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ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 310.26 points or -0.92% to 33,264.88 Shanghai closed Hang Seng closed ASX 200 decreased 119.40 points or -1.63% to 7,195.50 Kospi increased 11.07 points or 0.43% to 2,593.70 SENSEX decreased 284.26 points or -0.45% to 63,238.89 Nifty50 decreased 85.60 points […]
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 increased 186.23 points or 0.56% to 33,575.14 Shanghai decreased 42.46 points or -1.31% to 3,197.90 Hang Seng decreased 388.73 points or 1.98% to 19,218.35 ASX 200 decreased 42.90 points or -0.58% to 7,314.90 Kospi decreased 22.28 points or -0.86% to 2,582.63 […]
ASIA: The People’s Bank of China has taken steps to stimulate economic growth by cutting two key lending rates for the first time in 10 months. The one-year loan prime rate was reduced by 10 basis points from 3.65% to 3.55%, and the five-year loan prime rate was lowered from 4.3% to 4.2%. These […]
Despite the cheering from the Washington Post, CNN, NY Times, the rest of the anti-Democracy press, and all the Democrats who were brainwashed into thinking Trump really won only because of Putin in the Hillary version of conspiracy theory (misinformation), what they have unleashed is the international collapse in confidence of the United States. Ever […]
ASIA: China’s inflation remained close to zero in May, sparking concerns on a falling spiral in prices and prompting the central bank to come out to downplay worries on the economic outlook. The consumer price index rose 0.2% from a year earlier, the National Bureau of Statistics said last Friday, in line with […]
ASIA: India’s wholesale price-based inflation fell by 3.48 per cent in May on an annual basis as against a contraction of 0.92 per cent in April, the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry stated on Wednesday. The inflation rate for the food index witnessed a contraction of 1.59 […]
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 584.65 points or 1.80% to 33,018.65 Shanghai increased 4.84 points or 0.15% to 3,233.67 Hang Seng increased 117.11 points or 0.60% to 19,521.42 ASX 200 increased 16.40 points or 0.23% to 7,138.90 Kospi increased 8.60 points or 0.33% to 2,637.95 […]
ASIA: The 10th Arab-China Business Conference commenced with the signing of 30 investment agreements totaling $10 billion in various sectors. These agreements cover areas such as technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare. The Saudi government signed deals with multiple Chinese entities, encompassing projects like automotive research and development, tourism […]
QUESTION: Dear Mr. Armstrong, could you please explain what happens in technical terms from a capital flow perspective, when confidence is lost and hyperinflation starts to begin? For example Turkey. When Erdogan was elected i think you wrote that ever since the lira started dropping. So confidence in politics is key. Do you think one […]
