Asia woke to the 600 point drop in the DOW and knew it was going to be tough going from the opening bell. The Nikkei probably took the brunt of the punishment falling almost 4%, but what was interesting was that the Yen failed to see the safe-haven bid. The Nikkei is now down over […]

A lack of direction resulted in a mixed session for Asia today. Probably a sigh of relief for many market participants, as they are still attempting to explain the past few days events! Although, we are seeing volatile stock markets, it is worth keeping an eye on the currency movements. Again today we see the […]

A weak session for much of core Asia, with almost all markets falling from the opening. Sadly, it is China that leads the way adown again. Many are speculating that it is relation to the FED Minutes and their continued appetite to raise rates which pressures all currencies favouring the USD. The Shanghai index traded […]

A mixed session in Asia today, probably following the last minute sell-off seen in the US markets. Although most markets opened positive, Chinese indices could not join the party. The domestic data was mixed solid a consumer inflation release, but that was off-set by poor producer inflation. Viewed as negative forward looking data the news […]

Asian markets finished positive, but it was only when the US opened did the excitement begin for the day. Europe caught a lot of the declines into their close, so lets just concentrate on developments from there on, especially following growth concerns that the IMF have raised…. We did see PPI (Producer Price Index) release […]

  Asia was more concerned about the weakness of the core Chinese markets after last weeks holiday. The Peoples Bank of China cut (by 100bp) the reserve ratio for lenders on Sunday and that move spooked an already wobbly market. The Hang Seng had already responded to higher US rates last week and so closed […]

The FED was blamed for stopping yesterdays US rally in equities and has had a similar effect in Asia. Jerome Powell commented that they are a long way from neutral and that hit the long end of the Treasury curve. The ADP was probably enough to indicate economic strength, but then Jerome Powell light the […]

We have to come to the reality that from 2019 onward, we are headed into a Pension Crisis that will be serious. Many are starting to yell about the debt crisis. They lump on private debt and yell its a bubble. What they miss entirely is the fact that we face more than a decade […]

A better and more constructive day all around for Asian equities as most markets reopened (S. Korea still off) for business. With both the Shanghai and Hang Seng opening firmer, a steady trend developed to return 1% for both indices. Remarks overnight from US President Donald Trump failed to assist US trading or external commitment, […]

COMMENT: Good day Sir; How in the world do you do it? It is one thing to develop Socrates and assist clients, but yet another to keep up with and tie in the global events to the waves. I know you don’t sleep much Martin but I have not been dressed in a week and still I […]