Despite a positive opening in the Nikkei, that sadly was not to last and eventually finished unchanged on the day. Exporters were the initial driver of the strength on the back of a weaker Yen (high 111’s), however, a lack of any follow-through and lower peripheral markets, sentiment just drifted with the days volume. Shanghai […]

Similar to yesterdays session, many had expected a stronger Asian opening than we saw, following fresh historic highs, but sentiment failed to follow through. Even though core indices opened stronger, through the day they tended to decline through the lack of volume and commitment. The Hang Seng did perform better than Shanghai but by the […]

New fresh highs established in the US helped drive sentiment in todays Asian trading. However, this was not to last and most core indices tended to drift lower for the remainder of the day. The Shanghai index actually spent much of its day trading in negative territory. The PBOC also set mid point for the […]

The PBOC change in technical methodology for pricing Yuan was the reason for the stock rally in Asia this morning and also responding to Powell’s comments. It could be political, but the move does look to be underpinning the Yuan, for the moment, as we head towards the next round of Trade Talks. Slowing the […]

  QUESTION: Mr. Armstrong; I find your anecdotes fascinating and very enlightening how you always bought German cars and made money on them.  Is currency the primary reason people often think something is a good investment when in fact it is really just currency fluctuations? PVB ANSWER: You are hitting the nail right on the head. The decline […]

There has been an interesting case of an American Muslim woman who had her phone seized by border guards as she returned home to the United States from a trip to Switzerland. The guards just seized her phone and she had to file a lawsuit to get it returned after 120 days. Meanwhile, they refuse […]

QUESTION: Marty, Socrates has done a fantastic job on platinum. It is just so refreshing to have an analysis that is not biased and always saying buy. It looks like platinum is just a precursor to gold. There is an oversupply and with South Africa in turmoil politically on top of its currency in the […]

There is an interesting piece running around the internet that someone has put together. Other than Lisa H. Barsoomian, the connections are true. Indeed, the characters in the play are all incredibly connected and it certainly appears that there is a deep and dark conspiracy against Trump. But this is not against Trump simply because they […]

With core China and the Hang Seng indices trading near their 52week lows, this is the direct opposite to core US indices that are making historic highs! Todays price action almost seemed typical of what we have seen over this past year. US markets are treading water at their highs, whilst Shanghai, Hang Seng, STI […]

Record highs achieved in the US session and so expectedly the Asia markets responded. The Nikkei was the leader, but interestingly not from the open! It took a while for sentiment to build, but the weakness of the Yen probably helped massage prices to close up +0.64%. The talk for this and the rest of […]