An encouraging session for Asia overnight but especially the Nikkei. Bouncing from yesterdays lows with an enticing 600 point (3.7%) rally. We did not see that response from either the Shanghai or Hang Seng but positive sessions for both is acceptable for any day. The JPY remains a focal point between dealers as all are looking for […]

  The 2016 World Economic Conference will probably be held in Orlando. We are not planning to hold one in Europe at this time. We will not be holding an introduction, instead, we will provide a DVD of the introduction from the 2015 WEC in Berlin so we can discuss forecasting ONLY. This year, we […]

Europe is being torn apart from the inside. In Paris, the metro station is turning into a slum and war zone. School gyms in Germany have been turned into dorms for migrants and many kids have lost sports as a result. This has turned everything just completely nuts. I have been told that many people […]

A disappointing result from the weekends Doha meeting, resulted in negative market reaction early Monday morning trading. With oil initially trading off 6.5% from Fridays close the Asian equity markets opened in a bit of a frenzy with many brokers looking for the bid. The Nikkei was the weakest of the bunch closing down over […]

Saudi Arabia has threatened the Obama administration and congressional leaders that it will sell billions of dollars in U.S. financial assets if Congress passes a bill to make the Saudi government legally responsible for any role in the 9/11 attacks. That bill would allow claims to freeze their assets in the USA by a judge pending […]

QUESTION: Dear Marty, Whether in a Phase-transition or a Slingshot Move in the Dow, you made it very clear that such moves will be driven by capital inflows to the USA due to the alternative flight to quality to the private sector, both internationally and domestically. It is now just so obvious, it is unfolding […]

It really should be no surprise to people that we saw some retracement after a 3.3% rally in a day. That is exactly what we saw today in the Nikkei after yesterdays euphoria. Most dealers were hoping China’s GDP release was going to provide the end of week support for the markets but that failed […]

Next week, China will begin its competition with London & New York and attempt to create the equivalent of the London gold fix but in Chinese yuan on April 19th. Of course the gold bugs are misrepresenting this as some dollar killer. Top Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members […]

The market was right to focus on the Japanese Yen over the past few days having witnessed a convincing dip in the Nikkei that many wish they had bought. Having been concerned last week of the 16k level, tonight we are discussing the 17k point after a 530 point rally today. Both Shanghai and Hang […]

JPY remained the focal point for Asia, well that was until the market realized it had finally turned. The JPY took out the 109 handle and dealers were less concerned and comfort returned to the Nikkei. The session went from strength to strength closing up almost 2% on the day. The Shanghai and Hang Seng […]