It’s always a difficult trading environment when one large market is closed (Japan Monday), but following last weeks volatility we have seen a quiet bounce-back in quieter conditions. That bounce-back has been more visible in US futures than Asian cash even with the Shanghai closing +0.8% firmer today. The KOPSI (+0.9%) and SENSEX also enjoyed […]

Another weak session for Asia, but following the US close that was never going to be a surprise! All core traded heavy throughpout the day but China’s Shanghai index lost most reflecting a 4.05% decline. Financials, insurers and real-estate were pretty much to blame, but we can not rule out todays data release. Although the […]

  Shanghai was the only one to underperform the core with a 1.4% decline and a weaker currency market. The Trade numbers missed expectations and that was probably the key reason why the Yuan took the hit. Closing down over 1% (at 6.286) was its weakest move in over two years. The balance of Asian […]

The mood was a little down this afternoon, that Asian equity markets could not produce more enthusiasm than we saw today. With all core markets opening on a positive note, following the late US rally, it was less than encouraging that they could maintain that theme. Shanghai was the first market to turn down after […]

The Nikkei closes 4.75% lower, the Hang Seng is down 5.1%, ASX and Shanghai both around 3.3% and the VIX trading with a 50 handle! Anyone short vol. (and the rumour is there are a few) will be panic buying and chasing the market. Gold at best only added $10 from yesterdays close but we […]

A busy day all round today from the Nikkei down another 2.5%, DOW futures 350 lower ahead of its open, rates rising, Jerome Powell taking office, Draghi to speak, Germany political uncertainty, BITCOIN losing another 8% now at 7,500 and the Bank of England to meet later in the week. Asia’s weakness is much of […]

  It was expected to be a crazy fun-filled week and today has confirmed wild status! The Nikkei ended the session down 1% and saw the currency lose 1%. Guess they didn’t really have a direction provider having seen Wall Street whipsaw 200 points in either direction. The nerves are definitely being felt now, which […]

You could probably say that Asia is being ked less and less by US markets as they increase in volatility. It’s not unusual the past few days to see 400 point swings in the DOW! So, what do you follow – the last thirty minutes of trading? The Nikkei opened better and just went from […]

The sell-off continued in some of the Asian markets, with the Nikkei, in particular, losing an additional -0.85% today. Commodities heavily influenced values today, after we saw manufacturing and miners weigh on sentiment. Although the index has fallen 4.55 this month, it remains narrowly positive for the year. The weakness cam in the final hours of trading, after […]

As you would expect, given how the last minutes in the US trading influences Asia – we opened lower. The Nikkei did attempt a small recovery just after the opening, but this was not to last and in-fact the selling pressure increased as the day wore-on. Interesting that although the Nikkei finished 1.45% weaker, the […]