Showing 2870 Results for dollar
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Showing 2870 Results for dollar
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October 3, 2018
The Nikkei retreated from its recent highs in cash terms, but is late this evening retaking those losses. The concerns surround the auto and petrochemical industries, but the poor auto sales number certainly did not help key stocks today as Honda dropped 4.3% and Mitsubishi Motors down 3.4%, while Showa Denko fell 5.2%. However, many […]
October 2, 2018
Shanghai remains closed but the Hang Seng reopened after its public holidays to a negative mood. The trend remained the same for the day, as bid after bid was hit to close down 2.38% on the day. The news that US Defence Secretary James Mattis proposed visit to China had been cancelled, escalated the rumours […]
October 2, 2018
QUESTION: Hello Martin I wish all the best for you. The work you make every day to rise up our understanding about the world is amazing and make me feel a huge respect. it is very inspiring. I’m a small customer of your private blog. I don’t know if you answer that kind of request. I want […]
October 1, 2018
The refreshing news that the US and Canada had reached an agreement, that would replace NAFTA, encouraged markets across the world today. Starting in Asia the Nikkei managed to add +0.5% even as Confidence (a Bank of Japan statistic) declined yet again. However, the Nikkei rally was at the expense of the Yen, which late […]
October 1, 2018
Gold has broken out above the Downtrend Line and is poised to retest that going into the Pi turning point on the Economic Confidence Model target in November. If the market bounces off this technical support and rallies after the Pi turning point, then we should expect gold to rally to test the Yearly Bullish […]
September 30, 2018
QUESTION: Mr. Armstrong; You do not give much credence to the world returning to a gold standard. Didn’t the entire world use the gold standard before? Thank you for your input JK ANSWER: The entire world has NEVER been on the gold standard simultaneously. Asia was on a silver standard while the West was on […]
September 27, 2018
The FED did not set the pace for Asian trading, Fed Chairman Jerome Powell did in the Q+A afterwards. The comment that all are referring to today was the FED’s inflation outlook. Guess you really have to ask the question, ‘Have they ever got it right’? The set-up for Asia was not great, with confidence […]
September 27, 2018
India’s financial markets are in the throes of this Emerging Market crisis. The Mumbai-based Infrastructure Leasing & Financial Services (IL&FS) is an over 30-year-old infrastructure lending giant that claims to have helped develop and finance projects worth $25 billion in Asia’s fastest-growing economy. The company recently defaulted on debt payments because it ran out of cash. […]
September 24, 2018
The uncertainty continues for China/US trade talks, but this time because China cancelled the talks. It didn’t help sentiment that some core markets (China and Japan) were closed for public holidays which always hits trading volumes. The Hang Seng opened weaker and just appeared to flat-line for the balance of the day, closing down around […]
September 23, 2018
QUESTION: Mr. Armstrong; I watched the film the Forecaster. I then read your plea. You simply said you failed to tell your clients that the bank took the money. How is that a crime? Then the bank pleads guilty, has to return the money, and you have no restitution. This all makes no sense. KR […]