Japan finished on a strong note but it was a disastrous opening (following oil) that it had to spend the rest of the day recovering from but a near 1% better close certainly helped confidence into European trading. Shanghai opened well and continued strongly, eventually closing +1,4% firmer. However, the Hang Seng was anything but […]

Wikileaks says it will release every week more damning emails from Hillary. The first batch show Hillary’s campaign was very concerned that remarks she made in paid speeches to Wall Street firms would come out. This is why she would never release those speeches and the mainstream media just goes along with the cover-up. Various […]

Asian markets were marginally better on the back of oil but were awaiting the all important US jobs report after a sleepy opening until the FX market woke everyone up. A “fat-finger trade” as many were reporting it (implying a trader input the wrong price and/or quantity) saw GBP trade down to 1.1378 in seconds only […]

Asia, specifically the Nikkei, traded heavy from the opening and although attempted a bounce mid-session by the close ended 1.3% down. The JPY therefore saw moves towards the 100 level but was eventually rejected reaching only 100.25 and by late US trading leveled at 100.75. Many traders speculating about the Shanghai playing with the 3k level […]

In general, the conclusion for trading in Asia was positive with core indices closing up around 1%. However, it did not open that way where we saw the Nikkei off 0.75% as concerns continue around the BOJ’s uncertainty. Both Shanghai and Hang Seng opened with little change but gathered momentum as the day wore-on eventually closing around 1% […]

A weaker opening for Asia with the Nikkei 0.7% lower mid-morning and just kept drifting having heard Mr Kuroda inflation expectations and his possible “lower interest rates” comments. The Hang Seng and Shanghai indices traded heavy also as confidence was lost once the Shanghai broke the psychological 3k level. All core Asian indices closed between 1.25 and 1.75% on the day and that certainly […]

Most markets were in a holding pattern awaiting the outcome of central bank decisions. The Nikkei faltered initially but was short-lived as by the end of the day we closed almost unchanged. The BOJ decision expected within the next 24 hours could direct trading for the next few months. Most are looking for additional stimulus […]

As China opened after a long weekend, so it was that Japan was closed for national holiday (Respect for the Aged Day). There was also a computer issue in Australia that resulted in the ASX closing early. Ahead of both the FED and BOJ this week could be interesting. China added more liquidity over the weekend which set the […]

On the yearly level in Wheat CBT Futures, the last important low was established during 2010 at 4254, which was down 2 years from the high made back during 2008 at 13494. However, the highest closing was during 2007 at 8850. Right now, the market is trading below last year’s low of 4606. Overall, the […]

The strong US session ran into Asia resulting in strong performances for both the Nikkei and Hang Seng. Both closing around 0.75% higher the main pull was from financials but this is just a rebalancing from the losses they suffered earlier in the week. China remains on national holidays and so we wait until Monday […]