It was not until late in the European session did we start to see much movement and even that was in oil. In Asia we saw yet another quiet with the JPY continuing with its strengthening theme and the Nikkei reacting accordingly. The PBOC set the Yuan at 6.8915 whilst the off-shore plays well into […]

Asia had a fairly quiet trading day but ahead of so much market moving content this week it really should not be such a surprise. Nikkei closed almost unchanged at -0.13% but that was a healthy performance given the uncertainty drove the dash back into safe havens again, notably the JPY. The Yen traded from […]

Early gains were eroded having seen an in-line CPI print but the weekend book-squaring turned sentiment to settle just under the weekly highs. The currency continues to decline with the Yen trading 113.50 for the majority of the session having rejected the 114 figure change earlier in the day. The Shanghai and Hang Seng indices […]

Trying work out models on the French elections is by no means easy. The parties have changed and combined many times since 1973 alone. The National Front (FN) is a generally regarded as far-right because they are a Euroskeptic party since 1993 from its outset. Primarily, the FN is a socially conservative, nationalist political party in […]

  The proposal that the Electoral College should have voted for Hillary, thereby undermining the Constitutional structure of state v federal rights, was very serious. It demonstrates just how corrupt her followers can be willing to destroy everything to force their way upon the whole. This proposal would have destroyed the entire Constitution, and Hillary would have […]

  A positive session in Asia in what is presumed to be a quiet week as US holidays shorten much intended volume. We usually see a flurry in activity post US Thanksgiving which usually is the last ditch attempts by big money to balance decisions ahead of year end. All should be complete by the […]

In Japan we saw a much better than was forecast GDP release (+2.2% v’s expectations of +0.9%) which created a huge positive move for the Nikkei but to the detriment of the JPY. The Nikkei finished the day 1.7% higher whilst the Yen traded back over the 108 handle a move on the day of around 1.6% […]

There are reports of more and more incidents of Germans turning against the refugees with violence. A mob of about 50 youths went “hunting” for migrants in the eastern German city of Bautzen. They were throwing stones. This was by no means the first time in that city. This did not reach the 1700 people who […]

Many areas are already seeing long lines with some officials saying they wouldn’t be surprised if voter turnout topped 80% of registered voters. So far, our computer is on track. If the voting turnout reached 82%, we will have a new historic high that beats even the post-Civil War. If we just exceed 62%, we […]

QUESTION: Marty; You are very good at constitutional law. What is your take if Hillary is indicted? Will she be impeached? ANSWER: A President cannot be impeached for crimes prior to taking office. Only those committed during their office. If Congress called her back as President for an investigation and she lied under oath, that would […]