Physicians were unable to reach a consensus on whether or not Brexit should take place. The Allergists were in favor of scratching it, but the Dermatologists advised not to make any rash moves. The Gastroenterologists had sort of a gut feeling about it, but the Neurologists thought the Brexiters had a lot of nerve.  Meanwhile, […]

  Asia: The topic for 2019 has certainly been the US-China trade negotiations. Today indicated the matter is far from solved. Negotiations are still ongoing with 21 days until the deadline. Also, like Germany, Trump wishes to ban all Chinese Telecommunications within the US as geopolitics are certainly heating up. China will reopen on Monday. […]

By cross-referencing tree-ring data and coral core samples, a team of researchers have revealed that Australia suffered the worst drought in history before the whites settled there from Britain.  There was virtually no rainfall and rivers simply ran dry. Much of the wildlife died and massive bushfires ravaged the landscape, as we see in California these […]

  Asia: As the majority of the major markets are closed, the Nikkei yet again took central focus. The Nikkei moved up 60 bps as we saw capital flows move into Japan. The USD/JPY also weakened by 20 bps to 109.73. The Kospi reopened with negligible effect rising 7 bps. The Indian Sensex performed reasonably well […]

QUESTION: Mr. Armstrong; Standard Chartered has forecast that Russia will overtake Germany as the world’s fifth largest economy, possibly as early as next year in 2020. Would you care to comment if that is possible? GP ANSWER: It is clear that Russia’s economy is not impacted by the stupid US sanctions for going into Ukraine. Historically, […]

  Asia: The following country’s markets are closed for the national holiday: China, Hong Kong, South Korea, and Singapore. The Chinese Yuan increased 16 bps against the dollar despite the market being closed. The Japanese stock market increased +0.14%. The YoY for the Nikkei is still negative, slipping -3.56%. The same cannot be said for […]

  Asia: With most of Asia closed due to the Chinese New Year (many wishes again!), Japanese was subject to represent the region. The Nikkei 225, dropped 19bps today. German Chancellor Angela Merkel recent trip to Japan highlighted a concern with Huawei that data emanating from the EU must not be handed over to the […]

  Asia: Firstly, we would like to wish our Chinese and Korean readers a happy new year and have a wonderful holiday. Asian stocks posted positive returns as optimism grew regarding a possible US and China trade deal. Donald Trump and Xi Jinping are due to meet on the 27th and 28th of February in […]

  Asia: Equities globally performed pretty very today. China was no exception, with trump declaring “substantial progress” was being made with the US delegation meeting with China. Trumps comments were “This is either going to be a very big deal, or it’s going to be a deal that we’ll just postpone for a little while.” […]

  Asia: Yesterdays’ FOMC, although rates were unchanged, the surprisingly dovish tone from Fed Chair. What was to follow was the global markets reacting to this, with Asian markets all performing well namely the Japanese Nikkei 225 and the Hang Seng index rising by 1.1% and the Chinese Shanghai Composite rose 0.4%. Huawei, with the […]