Asia: A down day for all the major Asian stock markets due to the weak China trade data. Chinese exports for the month of February decreased from 9.1% to -20.7%. This was the biggest fall in three years. Imports also fell 5.2% in the world’s second largest economy. Chinese stocks had a biggest daily loss […]
Asia: President Trump says he is optimistic that a landmark trade deal with China is near completion, however, reports suggest that Chinese officials do not feel the same. The latest news with Huawei suing the US over a product ban does not help the overall situation. A mixed day for Asian stocks: Shanghai rose 5 […]
Asia: Another positive day for Chinese stocks. The Shanghai Composite added 47 points (1.54%) to 3101, the highest closing since June 7th 2018. The SENSEX increased 190 points (0.52%) to 36633, Hang Seng and ASX200 rose 76 points (0.26%) to 29,038 and 46.3 points (0.75%) to 6,246 respectfully. However, both the NIKKEI 225 and KOSPI […]
Asia: China’s Premier Li Keqiang stated that China will face a graver and more complicated environment as well as risks and challenges that are greater in both number and size (in the coming future). He also reduced GDP growth expectation for 2019 from around 6.5% last year to 6%-6.5% this year. A 2 trillion (CNY) […]
Asia: China has accused two Canadian’s of spying in what seems as to be retaliation of the extradition of Huawei executive to the US. Tensions seems to be escalating between the two countries. Huawei Meng Wanzhou, in turn, sued Canada for violation of human rights. Ironically, there are now hopes for a conclusion to the […]
Asia: Stocks were boosted amid renewed hopes that a US and China trade deal will finally be resolved in the coming weeks. Some analysts are pointing their fingers at President Trump, stating that the deal was meant to be helping Americans, instead it is seen to be bringing fear to many businesses worried about importing […]
Asia: U.S. President Donald Trump said he had walked away from a nuclear deal at his summit with Kim Jong-un on Thursday as they cannot accept the demands from each other. Kim Jong-un pressed for the end of the US sanctions, however Trump declined as this was not possible until proof of total nuclear disarmament […]
Asia: Most of the Major Asian stock indexes increased today apart from the Hang Seng dropping 30.79 points (-0.11%) to 28,740. The Nikkei 225 gained 107 points or 0.5% to 21557; the Shanghai Composite added 12 points or 0.4% to 2954; the Kospi went up 8 points or 0.4% to 2235 and the ASX 200 closed 22 […]
Asia: Most of the major Asian stocks decreased today after yesterday’s impressive rise, particularly in the Shanghai Composite. The Shanghai dropped 63bps to 2943 today. Nikkei decreased -0.37bps to 21449; Kospi decreased 25bps to 2227; Hang Seng and ASX 200 decreased 65bps and 94bps to 28772 and 6128 respectfully. Gold did not absorb any of […]
This year we are holding a WEC in Rome, which is so appropriate not merely because of its extensive history that instructs us on how empires rise and fall, but because May is the crossroads for Europe. Besides BREXIT which PM Theresa May is now trying to delay because politicians fail completely to comprehend the role […]
