Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil DownStocks Rise In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate, but its retail markets are expanding widely. China makes up 19% of the world’s economy, the slowdown this year […]

Australia: S&P/ASX 200 (.AXJO) set to open lower on renewed concerns about a global growth slowdown

Australia: S&P/ASX 200 (.AXJO) set to open lower on renewed concerns about a global growth slowdown

Australia: S&P/ASX 200 (.AXJO) set to open lower on renewed concerns about a global growth slowdown Australian shares are set to open lower on renewed concerns about a global growth slowdown. Jobs report ahead. ASX futures were down 4 points, paring earlier losses, at about 8.15am AEDT. The Australian dollar – for now defying an even […]

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index down

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index down

Shanghai: SSE Composite Index (.SSEC) stocks higher, blue-chip CSI300 index down China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. Mounting pressure on the world’s second-biggest economy pushed growth last year to its lowest since […]

Singapore: STI Index (.STI) stocks continues their downward slide

Singapore: STI Index (.STI) stocks continues their downward slide

Singapore: STI Index (.STI) stocks continues their downward slide Amid a cautious trading environment, Singapore stocks continued their downward slide yesterday, with the Straits Times Index (STI) losing 0.68 per cent or 21.6 points to close at 3,171.11. Investors are finding more reasons for gloom than cheer, with the International Monetary Fund’s downgrade of its […]

Australian Dollar: USD/AUD (AUD=X) keeps on declining

Australian Dollar: USD/AUD (AUD=X) keeps on declining

Australian Dollar: USD/AUD (AUD=X) keeps on declining AUD/USD continued its downward move yesterday, providing further evidence that global risk appetite is waning. A rally off the lows yesterday is faltering at $0.714, creating a lower high. Further declines target $0.712 and then $0.709. Overall, the bias in prices is: Sideways. The projected upper bound is: 0.72. […]

Hong Kong: HANG SENG INDEX (.HSI) uncertainty over US-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) uncertainty over US-China trade talks

Hong Kong: HANG SENG INDEX (.HSI) uncertainty over US-China trade talks Major stock markets in Asia ended mixed on Wednesday amid concerns over the state of ongoing U.S.-China trade negotiations, after reports emerged that the White House canceled a trade planning meeting with Beijing this week. The mainland Chinese markets, closely watched in relation to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold SteadyUSD FlatCrude Oil UpStocks Off In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China reported its lowest annual economic growth since Y 1990 and must stimulate. Gold: Gold prices stood firm Wednesday on higher demand for safe-haven assets over concerns of slowing global economy and […]

China Musts: Align with US on Trade and Stimulate Sinking Economy

China Musts: Align with US on Trade and Stimulate Sinking Economy

China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said Wednesday. Mounting US trade tariff pressure on the world’s 2nd-biggest economy pushed growth last year to its lowest since Y 1990 even as Beijing stepped up stimulus measures […]

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

China Trade Issues Still in the Headlines, Stocks Retrace Overbought Conditions

$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]

Australia: S&P/ASX 200 (.AXJO) futures pointing lower

Australia: S&P/ASX 200 (.AXJO) futures pointing lower

Australia: S&P/ASX 200 (.AXJO) futures pointing lower The Australian share market looks likely to extend its decline on Wednesday. According to the latest SPI futures, the ASX 200 is poised to open the day 0.4% or 23 points lower this morning. This follows a disappointing night of trade on Wall Street which late in the […]

Dip in Japanese Yen: USD/JPY (JPY=X) uptrend provides bulls with an opening

Dip in Japanese Yen: USD/JPY (JPY=X) uptrend provides bulls with an opening

Dip in Japanese Yen: USD/JPY (JPY=X) uptrend provides bulls with an opening As with equities, USD/JPY’s bounce has stalled over the past couple of sessions, but the uptrend is still in place. The pullback from Friday highs has been met with buying so far this morning, with the price finding support around ¥109.35. If a higher […]

Hong Kong: HANG SENG INDEX (.HSI) concerns about the global economic outlook

Hong Kong: HANG SENG INDEX (.HSI) concerns about the global economic outlook

Hong Kong: HANG SENG INDEX (.HSI) concerns about the global economic outlook Stocks in Asia declined on Tuesday as investor sentiment dipped on concerns about the global outlook, after the International Monetary Fund (IMF)slashed its world economic growth forecast on Monday. In the Greater China region, the Shanghai composite declined about 1.18 percent to close at around 2,579.70 and […]

Singapore: STI Index (.STI) shares decline on concerns China slowdown

Singapore: STI Index (.STI) shares decline on concerns China slowdown

Singapore: STI Index (.STI) shares decline on concerns China slowdown Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was […]

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie

Australian Dollar: USD/AUD (AUD=X) Weak Global Economic Forecasts Weighing on Aussie The Australian and New Zealand Dollars are trading lower on Tuesday in reaction to concerns over data showing China’s economy slowed sharply in 2018 and weakening global growth. The lack of fresh developments over U.S.-China trade relations could also be weighing on the Aussie […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold OffUSD FlatCrude Oil DownStocks Off In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. China’s state planner Tuesday warned that the downward pressure on the economy will affect China’s job market as falling factory orders point to a further drop in activity in coming months and […]

