The weekend BREXIT poll shaped markets as soon as Asia opened today. The GBP bounced 1% from the open while global equity markets followed with DAX, CAC, Nikkei, Shanghai all over 2% better than the Friday close. Treasuries and Gold saw profit-taking as we saw a 1% decline from the opening bell. Japan did release Im/Export […]

It just felt like most of the day today was waiting around for the FED meeting this evening and I am sure tomorrow we will be saying the same about BREXIT next week! For Asia, the initial concern was that China did not make the MSCI Index. However, all fears were rejected after the first […]

The constructive comments provided by Fed Chair Janette Yellen last evening certainly helped Asian equities today. The Hang Seng performed best recording a 1.4% gain on the day whilst the main China Index managed just 0.1% gain which was a relief having spent the majority of the day in negative territory. The Nikkei saw a […]

A mixed session out of Asia saw the Nikkei and Shanghai small lower whilst the Hang Seng managed a 0.4% rally. After Fridays surprise NFP release the JPY continued stronger, trading as low as 106.40.  However, the big news overnight was about the shift in the upcoming BREXIT vote and the swing towards a possible vote […]

All the Asian indices performed well today and mainly off the back of the rumors that China -Shares are to be included in the MSCI soon. These were only rumors but we did see a 3.3% rally on the beck of the story. Also, on the back of a better than expected Japan Industrial Output […]

  While all the fundamental gold analysts are blaming Yellen for saying she will raise rates because the economy is doing better so gold is falling out of bed, meanwhile, the stock market has been moving higher despite the rate hike expectations. St. Louis Federal Reserve President James Bullard said global markets appear to be […]

Asian market were mixed on a very quiet start to what could be a busy week. As the USD extended its recent gains against the JPY resulting in the Nikkei rebounding, closing up 1.4%. Shanghai and HSI also closed better but only with marginal moves. Japanese government announced over the weekend that any rise in […]

Asian markets followed the mixed US session with a calm steady reply resulting in gains for the Hang Seng (+0.9%) and the Nikkei edging better (+0.4%) whilst the Shanghai closed small lower. G7 leaders stated that a vote for the UK to leave the European Union it would be a serious global concern. Ahead of […]

A choppy session in Asia saw the Nikkei open strong but close almost unchanged while HSI and Shanghai spent the majority of the day negative only to close small positive. Focus remains on oil, currency as the JPY remains around the 110 handle, continued disappointing data and todays G7 meeting. China set the mid-point at […]

Following a strong day in the US all core Asian Indices opened firm and with the exception of Shanghai, did not look back. China could not hold on to the mornings gains and eventually closed small lower -0.25%. The Nikkei and Hang Seng produced great one day returns of 1.6% and 2.7% respectively. In late […]