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Procopius – 365-366 AD

PROCOPIUS 365-366 AD Relative of Julian II Procopius was related to Julian II most likely on his maternal side. Procopius was born at Cilicia to a wealthy family. He became an imperial secretary and tribune. When Julian became Emperor in 361 AD, Procopius was raised to the rank of Comes and served as a general under Julian […] read more

Perdikkas III – 365-359 BC

Monetary History of Macedonia Perdikkas III 365-359 BC Coming Soon Monetary History of the World © Martin A. Armstrong read more

Market Talk- March 14, 2018

  All of the core Asian markets suffered from US uncertainty today with closes mostly in the region of -0.5% lower on the day. Continued uncertainty surrounding the growing fears of a trade war is spooking markets everywhere. The Nikkei finished a four day rally with a -0.9% decline. There was not much volatility there […] read more

Market Talk – February 6, 2017

After a successful Non-Farms number on Friday, Asia followed suit encouraged along by the US markets closing near their days highs. All core Asian indices followed but with the exception of the ASX (Australian exchange) which closed small lower as the currency made ground. The Nikkei made ground closing +0.35% higher but could have been […] read more

Market Talk- January 4, 2019

The initial headline that US and China plan to reconvene talks next week, was all it took to start the stock market bounce. However, added to this was that China lowered the RRR (Reserve Ratio Requirement) by 50bp initially then another 50bp later and that helped Europe to perform. Japan’s Nikkei (-2.25%) hit by commodity […] read more

Market Talk – February 7, 2017

Given that we saw the US markets retreat mid-session from early highs, in Asia many were concerned the full enthusiasm is yet to arrive. As equity markets took a side-step gold was the main talking point after its near $20 rally in late US trading. The flight to quality also saw the JPY retest old […] read more

Market Talk – August 30, 2016

The Nikkei was not the main topic of conversation today in Asia as the Shanghai and Hang Seng both outperformed the Tokyo exchange. The HSI closing up 0.85% and was the best performer, until after Asian cash markets closed. Throughout the European and US time zone the JPY has weakened through the 103 handle and […] read more

Market Talk – February 9, 2016

Overnight, we saw one of the largest declines in a long time when the Nikkei closed down 5.4%. Exporters (Toyota, Nissan, Sony) were all off around 6.5%. The 10yr JGB (Japanese Government Bonds) traded below 0% for the first time ever. The currency gained 1.8% to trade 114.20 during the European trading session. With the […] read more

Market Talk – February 11, 2016

It must feel like there is no end in sight for the Japanese stock decline as futures continued their decline despite the cash being closed for a public holiday. We did see the return of the Hang Seng with a -3.8% decline after celebrating the Lunar New Year. Again, oil was the top “excuse” having seen […] read more

Market Talk — September 1, 2015

You can always expect a quiet session when one of the major centers are out for a bank holiday, and that was what we saw yesterday. Not that dealers needed much of an excuse after last week’s fun and games. Asia did have a weak session after all the talk of the possibility of the Federal Reserve […] read more