Singapore: STI Index (.STI) shares open higher

Singapore: STI Index (.STI) shares open higher

Singapore: STI Index (.STI) shares open higher Singapore stocks opened higher on Monday (Jan 21), with the Straits Times Index advancing 9.17 points, or 0.3 per cent to 3,233.51 as at 9.01am. Gainers outnumbered losers 75 to 20, after about 73.5 million shares worth $44.1 million changed hands. The most actively traded counter was JCG […]

Australia: S&P/ASX 200 (.AXJO) poised to edge lower after the IMF once again pared its global growth forecast

Australia: S&P/ASX 200 (.AXJO) poised to edge lower after the IMF once again pared its global growth forecast

Australia: S&P/ASX 200 (.AXJO) poised to edge lower after the IMF once again pared its global growth forecast Australian shares are poised to edge lower after the IMF once again pared its global growth forecast. ASX futures were down 1 point near 5.45am AEDT. European shares were mostly lower. Wall Street was closed for a holiday. […]

Japanese Yen: USD/JPY (JPY=X) investors eye BoJ statement

Japanese Yen: USD/JPY (JPY=X) investors eye BoJ statement

Japanese Yen: USD/JPY (JPY=X) investors eye BoJ statement USD/JPY is quiet at the start of the week. In Monday’s North American session, the pair is trading at 109.67, down 0.09% on the day. In economic news, U.S banks are closed for a holiday. With no U.S or Japanese events on the schedule, traders can expect […]

Shanghai: SSE Composite Index (.SSEC) investors shrugged off the country’s slowest rate of annual economic growth in 28 years

Shanghai: SSE Composite Index (.SSEC) investors shrugged off the country’s slowest rate of annual economic growth in 28 years

Shanghai: SSE Composite Index (.SSEC) investors shrugged off the country’s slowest rate of annual economic growth in 28 years China shares ended higher on Monday as investors shrugged off the country’s slowest rate of annual economic growth in 28 years amid expectations that authorities will pursue more stimulus to support growth.  At the close, the […]

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower

Australian Dollar: USD/AUD (AUD=X) at risk of another break lower AUD/USD has been on the rise throughout the beginning of 2019, although the past week has seen the pair drift lower in what could be a topping pattern. The wider trend in AUD/USD is bearish, and thus until we break through the $7393 level, there is […]

Hong Kong: HANG SENG INDEX (.HSI) investors shrugged off data showing the Chinese economy slowed

Hong Kong: HANG SENG INDEX (.HSI) investors shrugged off data showing the Chinese economy slowed

Hong Kong: HANG SENG INDEX (.HSI) investors shrugged off data showing the Chinese economy slowed Hong Kong’s main Hang Seng index crept higher on Monday as investors shrugged off data showing the Chinese economy slowed within market expectations in the fourth quarter of 2018, amid expectations that Beijing would roll out more stimulus to boost […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Up USD Soft Crude Oil Higher Stocks Up In Asia Notes: The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. UK PM May will return to Parliament Monday to set out how she plans to try to break the BREXIT deadlock after her deal was rejected by […]

Australia: S&P/ASX 200 (.AXJO) set to open higher on hopes that the US and China are moving to resolve their trade dispute

Australia: S&P/ASX 200 (.AXJO) set to open higher on hopes that the US and China are moving to resolve their trade dispute

Australia: S&P/ASX 200 (.AXJO) set to open higher on hopes that the US and China are moving to resolve their trade dispute Australian shares are set to open higher on hopes that the US and China are moving to resolve their trade dispute. ASX futures were up 43 points. US markets will be closed Monday […]

Hong Kong: HANG SENG INDEX (.HSI) bets of US/China trade progress

Hong Kong: HANG SENG INDEX (.HSI) bets of US/China trade progress

Hong Kong: HANG SENG INDEX (.HSI) bets of US/China trade progress Australian shares are set to open higher on hopes that the US and China are moving to resolve their trade dispute. ASX futures were up 43 points. US markets will be closed Monday for a holiday. The Australian dollar slipped 0.4 per cent. Wall […]

Shanghai: SSE Composite Index (.SSEC) hopes that Beijing and Washington could reach a deal to end their tariff war

Shanghai: SSE Composite Index (.SSEC) hopes that Beijing and Washington could reach a deal to end their tariff war

Shanghai: SSE Composite Index (.SSEC) hopes that Beijing and Washington could reach a deal to end their tariff war Chinese stocks rose on Friday, posting their third straight week of gains, buoyed by hopes that Beijing and Washington could reach a deal to end their tariff war. The blue-chip CSI300 index closed up 1.8 percent […]

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish

Australian Dollar: USD/AUD (AUD=X) tone changed from short-term bullish to short-term bearish The tone changed from short-term bullish to short-term bearish last week when U.S. Treasury yields started to rise. This helped make the U.S. Dollar a more attractive investment. Yields are being boosted by increased demand for risky assets tied to the optimism over […]

