Market Talk- March, 13, 2018
A pretty mixed bag for Asia today with most core indices playing around unchanged for much of the day. The late weakness in the DOW obviously didn’t help confidence but then futures are bouncing back in Asian trading. The talk surrounding US tariffs still add a dampener on the Asian producers and that may be […] read more
MAR 13, 2018 - 3:17 pm
Market Talk- March 5, 2018
Although at the National Peoples Congress meeting, China announced an estimated annual growth rate of 6.5% – it was the Hang Seng that took centre stage as far as conversations were concerned! It appeared as though the market finally realised it was supposed to be declining and that led financials to push the index down […] read more
MAR 5, 2018 - 3:26 pm
Market Talk- February 21, 2018
On the whole a positive session for Asia with the Hang Seng probably the stand-out performer on the day. Closing up almost 2% gains were led by financials, bouncing after yesterdays nerves, but also a strong performer were energy/chemicals and property sector’s with Country Garden (+5.6%) and China Petro-Chem (+3.7%). Shanghai market remains closed for […] read more
FEB 21, 2018 - 3:48 pm
Market Talk- January 24, 2018
The DXY (Dollar Index) fell below the psychological 90 level today and that seemed to propel Asian stocks, whilst Europe preferred the currency. In Japan however, the Nikkei took the brunt of the selling, closing down (-0.8%) whilst the currency spent much of the day flirting with the 109 level. a gain of roughly […] read more
JAN 24, 2018 - 4:20 pm
Market Talk- January 19th, 2018
A positive day for core Asia but not that convincing. You could highlight the Australian ASX as one key core that set a weaker tone settling -0.15% lower, but we also saw the Hang Seng and the Nikkei in and out of negative territory. In Japan the Nikkei was better bid in the morning session […] read more
JAN 19, 2018 - 11:20 am
, Market Talk- December 28, 2017
Although not all markets closed positive, the overall theme certainly was. Shanghai and Hang Seng were both strong with gains made from Tech, Consumers and Energy all adding to the near 1% gains. Volumes were again very disappointing with todays HSI around 70% of the previous 30 days average. Much has ben talked of the […] read more
DEC 28, 2017 - 3:48 pm
Market Talk- December 21, 2017
It really does feel as though Christmas is being used an excuse not to do anything! Volumes have been poor for a while but recent trading questions whether we really need to open five days a week. No-one expected the BOJ to light the fuse and that was reflected in todays price movement. Early losses […] read more
DEC 21, 2017 - 4:44 pm
Market Talk- November 28th, 2017
Asia responded to an uncertain US session with its own uncertainty! The Nikkei was almost unchanged despite the move back into the Yen. The currency traded back toward the 111 level but stopped shy by only a few Sen. The Hang Seng alos closed almost unchanged but we saw a small positive move back for […] read more
NOV 28, 2017 - 4:03 pm
Market Talk- November 27th
It was the strength of the Yen that took top discussion point today in Asia, or alternatively, the US Dollars weakness. Having shown early gains, the Nikkei tended to drift and was probably influenced by a much weaker China market. The Shanghai index finished near 1% lower as concerns start to grow following the sell-off […] read more
NOV 27, 2017 - 4:22 pm
Market Talk- October 27, 2017
The close of a healthy week and the Nikkei manages a close above the 22k figure. It has been flirting with the 22 handle all week and finally takes the YTD close above 15% and the 1yr to 27%. Initially, the rally was helped by the weaker Yen, which earlier was trading 114.20. This […] read more
OCT 27, 2017 - 1:17 pm