As Japan was on holidays Thursday it was today that the Nikkei cash market caught up with yesterdays futures decline. With the market still nervous surrounding the FBI’s investigations ahead of the US elections, coupled with todays release of the Non-Farms Payrolls prices were hit closing down 1.4% on the day way before numbers were […]

As we move into the elections and the polls narrow with Trump gaining, the power that be will try to push the US share market down to create the image that a Trump victory will be devastating just as they did in Britain. The number to watch in the Dow for today’s closing is 17713. […]

QUESTION: Mr. Armstrong; You have pointed out that both Republicans and Democrats have voted for wars and they really seem to have no differences on this issue. You have said they use the social issues to distinguish themselves, but war and economics they seem to always agree. Do you have any insight on this phenomenon? […]

Headine:  Democrats should ask Clinton to step aside I fully agree from my “opinion” perspective that Hillary is a disgrace and she should step aside and Joe Biden should be the Democratic Candidate. Americans have “become so numb by the decades of lies and cynicism oozing from Clinton Inc. that it could elect Hillary Clinton as president, […]

  The Nikkei continued its march despite the weakness seen in other Asian markets as currency continues to be the counterbalance. In late morning trade we did see a retracement back towards unchanged level but that was short-lived and as soon as the afternoon session resumed trading the buyers lifted it again and we closed […]

Energy prices were hit quite quickly after a significant bounce upon the EIA news and that played out overnight in Asia. Energy stocks dragged the Hang Seng lower again today with the index closing down around 0.8% on the day. In Japan BOJ governor, Kuroda, said that he would not be surprised if long term […]

Having rejected the 17k level in the Nikkei we witnessed a powerful opening which never looked back. Complementing the surge was a weak JPY which very much looked as though it could have a 105 handle at one stage. Given the renewed currency weakness it was exporters that led the way with Panasonic, Mitsui Mining […]

QUESTION: Marty, can you say what the actual capital flow number was per month? ANSWER: The net foreign private inflows were $113.0 billion, and net foreign official outflows were $39.3 billion for August on securities. That is cash, minus trade. So this is the amount of money running into money instruments.

What appeared to be an uncertain start turned into smiles and hugs all around. The Nikkei opened unchanged and drifted into the red for a short time until the weaker JPY helped exporters and even late in US trading remains above the 104 handle. Shanghai also went from strength to strength and the Yuan continues […]

Asia saw a mixed session with the Nikkei and Hang Seng lower whilst Shanghai rallied. The mood certainly appears heavy the past few days but more through uncertainty than actual news although we did see Chinese exports decline it did not halt the Shanghai’s performance. The impact of China’s data on European markets was evident […]