An encouraging session for Asia overnight but especially the Nikkei. Bouncing from yesterdays lows with an enticing 600 point (3.7%) rally. We did not see that...
A disappointing result from the weekends Doha meeting, resulted in negative market reaction early Monday morning trading. With oil initially trading off 6.5% from...
It really should be no surprise to people that we saw some retracement after a 3.3% rally in a day. That is exactly what we saw today in the Nikkei after yesterdays...
The market was right to focus on the Japanese Yen over the past few days having witnessed a convincing dip in the Nikkei that many wish they had bought. Having been...
JPY remained the focal point for Asia, well that was until the market realized it had finally turned. The JPY took out the 109 handle and dealers were less...
The Yen has reversed some of its gains from last week but not before attempting more early in the day. Having hit highs early in the session it spent the majority...
A little bit of jawboning by the BOJ and we see a bounce off of the 107.60 level from yesterdays trading. A healthy 1% rebound in the JPY transpired into a 0.5%...
The main topic again last night was the magnitude of the advancing Yen. Despite a convincing break below the 109 (and 108 in European trading) the Nikkei only...
Oil was blamed for the majority of today’s equity weakness but there was no new news and the reason was a little baffling! The Nikkei broke the 16k level and...
Fridays NFP in the US did not help support the Nikkei despite the DOW’s strong closing rally. We did see a bounce off of the 16k figure but given that the Chinese...