The much anticipated and some would say, over expected, tariffs were announced after the US markets closed yesterday (Monday). The DOW had already dipped over 100 points, whilst the NASAQ closed 1.5% lower. It is often the case in markets that the news is more fearful than the act and that is what we […]
Another day another US/China trade headline dictating direction and concerns. One has to wonder if President Trump and the Washington Trade team are tagging it and playing good cop bad cop with the negotiators! President Trump is apparently insisting they impose additional tariffs, yet negotiators are attempting new talks. Meanwhile, the trend for both the […]
Asian markets ended the day strong, with the majority of the broader indexes increasing over 1%. Japanese Nikkei Index rose 1.2% albiet the manufacturing was slightly worse than expected; bringing the index to a 7 month high (Monday is a closed trading day). The exception to this case for a positive Asia was the Chinese […]
Following the late US headline that US/China trade talks were likely to resume, all Asian indices opened firm. The positive stance was reflected across all markets, but mainly assisting China – as you would expect. Hang Seng performed the most as exporters and tech companies surged on the news. Closing over 2.5% we saw the […]
Another day and another loss for some core Asian markets as concerns continue to spread. Both Shanghai and the Hang Seng opened weaker, but did mange to recover from the morning lows with even the occasional positive print. Both indices closed down around -0.3% placing them at nearly 14 month lows. The YTD decline for […]
It did look as though we may have seen a better day for core Chinese markets initially, but sadly today was not that day! Having seen positive moves in early trade, price action returned negative following the regional trend. Shanghai (-0.2%) was disappointing but is trending lower as headlines seem to run confidence. The Hang […]
Interesting that China markets remain heavy even whilst the Nikkei managed a bounce. Both Shanghai and the Hang Seng suffered over 1% losses today. Obviously, President Trump mentioning of an additional $267bn late last week didn’t help matters and that continues to nerve a broader audience again today. We continue to see money leaving the […]
Another negative day for Asian stocks as concerns over US/China trade wars and emerging market jitters continue. The timeline pasted for additional US sanctions which caused a small up-tic in prices ahead of the US numbers and the weekend. The Hang Seng managed an almost unchanged close, whilst Shanghai recovered much of the mornings levels […]
Another weak day across the board, starting in Asia and spreading west. There are ongoing concerns about emerging markets and the additional leverage being used almost everywhere. Much of this is being extended through the tech sector and that is what hurt the Hang Seng today. Closing down 1% it has also had a negative […]
The uncertainty continued from the US back into Asia this morning resulting in more Asian selling. Although core Chinese markets are light on volume, the concerns of sudden price discovery is the fear running through all emerging markets. We saw a flicker of this today when the Shanghai declined over 1.7%, but the Hang Seng […]
