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Showing 2291 Results for turkey
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August 25, 2017
Main talking point out of Asia this morning were the continued strong earnings reports and the subsequent buying conviction. In Hong Kong the Hang Seng gained over 1.2% whilst the domestic Shanghai index rallied near 2% after earnings beat expectations to finish the week well bid. We saw solid gains in Financials, energy, communications and […]
August 24, 2017
We have seen yet another weaker day with the Nikkei declining once more. It had the opportunity to perform but was dragged lower by Industrials, Metals and Manufacturing. The yens strength throughout the week has seen no retracement and remains close the 109 big figure. Core China and Hang Seng both off-set each other with […]
August 23, 2017
A quiet and mixed session for Asia as we watched the only real move and that was in the USD. Given all the uncertainty we are seeing a steadier run for the US Dollar, with possibly an arguable underlying bid for gold. The Nikkei did retrace a little of yesterdays decline, closing up +0.25% […]
August 22, 2017
Asian markets loved the fact that the US managed to turn around yesterday and so we opened with an air of confidence for this mornings trade. After an initial sell-off in the Nikkei early session we saw a bounce that unfortunately failed. By mid afternoon we had slipped back to the days lows and watched […]
August 21, 2017
The news of Steve Bannon’s departure on Friday came too late for Asia and so cash markets readjusted in this mornings session. We did see a little move back into the JPY again, but much of that move was Friday evening and so today was a combination of the remnants of this and the concerns […]
August 21, 2017
While the Democrats want to make a huge issue out of Russia hacking their files and releasing evidence that they were truly corrupt and how Clinton was just a liar blaming Russia rather than themselves, interference in the elections of other countries is par for the course. I have reported how Obama has interfered in […]
August 18, 2017
We didn’t really need an excuse for why equity markets were lower in Asia today, but we certainly found it in US markets irrespective of political uncertainties – if we were looking! Ahead of the weekend and a move into US Dollars the Nikkei lost 1.2% but interestingly the JPY only just moved back to […]
August 17, 2017
FED minutes were the talking point early on and the split decision the market hadn’t really expected. A little more uncertainty thrown into the mix which creates hesitation and a reason to take a little cash off of the table. Throw in the Trump disbanding both the Manufacturing Council and Policy Forum and questions start […]
August 16, 2017
The biggest conversational topic today was the recent USD bounce, as well as the oil price decline. Japans Nikkei held-in as the nervousness returned, but it was the JPY trading back close to 111 that had people talking. Given the US Retail Sales number was so above expectation the market now assumes the FED are […]
August 15, 2017
Asia took its cue from the strong US session and initially saw gains across the core. The Nikkei made-up for its previous poor performance with a closing gain in-excess of 1.1% and watched as the yen played at the mid 110’s. Having seen the bounce-back, volumes were lower than usual but with national holidays in […]