The 3% decline in the NASDAQ and the 1.65% fall in both the S+P and DOW continues to nerve global markets and today was no different. Technology indices are affected across the globe, but then they have been the hot topic for a few years now. In Asia it was no different today with China […]
A quiet yet steady session for Asia as continued news of Sino-US trade talks probably hinder progress. What we continue to see recently though, has been the progressive move into the US Dollar. Again today the move fluctuates along with equity movement. The Hang Seng and Shanghai indices managed a near 1% return despite both […]
A relief rally after a poor opening for US markets and that confidence did roll into Asia, but only for a short time. The Nikkei opened well but then saw selling and the heavy mood softened the index into the weekend. This trade could also have been a balanced trade for the Yen, which is […]
Asia traded reasonably well following the US volatility, with core China indices closing over 1% higher following encouraging Trade headlines. Talk is that discussions between the two are progressing – or even that they are communicating! However, the main topic happened later in early London trading so lets just jumped ahead to todays hot topic […]
Only two of the core Asian indices opened better this morning and even they backed into negative territory. The Nikkei and the SENSEX were the two, but both were back in the red within the hour. Nerves, poor data, sentiment, lack of investment and the US volatility are all reasons being provided for the negativity […]
Although the Asian markets opened weaker, that proved to be the days low and all recovered from then on. That said, the Nikkei, New Zealand, KOPSI and ASX all finished lower with Japan actually losing 2%. In late trading we are seeing a small recovery for the Nikkei futures but with that the Yen is […]
A mixed session in Asia with most players watching the oil price decline which tended to unnerve many markets. The Shanghai index climbed from early negative prices to manage a 1%+ close for the day. The talk remains centered on trade and the negotiations both are expected to have at the G20 later this month. […]
Even as Chinas trade expanded, it really has done nothing for stock market confidence or sentiment, especially after the poor auto sales numbers. We saw more selling pressure today as the Shanghai core index closed 1.4% lower, with the Hang Seng under even more pressure resulting in a 2.4% decline. Money is still leaving the […]
Much of the Asian trading day was over when results began to appear from the US midterm elections and so markets lacked momentum. Early gains were reverted in what we now know were misinterpreted Asian market responses. The USD was sold throughout much of the day, but interesting that the Japanese Yen retained a 113 […]
Asia closed mixed but did see some corrections from Monday’s almost extreme moves. In Japan the Nikkei opened around 1% better and gradually managed to build upon those gains. Although closing up 1.15% led by pharmaceuticals, industrials and commodity companies we should still see things from the point of view in that, they many are […]
