Bloomberg News is reporting that there is an ongoing criminal investigation into a client of the Russian lawyer, Natalia Veselnitskaya, who met at Trump Tower with Donald Trump Jr., Jared Kushner, the president’s son-in-law and adviser, and Paul Manafort. The attorney  Veselnitskaya had a client with  and undisclosed a U.S. criminal investigation into possible Russian Money […]

We really needed some data to support recent Asian moves and sadly that was not fourth coming today. China’s numbers missed on Investment, Industrial Production and Retail Sales so should be no surprised we reversed recent gains. Investment was expecting a number north of 8 (actually looking for 8.2) but was released at 7.8 for […]

QUESTION: Dear Mr. Armstrong, I have been reading your blog for over a year now. Your posts are a superb read and one of the first things I check every morning before leaving for work! Although I admire your work and writings a great deal, I’m sometimes surprised by the level of certainty you seem […]

QUESTION: Hello Mr Armstrong. I understand the logic of the weakness / strength of currency that you outline from time to time in your modelling of the global crisis. You omit to explain the importance in the pace of change in the value of a currency; for instance Venezuela and Argentina according to your explanation […]

QUESTION: Mr. Armstrong, I have been following you for all my adult life and that has exceeded 20 years by now and am shocked to say, I found your article on how things evolve GOLD-Oil-Dollar.  I must say this is a eye-opening evolution you are talking about. Has this always been the case with things […]

Governments and central banks across the world are still concerned about the lack of inflation or significant growth and we saw evidence again in that today from the Japanese Q2 GDP release. Well below estimate of 4% this mornings release came in at 2.5%. Mario Draghi also commented on growth concerns in yesterdays ECB meeting […]

QUESTION: North Korea needs food. I believe we negotiated the Russian wheat deal in 1973. Would waving the prospect of food turn the North Koreans away from war. The condition would be that they deactivate their H bombs. CM ANSWER: What I tried to explain is Kim Jung Un’s perspective. One thing my father taught […]

QUESTION: Hey Marty, Love your blog and the insight you have given all your readers. However, I am wondering that when you say the markets are going to become more volatile – how does that affect the trigger that sets off the dominoes ?? what I mean is, if the economy around the world hits […]

Think we should just probably forget the Asian session as all were waiting for the US numbers and hoping for some direction as a result. mixed cash session but we are seeing some positive moves in futures following the US numbers. Europe sees the core perform (CAC and DAX both around 1% better) while the […]

A solid day for the Nikkei today closing up +0.7% but have watched yen trade comfortably with a 110 handle all day. Talk in Japan is very much concentrated on Theresa Mays three day visit and the possible speculation surrounding Japan/UK trade deal. There was a sense that todays session seemed a rebalancing after the […]