The US share markets are being driven up by two main factors. First, institutions have sold the market assuming there would be a major crash. In February at the lows, Goldman Sachs was forecasting that the market could plunge another 25%. In May, Goldman Sachs again was warning that the next crash will be worse because […]

Despite a positive opening in the Nikkei, that sadly was not to last and eventually finished unchanged on the day. Exporters were the initial driver of the strength on the back of a weaker Yen (high 111’s), however, a lack of any follow-through and lower peripheral markets, sentiment just drifted with the days volume. Shanghai […]

New fresh highs established in the US helped drive sentiment in todays Asian trading. However, this was not to last and most core indices tended to drift lower for the remainder of the day. The Shanghai index actually spent much of its day trading in negative territory. The PBOC also set mid point for the […]

The PBOC change in technical methodology for pricing Yuan was the reason for the stock rally in Asia this morning and also responding to Powell’s comments. It could be political, but the move does look to be underpinning the Yuan, for the moment, as we head towards the next round of Trade Talks. Slowing the […]

There is an interesting piece running around the internet that someone has put together. Other than Lisa H. Barsoomian, the connections are true. Indeed, the characters in the play are all incredibly connected and it certainly appears that there is a deep and dark conspiracy against Trump. But this is not against Trump simply because they […]

With core China and the Hang Seng indices trading near their 52week lows, this is the direct opposite to core US indices that are making historic highs! Todays price action almost seemed typical of what we have seen over this past year. US markets are treading water at their highs, whilst Shanghai, Hang Seng, STI […]

Record highs achieved in the US session and so expectedly the Asia markets responded. The Nikkei was the leader, but interestingly not from the open! It took a while for sentiment to build, but the weakness of the Yen probably helped massage prices to close up +0.64%. The talk for this and the rest of […]

  Michael Avenatti, Stormy Daniels’ attorney, worked at a political opposition and media firm, The Research Group, which was run by Rahm Emanuel who was Barack Obama’s White House chief of staff. He also worked on Joe Biden’s U.S. Senate campaign. He is out to take down Trump for the Democrats. Avenatti has publicly stated that with Michael […]

Middle of summer and if you ever needed an excuse not to trade, today was probably it! Volumes were so poor they hardly registered a change in markets. Although the Nikkei started lower, it spent the rest of the day making its way back to positive. That is probably the good news as the close […]

  Japan was the outlier today after the majority produced a positive return. After an initial surge the Nikkei fell back into negative territory where it spent the rest of the day. Exporters, energy, base metals and banks fell victim to todays weakness and probably not helped by the Yen’s strength. In late US trading […]