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
MAR 14, 2018 - 2:52 pm
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
FEB 6, 2017 - 4:43 pm
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
AUG 30, 2016 - 3:48 pm
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
JAN 4, 2019 - 4:04 pm
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
FEB 7, 2017 - 5:00 pm
Draghi at War with Reason & Other Central Banks
Tensions are starting to rise between Germany and the ECB because Draghi will not admit his negative interest rates are causing an economic meltdown. “We continue to expect them (interest rates) to remain at present or lower levels for an extended period of time, and well past the horizon of our net asset purchases.” Draghi is absolutely […] read more
APR 22, 2016 - 1:52 am
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
FEB 9, 2016 - 10:10 pm
Market Talk – February 26th, 2016
We saw healthy performances across all Asian Indices amongst the G20 headlines. There is much talk about additional fiscal stimulus coming from China whilst Germany takes the opposite view (expressed by Wolfgang Schaeuble) stating that easy monetary policy “risks serious side effects.” Core indices closed higher on the day (Nikkei +0.3% and Shanghai +1%) but […] read more
FEB 27, 2016 - 12:03 am
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
FEB 11, 2016 - 5:26 pm
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
SEP 1, 2015 - 4:29 am
