While the leftists are out in force against Trump calling him racist and whatever else they can dream up for his travel ban from countries with Islamic terrorism, we are starting to see European protests against the anti-Trump movement. The London policy institute Chatham House calls a “reservoir of public support” on the continent for […]

This morning in Asia markets were still playing off of the US ADP data and enjoying that its continues to support the recent bull run. Confidence was obvious in markets when the JPY traded back to 111.70 (losing its safe-haven bid) but then NFP’s were released. We’ll comment on this in the US session update […]

Another mixed session for Asia but we did see a strong performance in the Nikkei as the JPY lost the safe-haven bid. The yen traded high 110’s then weaker hitting 111.40 (-0.6%) at one stage. The Japanese equity market added over 1% in todays trading with strong performances from Energy, Utilities and Industrials (Chemical companies). […]

Another mixed session for core Asia but we did see a slight pick-up for China following better than expected PMI report. The consensus was looking for a 51 and the actual release came in at 51.2%. Shanghai closed slightly better at +0.3% and proved to be the best performing core market. A good start after […]

It seemed lifeless in Asian trading today as China markets remained closed and the Nikkei hardly moved. Given the stronger than expected Japanese Retails Sales (3.2% against a forecast 2.3%) it is surprise to see the JPY trading back below the 111 figure in European trading. There was much Talk surrounding the MAS (Monetary Authority of Singapore) fining […]

Many markets were closed today and so volumes are traditionally low. Another test missile over the weekend rattled markets initially but the lack of follow-through soon saw nerves settle. The Nikkei finished more-or-less flat with the JPY safe-haven bid failed to materialize. the currency continues to play around the mid-111’s but has plenty of data […]

Asian indices closed lower on the day following a disappointing OPEC announcement. The market had built-up so much expectation that no-reduction was necessary to avoid the dissatisfaction that eventually matured. However, that said the majority of talk early this morning was around the PBOC playing with the currency and also talk that a little intervention […]

Core Asia opened on a positive note following constructive observations from the FED minutes, the addition of apparent OPEC commitments and the lack of market reaction following Moody’s downgrade of China sovereign. Ahead of the long weekend scheduled in the US, the enthusiasm to invest appears positive even as we chase market sentiment. Have we […]

Core Asian markets closed mostly lower after early gains were reversed. Volumes were thin in todays session as G7, OPEC and discussions around the Federal Reserves next move on rates. Oil drifted lower in Asia as President Trump completed his trip and was about to fly to meet the Pope. Thursday OPEC meeting is expecting cuts […]

A mixed session in Asia with no clear direction provided in any of the core markets. Saddening news coming from Manchester, England of the appalling bombing incident at a children’s music concert shocked both markets and people across the world. Police commented that they are treating it as a terrorist incident. The Nikkei, ASX, Shanghai […]