Given that we saw the US markets retreat mid-session from early highs, in Asia many were concerned the full enthusiasm is yet to arrive. As equity markets took a side-step gold was the main talking point after its near $20 rally in late US trading. The flight to quality also saw the JPY retest old […]

After a successful Non-Farms number on Friday, Asia followed suit encouraged along by the US markets closing near their days highs. All core Asian indices followed but with the exception of the ASX (Australian exchange) which closed small lower as the currency made ground. The Nikkei made ground closing +0.35% higher but could have been […]

One of the main topics of conversation overnight was the fact that the Shanghai market reopened, after the week long holiday, to a surprise reverse-repo hike (10bp’s to 2.35%) which resulted in a -0.6% decline in the Shanghai Index. The CNH traded back up through the 6.82 mark but in late US trade saw core […]

Another weak session for the Nikkei but also the Hang Seng came under pressure given global large cap weakness. The JPY saw another reach as a safe-haven with almost another handle change down to 111. However, despite coming close we have not yet traded there today. Dealer were expressing concerns on the move Presidents Trump’s […]

We saw another weak session today for stocks in Japan as the BOJ kept its position on monetary policy unchanged but selling pressure continued. The main concern remains centred around the US action for immigration despite the explanations offered. The USD lost its safe-haven bid with JPY strength resulting in a push closely breaching the […]

Asian markets were weaker today with many Traders explaining that the reason for the market jitters was around President Trumps immigration policy and the consequent rally in the safe-haven currencies such as US Dollar and the Japanese Yen. The Nikkei lost around -0.50% despite the fact that volumes were heavily reduced with many of the […]

A quiet market for many in Asia ahead of Chinese New Year and the subsequent national holidays. In Japan the inflation data was marginally better than previous (+0.1% v’s prev. +0%) which helped the Nikkei add additional gains but were slowed somewhat by Consumer Price data. However, this had an effect on the JPY which […]

The 2017 outlook report provides an overview of the world economy by connecting the dots globally.  We have looked at the Trump Rally or Trump Bubble that dominates the financial headlines as well as the question of Free Trade coming under assault by Trump and the rising trend of protectionism. We have paid close attention to Greece […]

With the DOW having broken the psychological 20k level in early US trading and all the hype and coverage surrounding that, there really was only ever one direction planned for today. In the absence of any other significant market related news, Core Asia responded accordingly that saw both the Nikkei and the Hang Seng close […]

  The 2017 outlook report provides an overview of the world economy by connecting the dots. Included is a global table on the yearly level for all major world markets that includes 2016 closings, buy and sell signals for annual closings, trading prices (as of the completion of this report), resistance, support, and the historical high […]