QUESTION: I am beginning to see the light. It seems as though when gold rallies strong, the sentiment is reflected in these gold promoters. Then gold drops and they preach the same thing again. This leads them to buy every high and in fact they are merely cheering the news and are not analysts at all. […]

A healthy start to the final full week of October with promising data aiding markets globally. In Japan we saw better than expected September Exports (6.9% against a forecasted 10.4%) lifted the Nikkei in afternoon trade to close up 0.3% on the day. This was also supported by the October PMI which came in at […]

Asian markets traded better on the heels of last nights presidential debate following the firm US closes with Japan especially strong climbing 1.4%. The Nikkei is now trading at the highest levels since April and the JPY looks to have rejected the attempts to regain the par level. Shanghai and Hang Seng were little changed as most awaited […]

The Nikkei opened on a wobble but after the first couple of hours progressed steadily to close up +0.3% on the day. As JPY found the renewed bid, and even in late trading, the Yen was knocking on the 102 handle as futures trades close to unchanged. Shanghai also found comfort with Q3 GDP reporting […]

QUESTION: Dear Marty, I am a Muslim follower of your blog. And your blogs are great. I hope that everyone understands that you are not for this side or the other side. You are in the side of the unfolding of time (that’s how I see it – sorry if it is wrong). The problem […]

Another weak session for the Nikkei despite a brief run at the psychological 17k mark just ahead of lunch. However, it wasn’t to be and the sentiment from a weak US session finally penetrated what euphoria there was and eventually saw the Nikkei close around 1% lower on the day. In mainland China the Peoples […]

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 […]