Early Market Talk Update following French vote: Following the result of the first round vote within France, the Asian exchanges were perplexed. One clear message that has been portrayed is that the safe-haven demand has vanished but has yet to reveal risk demand. A lot of what we have seen in the first 12 hours […]

Financials, energy, and resources took Asian markets weaker early in the sessions but had reversed all by the close with only the Nikkei not managing a gain. The Yen lost a lot of momentum today having faded the 108.00 level and late this US evening plays around the 109.40 range. Data released from China has […]

One of the greatest monetary experiments in financial history has been the global central bank buying of government debt. This has been touted as a form of “money printing” that was supposed to produce hyperinflation, which never materialized as predicted by the perpetual pessimists. Nevertheless, the total amount of Quantitative Easing (QE) adding up the […]

Weekend tensions continue to push money into safe-havens with the yen a good example of the flow. Gold, Treasuries and cash have also performed over the weekend. Trading down to the low 108’s, its lowest level since last November but still well above the August sub-par level. The Nikkei reversed early losses however and eventually […]

QUESTION: Marty, you said Trump was wrong and China was not a currency manipulator and that Trump was following the same path as James Baker and the Plaza Accord. Everyone knows you are the guy countries run to in the middle of currency wars. Trump just changed his position on China dropping his claim about […]

Floating cities in the sea are getting closer to reality at the Seasteading Institute. Futurists are already thinking about the founding of cities on the high seas. While the original argument was all about when population growth would make land so scarce we would have to move to the oceans, they never counted on cycles. The population […]

Currency, namely YEN, was the main talking point for the day as then yen approached 109 over Two big figures on the week. This obviously the currency move hit the Nikkei which closed down -0.7% all surrounding the on-going geopolitical concerns. Late in US trading news that the USA had dropped a large devise on […]

Asia traded heavy with the yen making new recent highs in the continued flight to quality/safety. Interesting we have seen such a tight trading range as we near almost half year lows and in rather thin volume. The blame continues to be placed at the feet of geopolitical tensions, France’s upcoming elections and the uncertainty […]

  Trump has sent a demonstration of strength against North Korea deploying a group of aircraft carriers towards the Korean Peninsula. With the loose-canon in charge of North Korea, a show of force is not guaranteed to have any effect on giving him a second thought. The measure instead may more likely simply exacerbate tensions […]

Japan was the major mover in Asian trade that followed the sentiment set by the afternoons reversal in US stocks. The Nikkei fell around 1.4%. The yen traded back to previous highs as again it was pushing against the 110 resistance level. Shanghai continued its run after the long weekend, eventually closing +0.35 higher again. […]