China’s Industrial Data release marginally above expectation but Investments let them down and tended to quell afternoon anticipation and we closed only small positive. It may also have been the weakness of other core markets that also had an impact as both Hang Seng and ASX closed over 1.2% down the pair. It was energy yet […]

Despite better than expected data from domestic China (Retail Sales 11% and Industrial Production +6.5%) it was not sufficient to support a positive close. Shanghai finished the day -0.75% as talk that Private Investment growth slowed suggesting a lack of demand for small and medium sized companies; Private Investment is the bulk of the buying […]

Tech shares continued to suffer in Asia but failed to influence the wider markets, but by the close even they had turned positive. Having been closed yesterday, today we saw a healthy run in the ASX (+1.67%) after the report that Business Confidence for May released better than expected. Banks led the rally with CBA, […]

We will probably only see one out of four move this week and that one will, of course, be the Federal Reserve. Yes, we have four central banks meeting this week (FED, SNB, BOJ and BOE) but it is only the FED where the market has anticipated a move. Having been talked for weeks we […]

The big talking point in Asia was GBP and the early indications that results were leading to a hung-parliament. Even before Europe had opened sterling was around 1.75% lower on the day. However, Asian markets were mixed with the largest mover being KOPSI (+0.75%). China data (CPI) released in line at 1.5% for May, whilst […]

The Asian session was mildly positive with just the Nikkei, the SENSEX and Nifty closing lower on the day. Although they were only small gains, they were gains none the less from +0.2% up to +0.3% for Shanghai, Hang Seng, and ASX. China was helped by better than expected data trade data. The situation in […]

Zeno (474-491AD) Zeno (c. 425 – 491) became an Eastern Roman emperor from 474 to 475AD, and his second reign was from 476 to 491AD. His reign was eventful and important. When Rome fell in the West, Odoacer (433-493AD), who had deposed the last Western Emperor, Romulus Augustus (475-476AD), sent the imperial regalia to Constantinople. […]

It was no surprise that we saw quiet markets for most of Asia’s core market, given we have so much due tomorrow (Thursday). Shanghai was the exception as it rallied +1.25% as market players took the recent increase of US Treasuries as a sign of domestic strength. This is the largest increase since 2013, but […]

Some were disappointed that the RBA (Reserve Bank Australia) did not actually cut rates and so were saw a sell-off in the All Ords. The Index declined around 1.5% with losses seen across the board in Financials, Energy and Resource stocks. The RBA reported balance of payments wider than expected (A$3.1BN). The currency balanced some […]

The tragic incident in London over the weekend certainly unnerved market with all core markets trading heavy throughout the day. The Nikkei closed only marginally lower (-0.03%) given the JPY traded in one of its narrowest days in a long time – tensions are building for the end of the week. Other core did not […]