It appeared the rally seen in US stocks was insufficient to impress Asia with core markets closing mixed. Japan’s Nikkei returned some of yesterdays gains falling -0.55% with the Yen also trading a little heavy this evening, now with a 109 handle. It was a less than decisive day for Nikkei opening almost where it […]

There is a major battle going on in Southern California as all the people who have come across the border but have no place live. All the posturing against Trump calling him a racist for wanting to put up a wall to stop the influx of illegal aliens and drugs, the real test will be […]

Last minute positivity in the US was released into Asia and we saw all core markets open higher. The Nikkei gained 1% on the day, even with poor economic data. The Economy watchers Index (Household Spending) released at 48% compared to the 50.5% expected. Previously, this number was recorded at 51, so was already written […]

QUESTION: Dear Martin, you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of last year […]

More positivity in Asia today as hopes build following US/China trade talks entre their third day. Today, it was the turn of the Hang Seng to lead the pack with a impressive +2.27%, while Shanghai returned +0.7%. Tech shares helped the HSI rally today, but also talk of policy support pushed sentiment. We did see […]

As the market waits for any headline materialising from the US/China trade talks, most Asian equity indices tread water. We did hear positive rhetoric from US Commerce Secretary Wilbur Ross that an agreement could be reached, but despite supporting market momentum more would be required. Tech and utilities have been leading much of the advances, […]

Asia was just playing catch-up this morning from Fridays after hours news. The US/China meeting finally started today, but news is yet to be heard of any breakthrough. Japans Nikkei was the star attraction closing up nearly 2.5%, but see a rather dull day after the opening strength saw narrow trading for the rest of […]

I have warned that all the talk behind the curtain I was hearing when the Democrats won the House was that as soon as they go in, they would be looking at raising taxes to where they use to be back before Reagan. Well it did not take long. The new Congresswoman from New York […]

  President Donald Trump on Friday said he has considered using emergency powers to build a wall along the U.S.-Mexico border. The press has been saying that he could declare a national emergency to redirect money from the Defense Department or other sources to fund the wall. However, Obama used funding that was granted by Congress […]

The USD was the figure of attention overnight for Asia as it surged against the Turkish Lira, Euro, Sterling and the A$, but saw short-covering stops taken on the Yen. The warning heard from Apple over its Asian sales forecast and growing concerns for global growth triggered the sudden safe-haven flurry into the Yen. Obviously, […]