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Showing 7499 Results for the euro
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January 10, 2016
The Arab sexual assault in Cologne, Germany, occurred on New Year’s Eve when hundreds of male refugees robbed and carried out sexual assaults against over 100 girls. This illustrates one of the huge problems with allowing such a mass migration of a starkly different culture. In many parts of the world, Western women are pictured […]
January 9, 2016
QUESTION: Marty, Thank you for the WEC. The more I reflect on my notes the more I begin to understand you really opened my eyes to see the world much differently. So you said we would go down first and then flip. You also warned that it was not yet conclusive between the Sling Shot […]
January 8, 2016
As you would have expected, all eyes were on Shanghai as the stock market opened with no limit restrictions imposed. It was not to be the session from hell that some dealers had feared but was almost calm. It is human nature to want to sell when they are restricted. When they have the ability […]
January 8, 2016
Why has China become so important? Largely because global investors are in this transition mode and do not understand how or why the foundation of everything is changing beneath them. The market turmoil in China spread around the world on Thursday as global investors took their lead from China as a contagion unfolded with no real understanding. […]
January 7, 2016
For the second time this week, China’s stock exchange saw a closing due to limit down (7% move). It happened early in the day (actually, only half an hour into the trading day) which spread an uneasy tension to the Nikkei and Heng Seng. The Nikkei lost 2.33% (as the JPY strengthened), whilst the HSI […]
January 7, 2016
COMMENT: Good morning, Martin. Yesterday I bought an old booklet printed for 10 NoK at the Armed Forces Museum: “Laws, resolutions and prescripts due to circumstances of war”, by the Justice Department, printed in Kristiania (now Oslo) in 1917. I thought I there would find the outline of a recipe for what may come here […]
January 6, 2016
Asia started weak (again), not China, but the Nikkei (-1%) and HSI (-1%). China actually performed better (+2.27%) with dealers quoting the off-shore FX weakness as a consequence. The yuan (off-shore) lost around 1% to close at a low of 6.7315 (a five-year record low). Obviously, North Korea’s claim that it has successfully carried out […]
January 5, 2016
Certainly, the markets were a lot more sedate today than they were on the first day of 2016! All eyes were on China after yesterday’s exchange close and initially, we did see a rather depressed (-2.6%) open, but only to recover within minutes. Most of the day was spent in and out of the red […]
January 4, 2016
QUESTION: Dear Mr Armstrong, Thank you EVER SO MUCH for everything that you do even for ordinary folks like me who are not traders but just want to have a good grasp of where to put their money. I have already learnt a great deal by merely following your blog throughout the last two years, and […]
December 31, 2015
It was a very dull day to finish 2015, but not really surprising given the performance we have seen for the year. Shanghai has finished the year up 9.4%, but it was the smaller Shenzhen Composite with a YTD gain of 63.2% that was the shining star. The Nikkei added to its annual gain by […]