The Yen weakness continues to off-set the Nikkei strength with today breaching the 113 level and spending most of the day trading weaker. The Nikkei rallied closing up 0.9% with exporters leading the gains given the currency play. Volumes were light but then that should have been expected given the US holidays but we remain […]

Early fears from the earthquake and the concerns that we would break the 18k level were soon dismissed as the morning lows created the days lows. The Nikkei traded better just ahead of the lunch break and spent the balance of the afternoon session trading from strength to strength and closing at the days highs. […]

  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 […]

  The American Revolution was inspired by one book entitled Common Sense by Thomas Paine. We even find British political tokens with the saying “END OF PAIN“, which was obviously a pun on his name. He was demonized by the British as the man who inspired the Revolution. According to this intense studies of the Continental Army […]

Japan appears to be in a world of its own this week as not one day has it followed the rest of Asia. Yesterdays meeting between Prime Minister Abe and Trump has failed to produce headlines but I would not rule that out for the weekend though! On the week the Nikkei has gained over […]

Despite a better than expected GDP in Japan (almost double expectations) yesterday failed to inspire much of a follow through today. That was the case until the cash market closed and it was only then that the Yen took a turn for the worse. In late US trading the Yen broke into the 109 handle […]

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% […]

One of the largest one day gains seen in the Nikkei with a rally of almost 7% on the day. Upon the open almost no trades were seen until the index was over 5% higher, comfortably taking out the 17k level again. However, the flip-side of this move was the JPY which traded from 101 […]

The Euro soared to 113 and then crashed and burned to the 109 level. The Dow exceeded yesterday’s high but has not penetrated the previous day’s low. Gold had its reaction up to 1340 and fell back under 1300. Let’s get this much straight. Our computer is NOT showing a major change in trend because […]

As we continue to digest news that Trump may well be leading in some polls, the nervousness surrounding markets is apparent. However, that is the case for international markets where Asia saw the Nikkei and Hang Seng lower by around 1.5%, whilst the Shanghai lost just 0.6%. We even saw a rally in gold of […]