below 0.7115 with targets at 0.7065 & 0.7050 in extension. Alternative scenario Above 0.7115 look for further upside with 0.7140 & 0.7165 as targets...

Pivot (invalidation): 1.3215 Our preference Long positions above 1.3215 with targets at 1.3245 & 1.3280 in extension. Alternative scenario Below 1.3215 look for further downside with 1.3195 & 1.3160 as targets...

Pivot (invalidation): 1.0020 Our preference Short positions below 1.0020 with targets at 0.9995 & 0.9980 in extension. Alternative scenario Above 1.0020 look for further upside with 1.0035 & 1.0060 as targets...

Pivot (invalidation): 110.85 Our preference Short positions below 110.85 with targets at 110.60 & 110.45 in extension. Alternative scenario Above 110.85 look for further upside with 110.95 & 111.10 as targets...

Pivot (invalidation): 1.3065 Our preference Short positions below 1.3065 with targets at 1.3015 & 1.2980 in extension. Alternative scenario Above 1.3065 look for further upside with 1.3095 & 1.3135 as targets...

Pivot (invalidation): 1.1350 Our preference Short positions below 1.1350 with targets at 1.1320 & 1.1300 in extension. Alternative scenario Above 1.1350 look for further upside with 1.1370 & 1.1390 as targets...

After Australia forbid Huawei Technologies from supplying a 5G mobile network on the grounds of national security risks in August 2018, Chinese authorities have lashed back. They banned Australian shipments of coal to Dalian and prolonged customs clearance in major ports...

Minutes of the US Federal Reserve Bank’s January meeting bumped equities across the globe slightly higher. On Thursday morning, futures on the S&P 500 rose to the highest level since 3 December, while European futures were also wearing green. The Eurostoxx 50 was up 0.25%, the German DAX 0...

Pivot (invalidation): 56.60 Our preference Long positions above 56.60 with targets at 58.00 & 58.40 in extension. Alternative scenario Below 56.60 look for further downside with 56.10 & 55.65 as targets...