Asia: The topic for 2019 has certainly been the US-China trade negotiations. Today indicated the matter is far from solved. Negotiations are still ongoing with 21 days until the deadline. Also, like Germany, Trump wishes to ban all Chinese Telecommunications within the US as geopolitics are certainly heating up. China will reopen on Monday. […]
Asia: As the majority of the major markets are closed, the Nikkei yet again took central focus. The Nikkei moved up 60 bps as we saw capital flows move into Japan. The USD/JPY also weakened by 20 bps to 109.73. The Kospi reopened with negligible effect rising 7 bps. The Indian Sensex performed reasonably well […]
Asia: The following country’s markets are closed for the national holiday: China, Hong Kong, South Korea, and Singapore. The Chinese Yuan increased 16 bps against the dollar despite the market being closed. The Japanese stock market increased +0.14%. The YoY for the Nikkei is still negative, slipping -3.56%. The same cannot be said for […]
Asia: With most of Asia closed due to the Chinese New Year (many wishes again!), Japanese was subject to represent the region. The Nikkei 225, dropped 19bps today. German Chancellor Angela Merkel recent trip to Japan highlighted a concern with Huawei that data emanating from the EU must not be handed over to the […]
Asia: Firstly, we would like to wish our Chinese and Korean readers a happy new year and have a wonderful holiday. Asian stocks posted positive returns as optimism grew regarding a possible US and China trade deal. Donald Trump and Xi Jinping are due to meet on the 27th and 28th of February in […]
Asia: Equities globally performed pretty very today. China was no exception, with trump declaring “substantial progress” was being made with the US delegation meeting with China. Trumps comments were “This is either going to be a very big deal, or it’s going to be a deal that we’ll just postpone for a little while.” […]
Asia: Yesterdays’ FOMC, although rates were unchanged, the surprisingly dovish tone from Fed Chair. What was to follow was the global markets reacting to this, with Asian markets all performing well namely the Japanese Nikkei 225 and the Hang Seng index rising by 1.1% and the Chinese Shanghai Composite rose 0.4%. Huawei, with the […]
Asia: Both the Nikkei and the Shanghai were amongst the losers in Asia, dropping 108.10(-0.52%) and 17.28(-0.67%) bps respectfully. Kospi on the contrary had a positive day climbing more than 1%. The prolonged US-China trade war coupled with slowing Chinese growth is putting uncertainty in the region. The Japanese Industrial production PMI expect at -0.5% (previous was […]
Asia: Pretty uneventful day, with the Nikkei up slightly at +8bps, the Shanghai Composite down -10bps and Hang Seng drops -16bps. Looking ahead to tomorrow we have quite the day with Chinese Manufacturing data being due, which as we already see has great influence over energy markets – a negative number here will have a […]
Asia: Slightly subdued day in the Asia markets as the Nikkei was down -60bps but still well within the recently formed upwards channel, which started at the beginning of the month. On Sunday the BOJ meeting minutes were released, the minutes showed that the policy makers were disagreeing over the appropriate level of the […]
