We start the week with mixed session from Asia as Chinese reserve data showed small increase and the general trend of acceptance for Chinese 5% growth. The Japanese yen continued its decline breaching 114 and even in late US trading had was last seen around the 114.25 level. The Nikkei edged better but a small […]
Following a weak US session, Asia fell in sympathy with US prices then levelled as China’s core held in well, especially as PBOC set the YUAN rate at 6.7744 – the highest in a while. China’s Manufacturing data helped Shanghai but the core large cap’s suffered as the Hang Seng lost -0.8%. Japan’s CPI and […]
China’s core indices continue to make ground having made their mark on the world stage last week. Both Hang Seng and Shanghai closed almost 1% higher building on recent gains as money is being reallocated towards domestic ventures rather than international, as was the talk today. The Nikkei inched higher but only as the JPY […]
QUESTION: Marty; Does Hillary still have her security clearance despite what she did? Is that true? ANSWER: Believe it or not, the answer is YES. However, the State Department has opened a formal inquiry into whether former Secretary of State Hillary Clinton and her aides mishandled classified information. Comey testified that she and her aides were […]
Many people have written in about my observation that the left is always violent and where revolution typically emerges. The hatred of the leftist community for anyone who disagrees with them is astonishing to say the least. I have always believed in a simple motto: I leave you alone and you leave me alone and […]
The Swiss voted to allow a new oversight of the Federal Intelligence Service to spy domestically for security, of course. There were promises that this would be subject to an independent control to ensure it was not abused and become a Stalinist power. Well, it turns out that the “independent” supervision is just an internal […]
We have prepared a very important special report on Britain in the wake of the British election. This special report covers the forecast for the British pound (otherwise known as cable or sterling) against the dollar, euro, and the Japanese yen. Additionally, this covers the long gilts and the share market. We have also addressed […]
The plot of the movie Minority Report was a SciFi flick that in the future they used physics to monitor the world and report if someone was going to commit a crime. Now Japan is doing that but without the physics – just bureaucrats. Japanese Prime Minister Shinzo Abe’s government passed the most outrages legislation perhaps […]
Tech shares continued to suffer in Asia but failed to influence the wider markets, but by the close even they had turned positive. Having been closed yesterday, today we saw a healthy run in the ASX (+1.67%) after the report that Business Confidence for May released better than expected. Banks led the rally with CBA, […]
Some were disappointed that the RBA (Reserve Bank Australia) did not actually cut rates and so were saw a sell-off in the All Ords. The Index declined around 1.5% with losses seen across the board in Financials, Energy and Resource stocks. The RBA reported balance of payments wider than expected (A$3.1BN). The currency balanced some […]
