Following a weak US session, Asia fell in sympathy with US prices then levelled as China’s core held in well, especially as PBOC set the YUAN rate at 6.7744 – the highest in a while. China’s Manufacturing data helped Shanghai but the core large cap’s suffered as the Hang Seng lost -0.8%. Japan’s CPI and […]

A Swedish report has been leaked that concludes the Refugee Crisis is destroying Europe. The report has revealed that the number of lawless areas (commonly referred to as, “no-go zones”) in Sweden have now reached 61, rising from 55 in just one year. This increase includes, not only the total number, but also the geographical […]

QUESTION: Mr. Armstrong; Reading between the lines, it seems that you support bank bailouts at taxpayer expense. Is this not counter to free market philosophy? KE ANSWER: Yes it is contrary to free market philosophy. However, it is the only reasonable solution at this moment in time without structural reforms to the financial system. If […]

A strong follow-on for Asia after the positive day seen for US markets yesterday. Although a lot of the talk in Europe surrounded regulations, in Asia they followed directions from three central banks – Europe, UK and Canada – as rhetoric talked of positivity. It is interesting how the market apparently “misinterpreted” Mr Draghi’s speech […]

Although the Shanghai index continued its positive trend we did finally see only a minimal advance and then a small set-back for the Hang Seng. An earlier strong gain (+0.6%) in the Hand Seng was lost by the time the market had closed but with numerous unexplained small cap scares, it was not a surprise […]

  So far, Prime Minister Theresa May has been unable to form a majority government. She is now officially on the clock and being unable to strike a deal means her government will fall apart. Negotiations with the Democratic Unionist Party, a far-right Northern Irish outfit whose support seems necessary for her to win the vote, […]

Most core markets finished a quiet week with limited volatility and little change. The Nikkei closed small down while the JPY set a similar trend, eventually finishing mid 111’s. A lot of the talk and discussions have been around the Hang Seng and the Chinese markets. Having just included 222 of the core Shanghai this […]

It turns out that the Grenfall tower fire may have been caused by Europe’s Global Warming regulations. To fight CO2 climate change, the EU Energy efficiency directive was passed into British law by the Blair Government back in 2010. The directive imposed energy efficiency  to be applied to buildings. They were directed to place cladding on the outside of the […]

The oil price to continues to unsettle markets and had a particularly heavy influence on European markets yesterday. US held in well but Asia looks to be turning over as we progress through the week. The ASX bounced (+0.7%) from yesterdays lows as the AUD played around unchanged levels (0.755), even as the NZD continued […]

QUESTION: Mr. Armstrong; I watched your movie the Forecaster with great interest. I then watched the Showtime interview of Putin by Oliver Stone. It suddenly struck me that he stated that U.S. intelligence agencies, interfered in the Russian 2000 election. That is why they blocked your movie from appearing in the United States when it was on TV […]