Most core markets finished a quiet week with limited volatility and little change. The Nikkei closed small down while the JPY set a similar trend, eventually finishing mid 111’s. A lot of the talk and discussions have been around the Hang Seng and the Chinese markets. Having just included 222 of the core Shanghai this […]

The oil price to continues to unsettle markets and had a particularly heavy influence on European markets yesterday. US held in well but Asia looks to be turning over as we progress through the week. The ASX bounced (+0.7%) from yesterdays lows as the AUD played around unchanged levels (0.755), even as the NZD continued […]

With so much on the horizon we saw a mixed session out of Asia today. The one key topic all markets makers were looking at was whether China A-Shares would make the MSCI index have missed it for the past few years. Although it will bring added international attention, China’s recent efforts appear more focused […]

A positive start to the week for Asia with all core bourses returning strong one day gains. Hang Seng produced the best close (+1.2%) reflecting much of the closing numbers from the late Friday rally, China core Shanghai closed +0.7% firmer. SENSEX another strong day closing +0.8% higher. Chinese domestic data for New Home Prices […]

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 […]

Then we have workers being replaced by robots along with driverless cars. Here too, thanks to the elitists like Bill Gates, who suddenly wants to be an economist, he comes up with the solution that the government should tax robots as if they are workers. This, he proposes, would prevent the depletion of the government […]

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 […]

James Brien Comey Jr. is expected to do his very best to try to get Trump impeached. When you testify before Congress, you first submit an outline of what you intend to say. As I have explained many times, the first thing in law is you NEVER ask a question you already do not know […]

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 […]