Our sources in Turkey are hinting that there is building the resentment against Erdogan and he knows that there is trouble in the wind. Erdogan is desperate to blame the West and find an enemy to point the finger at for all the problems he has caused including the collapse in the currency. Erdogan is now […]

The singer  Lana Del Rey is attempting to use witchcraft to remove Donald Trump from the Presidency. She Tweeted: “At the stroke of midnight, Feb 24, March 26, April 24, May 23… Ingredients can be found online.” The cryptic message is all about witchcraft.  These dates line-up with the ‘waning crescent moon ritual dates’,  which are the […]

The euphoria seen in the states followed on into Asia with the Nikkei returning almost 1% in today’s trading. The mood did not want to change from Wednesday, leading traders to think that many have finally thrown in the towel and are accepting that we are moving higher. The strange thing is the odds move […]

  Much of the talk surrounded the 12 days of fresh highs for the US markets, but even so Asia closed mixed with focus well and truly on President Trump’s speech. The congress address will not take place until late in the US evening which will be just ahead of the Asian opening. The safe-haven […]

A few stories over the weekend from a potential vote for Scotland to a Le Pen victory could create a “worse than Lehman” moment. Asian equity mood and markets reacted to nervous weekend press as they watched the GBP lose 0.5% (before a mid-day bounce) and watched most core indices lose close to -1%. The […]

Having seen the US markets set new record highs, most Asian indices followed the momentum. Many dealers said the euphoria can take us only so far, then we look for substance and they were hoping for that from tonight’s FED minutes release. The Nikkei retraced much of Wednesday strength but interestingly enough remained within the […]

One of the quietest days in a while with even the JPY trading in a fairly tight trading range, less than one Yen (113.00 – 113.80). Early talk surrounded Fed’s Member (Patrick Harker) who commented late in the day that March is still in play for potential move. US Dollar bulls needed no encouragement and […]

A fairly quiet start to the week for most of Asia with the Nikkei closing with virtually no movement. The Nikkei was weak just after the opening down just over -0.5% but as the JPY lost ground, the index recovered. Initial price action was poor given the Trade data release (-1.3% given forecasts were 4.7%) […]

The week ended with Asia happy to see consolidation as the name of the game. All core indices closed weaker in Friday’s trading, but it was interesting to see that the Nikkei has lost ground whilst both Shanghai and Hang Seng continue to make ground on the week. The JPY is back flirting with the mid […]

The press has really become a total disgrace. The press conference of Trump was fairly straight forward and he took questions from even some of the worst of the worst like CNN. The journalists will not stop. I watched the reviews of ABC news to see if George Stephanopoulos would be just neutral – no […]