We have added the following market to the Socrates general public service level. AEX All Share (Netherlands) FTSE 250 (United Kingdom) FTSE All Share (United Kingdom) FTSE All World $ (Global) Hang Seng China Affiliated Corporation (Hong Kong) Hang Seng China Enterprises (Hong Kong) Tel Aviv 125 (Israel) Jamaica Stock Exchange Main Index (Jamaica) KOSPI […]

We saw a mixed session in Asia which is not so surprising having seen a total reversal of US stocks gains in the final hour of trading. Yesterday’s 300 point gain ended with a 167 point decline proved the uncertainty Asia really didn’t need. The Yen continues to be the harbor of safety gains on […]

On the whole a positive session for Asia with the Hang Seng probably the stand-out performer on the day. Closing up almost 2% gains were led by financials, bouncing after yesterdays nerves, but also a strong performer were energy/chemicals and property sector’s with Country Garden (+5.6%) and China Petro-Chem (+3.7%). Shanghai market remains closed for […]

CNN is ecstatic. Mueller cannot prove any connection between Trump’s son-in-law Jared Kushner and Russia, so now he is turning to investigate if he solicited China or Qatar to invest any money in his company during the campaign. This is what I mean about Mueller. He is a vile and very evil man who is […]

The Japanese government once again reduced its holdings of US government bonds during December 2017. In total, Japan sold bonds worth $ 22.5 billion. This is not a huge amount. Nevertheless, this puts the total stock of US debt at about $ 1.06 trillion, which is the lowest level since 2012. Japan used to be the […]

Ahead of a short week for China holidays and the release of US CPI data, it was no surprise we saw a mixed session in Asia. The Nikkei continued its bearish move with a decline today of -0.45%, briefly flirting with the 200 day MA but bouncing by the close of play. The Yen remains […]

QUESTION: Briefly, the National Security Agency discovered that the FBI and DOJ were abusing the surveillance system. As a favor of one security agency to another, NSA Director Adm. Rogers permitted the FBI and DOJ to rush to the FISA Court and confess their transgressions before the NSA informed the Court. The FBI and DOJ […]

Another weak session for Asia, but following the US close that was never going to be a surprise! All core traded heavy throughpout the day but China’s Shanghai index lost most reflecting a 4.05% decline. Financials, insurers and real-estate were pretty much to blame, but we can not rule out todays data release. Although the […]

Politicians just do not get it. They have convinced themselves that they can tax whatever they desire and people have no choice but to pay. Missing in their analysis are two influences (1) people just stop earning income for it reaches a point it is not worth working anymore, and (2) you simply pick-up and […]

A busy day all round today from the Nikkei down another 2.5%, DOW futures 350 lower ahead of its open, rates rising, Jerome Powell taking office, Draghi to speak, Germany political uncertainty, BITCOIN losing another 8% now at 7,500 and the Bank of England to meet later in the week. Asia’s weakness is much of […]