Qatar is known for its ultra-modern architecture. In this respect, Doha is something to be viewed at least once in life. However, Qatar is a strict religious country that follows sharia law, in which homosexuals and adulterers face a possible death penalty, life imprisonment, or flogging. Qatar is a Salafi version of Sunni Islam, which […]

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 […]

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 […]

On Tuesday U.S. officials, under the guise of anonymity, leaked the name of the suicide bomber responsible for the attack at an Ariana Grande concert in Manchester before the British police had officially named him causing greater skepticism for allies sharing intelligence with the United States. There is something seriously wrong in the intelligence community […]

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 […]

The solid close to US trading on Friday fortunately had more influence than the concerns surrounding the weekend missile test completed by North Korea. The safety bid appeared to be lost in early trade as we watched the JPY lose ground first thing trading 111.60. Despite the marginal performance of the yen the Nikkei joined […]