Asia, specifically the Nikkei, traded heavy from the opening and although attempted a bounce mid-session by the close ended 1.3% down. The JPY therefore saw moves towards the 100 level but was eventually rejected reaching only 100.25 and by late US trading leveled at 100.75. Many traders speculating about the Shanghai playing with the 3k level […]

In general, the conclusion for trading in Asia was positive with core indices closing up around 1%. However, it did not open that way where we saw the Nikkei off 0.75% as concerns continue around the BOJ’s uncertainty. Both Shanghai and Hang Seng opened with little change but gathered momentum as the day wore-on eventually closing around 1% […]

A weaker opening for Asia with the Nikkei 0.7% lower mid-morning and just kept drifting having heard Mr Kuroda inflation expectations and his possible “lower interest rates” comments. The Hang Seng and Shanghai indices traded heavy also as confidence was lost once the Shanghai broke the psychological 3k level. All core Asian indices closed between 1.25 and 1.75% on the day and that certainly […]

Today was the first day that the Nikkei cash has had to reflect upon the FED’s decision, as was closed Wednesday for a national holiday. Todays trading result was a small decline (-0.3%) which on the heels of the 2% rally Wednesday was quite refreshing. The other core markets also saw a small decline with the shanghai and […]

Most markets were in a holding pattern awaiting the outcome of central bank decisions. The Nikkei faltered initially but was short-lived as by the end of the day we closed almost unchanged. The BOJ decision expected within the next 24 hours could direct trading for the next few months. Most are looking for additional stimulus […]

As China opened after a long weekend, so it was that Japan was closed for national holiday (Respect for the Aged Day). There was also a computer issue in Australia that resulted in the ASX closing early. Ahead of both the FED and BOJ this week could be interesting. China added more liquidity over the weekend which set the […]

The strong US session ran into Asia resulting in strong performances for both the Nikkei and Hang Seng. Both closing around 0.75% higher the main pull was from financials but this is just a rebalancing from the losses they suffered earlier in the week. China remains on national holidays and so we wait until Monday […]

A very welcomed rally in the US found the desired effect upon Asia initially but sadly failed to install confidence required to convince and resulting in a mixed session. The Nikkei saw a healthy opening but lost momentum midway through the session. Towards the close we did see some buying interest which managed to close […]

QUESTION: I saw you at your presentation in Dresden last year. Things in the East are rather different from the West in Europe. Do you have any comments on this great divide? Thank you for coming to Dresden. KMV ANSWER: There is a great divide in Europe between East and West that is rarely, if […]

Asia started off where we left the US on Friday with the selling pressure still dominant. The Nikkei cash opened down over 1% lower and did not look likely to break that decline at any time during the trading session. Eventually closing 1.7% lower the JPY saw the safety rush but interestingly not as dramatic […]