Market Talk- June 20, 2018
Good to see a healthy rebound in todays Asian markets with strong performances across the board. It still appears however, that the market is not that confident that the US and China have settled for the moment as the Shanghai bounced just +0.3% and Hang Seng +0.75%. It was a different storey for countries with […] read more
JUN 20, 2018 - 7:03 pm
Market Talk- June 15, 2018
Markets always seem to be waiting for something and even today it appears they were concerned about the BOJ and then later the US/China Trade Talks. The result for cash was that the market felt that the BOJ offered a helping hand after it today downplayed its previous view on inflation. The subsequent bounce […] read more
JUN 15, 2018 - 10:12 pm
Market Talk- June 13, 2018
Interesting the price action in Asia following yesterdays events and action. The Nikkei was the only core market to record a positive return today, but probably weighted by the currency decline and safety boost. The Japanese index made steady progress throughout the day to close at the high, which was the complete opposite to […] read more
JUN 13, 2018 - 11:40 pm
Market Talk- June 11, 2018
We saw an interesting response after the weekends G7 meeting. Despite many negative headlines and a nervous stock opening we eventually saw confidence return and prices built momentum. The Nikkei bounced from a negative opening and rallied throughout the day to eventually close +0.5% higher on the day. Exporters, Technology and Financials all helped gains […] read more
JUN 11, 2018 - 5:24 pm
Market Talk- June 8, 2018
The uncertain US tech session resulted in negative Asian prices with China underperforming all the region. Core Shanghai and the Hong Kong’s Hang Seng both lost around 1.5% as financials, tech, real estate and energy stocks all traded heavy. We are starting to see a differing of opinion between China and other emerging economies, but […] read more
JUN 8, 2018 - 11:03 am
Market Talk- June 1, 2018
An interesting mixed to slightly negative Asian session in the face of so much uncertainty. Obviously, Trade Talks will dominate headlines over the weekend, but Politics and US data influenced todays markets. In Asia the US Dollar is still in demand despite the midweek rush into the Yen, but watching it leave Asian trading with […] read more
JUN 1, 2018 - 10:00 am
Market Talk- May 23, 2018
The jittery close in US markets weighed on Asia at the opening and the lack of clarity just accelerated the uncertainty. The safe-haven bid returned for the Japanese Yen with a 1% rally taking it back to a 109 handle. The Nikkei lost along with the core, ending the day down around 1.2%. The Hang […] read more
MAY 23, 2018 - 11:30 am
Market Talk- May 22, 2018
A fairly quiet day across all regions today, but probably expected given little overhang of the US/China Trade Talks, a lack of economic data and the FED minutes we will see being released tomorrow. In China the Shanghai closed almost unchanged, as Hang Seng market was closed for holidays. In Australia the ASX dipped -0.7% […] read more
MAY 22, 2018 - 2:59 pm
Market Talk- May 9th, 2018
Asian markets were in two minds whether to follow energy prices or industrial metals after the news from Washington yesterday. The Nikkei (-0.4%) interpreted it as negative and hit stocks from the opening bell, but did not really go anywhere from then onward. The JPY has resumed its downward trend and is this evening flirting […] read more
MAY 9, 2018 - 4:06 pm
Market Talk- May 8th, 2018
Although we await US President Trump’s Iran Nuclear address later this afternoon, Asian markets still closed better bid across the boards. Most of this was associated to the regional currency declines, but we did see some markets that performed. In Hong Kong the Hang Seng opened over 1% higher and continued to make progress for […] read more
MAY 8, 2018 - 2:00 pm