The US did lose around a third of its gains in the final hour of trading Tuesday, but it still closed strong. It was that confidence that carried some of the markets in Asia forward but there were some that were not convinced. The Australian ASX, SENSEX and Nikkei looked hesitant and took time to […]

Todays comments from China president, Xi Jinping that China was willing to open its markets, soon lent equities a helping hand. From a lower core opening, it was not long before all started to move from strength to strength. Shanghai and the Hang Seng reacted most to the speech and saw returns of around 1.75% […]

A very encouraging start to the week especially given the declines seen in the US late on Friday. Many were concerned Asia would continue the US wobble, which were the preliminary moves for Shanghai, Nikkei and ASX. However, after the initial moves were rejected most moved to recover early losses. The Hang Seng was the […]

We saw a mixed session in Asia as market again reflect headline after headline. The Chinese markets played catch-up, after their national holiday yesterday and that resulted in a 1.1% rally for the Hang Seng much of which were financials performing. The Yen remains weak even after poor US employment numbers. Net-net was a dull […]

It was a close race between the Nikkei and the SENSEX for today’s outperformer in core Asia but the winner was eventually India. The SENSEX rallied 1.75%, with all sectors adding to the sentiment, but it was the currency appreciating that really added the value. However, we are still under the key resistance level of […]

The choppy conditions spread across all three sectors today with volatility from Australia to America. The only common theme today appeared to be volatility, resulting in the rejection of both large gains and losses! The ASX recovered from a very weak open, whilst the Shanghai index lost all gains to close down on the day. […]

With the exception of the SENSEX, all of core Asia opened in negative territory over concerns surrounding the US/China dispute. Although major US indices had lost over 3% intraday they did show remarkable resilience by the close gaining over 1% in the final 45 minutes of trading. It was this that provided the much needed […]

QUESTION: Message: Hi, huge respect for your eye-opening work. You mention that war is more likely to erupt in the middle east than Korea. Since middle east seems to be in a state of perpetual combat in different areas, do you think war could expand as Turkey is more & more openly hostile to Greece? […]

QUESTION: Dear Mr. Armstrong, I have a question please, taking the lead from your recent article in your blog “Noah’s Ark Commemorated on Roman Coins” Question: Do you happen to have found a copy of the Apion Treatise (answers to Josephus) in your historical searches? (Apion — Historian from Alexandria) Background: Titus Flavius Josephus, born in […]

The end of the week, month and quarter for many so this weekend numbers will be very closely watched. the Nikkei recovered 0.6% but the currency probably found more conversation than stocks after it traded back to a 107 handle before climbing again in US trading hours. The encouraging news of talks between China and […]