The rumoured report of US weighing possibilities of easing tariffs certainly helped Asian markets to open on a positive note. The Hang Seng and Shanghai markets made steady progress as the day wore-on. The rally was well rounded with all sectors adding to the gains. Given the recent domestic support for China, it was the […]

COMMENT: Hi, The Norwegian Data Protection Authority is now arguing that GPS based taxation, for the amount of kilometers driven by car, can be done within 5-6 years! Norwegians trust the government way too much, because they believe that this system will eliminate the need for road tax, fuel tax, toll roads and reduce the […]

Delos, First Central Bank QUESTION: Dear Martin Wonder if you have any insights as to the history of the bank clearing process. Was the clearing process created mainly so banks could play games and earn interest with peoples’ money with the reasoning that it was to prevent money laundering? With technological advances today, one can accept […]

The latest game in Germany is now Merkel, who offered cash to refugees to return last November, has stepped up her game and offered to pay their living expenses for one year if they return home. Billboards are appearing all over Germany making this latest offer. Believe it or not, more than 20,000 refugees vanish […]

The theme coming from US markets yesterday was a confident day as prices were lifted for much of it. Japan’s Nikkei also saw healthy demand after a lower open and that comes after yesterdays national holiday. Mostly, the gains were accredited to measurers announced in China of tax cuts and possibly extended weekends, in order […]

A weak start to the week for Asia probably reflecting China’s poor trade data. This mornings data was the lowest in two years and raises concerns of an accelerating global slowdown. The data also posts a 17% increase with the USA, but also worth mentioning is that imports are over 15% lower from Germany too. […]

QUESTION: Dear Martin, you are very right that govs intend to terminate high denomination euros. In Germany it has been impossible to pay cash with a €500 note for quite some time now – at least at most of the shops I usually go to on a weekly basis. At the end of last year […]

We are witnessing the Yellow Vest Movement now also spreading to Australia. We are seeing the rise there and in Canada also against Fake News that the media is desperately fighting Trump on who now label him an idiot in headlines. We are also witnessing a backlash against taking in the Muslim claimed refugees from Syria […]

Asia was just playing catch-up this morning from Fridays after hours news. The US/China meeting finally started today, but news is yet to be heard of any breakthrough. Japans Nikkei was the star attraction closing up nearly 2.5%, but see a rather dull day after the opening strength saw narrow trading for the rest of […]

QUESTION: Do you support Trump’s Wall? They say Trump’s wall is a waste of money and won’t work. Do you disagree? GH ANSWER: To me, it is really irrelevant. It is far more important to the people living there on the border who are tired of all the crime and nonsense lacking security. There are […]