A similar trading pattern was seen in both the Shanghai and the Nikkei overnight opening at the days lows and positive correction for the balance of the day. The headline that regulators would encourage share buy-backs and promote M+A activity helped restore some much needed confidence to the market. Core China rallied just over 1% […]

Much of the early Asian talk surrounded fears we would see a continuation of last weeks weakness, but from external rather than internally led . Despite the fact that Chinese indices are off 25% YTD, the weakness seen in Europe and the US is still impacting an already weak Chinese market. The late news of […]

Initial early gains were lost as the lack of momentum continues to weigh on sentiment. Markets are getting used to large intraday price swings and the consequence is the lack of conviction and follow-through. Core China markets have suffered more than most this year, but the 8% decline in the Shanghai in October alone just […]

QUESTION: Martin, I know things are dark, but you are becoming down right gloomy. If the world is falling apart in Austrialia, Europe, Japan and ultimately the USA, there must be somewhere, or somewheres, the computer says things will be great in, or get better in. Where to go now? China right now, no thank you. […]

To the shock of everyone in politics and economics who can’t get enough socialism and want to bash that the disparity of income is so evil, these Marxists are beside themselves when the World Economic Forum released a study that shows the United States is the most competitive nation on earth. They have, however, concluded that their […]

Asia was a buzz this morning having heard verbal intervention in support of further stimulus and possible future tax cuts. This took the core indices from lower to over 5% higher at one stage. The turnaround in China has fuelled confidence around the world helped by positive Italian news and a sway of M+A activity. […]

Another negative open today but fortunately was not to last! Although China’s GDP released lower than expected weekend book squaring and absolute levels helped revive values by the close, also helped by a little “authoritative” speech play . Growth came in at 6.5% YOY which was missed the 6.6% markets were looking for, but 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 […]

The cautious trend continued in Asia this morning, despite the late rally in US markets on Friday. The news over the weekend was pessimistic in China (Car Sales release) and the Bavarian election result, but optimistic in the BREXIT negotiations at least; – well, until the markets opened! Shanghai hit levels not seen in four […]