Japanese Yen: USD/JPY (JPY=X) Increased Risk Appetite

Japanese Yen: USD/JPY (JPY=X) Increased Risk Appetite

Japanese Yen: USD/JPY (JPY=X) Increased Risk Appetite The Dollar/Yen rose last week on the back of higher Treasury yields and increased appetite for risky assets. Traders were reacting to optimism over progress in U.S-China trade talks. The catalysts behind the rising Treasury yields were reports that the two economic powerhouses were considering offering concessions to […]

Singapore: STI Index (.STI) Renewed Support Predicted

Singapore: STI Index (.STI) Renewed Support Predicted

Singapore: STI Index (.STI) Renewed Support Predicted The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced more than 55 points or 1.7 percent. The Strait Times Index now rests just beneath the 3,215-point plateau although it figures to rebound on Friday. The global forecast for the Asian markets […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady USD Firm Crude Oil Higher Stocks Up In Asia Notes: A report Thursday saying that Washington was considering lifting some or all tariffs imposed on Chinese imports buoyed financial markets, including Crude Oil. The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. Gold: Spot gold was set for its 5th straight […]

The Key Reasons for Australia to Exit the Paris Accord Now

The Key Reasons for Australia to Exit the Paris Accord Now

It is urgent that all Australian politicians understand the dangers in the Paris Climate Agreement. Here are the Key Reasons to EXIT PARIS NOW: The science is not settled – hundreds of scientists in Australia and thousands more throughout the world reject the theory that human production of CO2 (carbon dioxide) is driving dangerous global […]

US, NKorea Holding Talks on 2nd Trump-Kim Summit

US, NKorea Holding Talks on 2nd Trump-Kim Summit

High-level diplomatic talks to finalize a 2nd summit between President Trump and NKorean leader Kim Jong Un are happening this week in Washington. Secretary of State Mike Pompeo is expected to meet former NKorean chief diplomat Kim Yong Chol at a Washington hotel Friday. The meeting will likely be followed by Chairman Kim’s visit to […]

US Considering Lifting Some or All Tariffs Against Chinese Imports

US Considering Lifting Some or All Tariffs Against Chinese Imports

$DIA, $SPY, $QQQ, $RUTX, $VXX The US market spiked on reports that the US is considering lifting tariffs on China imports during trade negotiations. US Treasury Secretary Steven Mnuchin has discussed the lifting some or all tariffs imposed on Chinese imports and suggested offering a tariff rollback during trade discussions scheduled for 30 January. But […]

Hong Kong: HANG SENG INDEX (.HSI) struggling for gains despite strong US earnings

Hong Kong: HANG SENG INDEX (.HSI) struggling for gains despite strong US earnings

Hong Kong: HANG SENG INDEX (.HSI) struggling for gains despite strong US earnings Asia Pacific shares traded mixed on Thursday, despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment. Japan’s Nikkei 225 erased early gains of near 0.3 percent […]

Australian Dollar: USD/AUD (AUD=X) finds support

Australian Dollar: USD/AUD (AUD=X) finds support

Australian Dollar: USD/AUD (AUD=X) finds support The Australian dollar initially pulled back a bit during the trading session on Thursday, dipping slightly below the 50 day EMA. However, we bounced slightly, and I think this is indicative of what we are going to see, a slow and gentle grind lower. This isn’t necessarily an indictment on […]

Singapore: STI Index (.STI) strong earnings reports lifted indexes on Wall Street

Singapore: STI Index (.STI) strong earnings reports lifted indexes on Wall Street

Singapore: STI Index (.STI) strong earnings reports lifted indexes on Wall Street Singapore stocks opened higher on Thursday, with the Straits Times Index advancing 3.98 points, or 0.12 per cent to 3,233.09 as at 9.05am. Gainers outnumbered losers 67 to 32, after about 38.1 million shares worth S$80.3 million changed hands. The most actively traded […]

Australia: S&P/ASX 200 (.AXJO) trading in positive territory

Australia: S&P/ASX 200 (.AXJO) trading in positive territory

Australia: S&P/ASX 200 (.AXJO) trading in positive territory Australian shares are set to open higher, as Wall Street extended early gains on hopes for trade talks between the US and China. ASX futures were up 25 points near 7am AEDT. The Australian dollar advanced 0.4 per cent. The S&P 500 pushed above its average price […]

Japanese Yen: USD/JPY (JPY=X) pulls back from overnight high

Japanese Yen: USD/JPY (JPY=X) pulls back from overnight high

Japanese Yen: USD/JPY (JPY=X) pulls back from overnight high Since yesterday’s high, the USD/JPY price has pulled back, but the uptrend from the lows of last Thursday remains intact. Even a dip to ¥108.50 would still be a possible buying opportunity, and for now the price is holding above ¥108.70. A fresh move higher, reinforced by the […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady USD Firm Crude Oil Lower Stocks Mixed In Asia Notes: Spot gold is about to exit a Neutral range of $1,285-$1,299, and either rise to $1,311 or drop towards $1,268. The Federal Open Markets Committee (FOMC) will hold the next policy-setting meeting on 29-30 January. Gold: Gold has gained for 5 weeks running, but prices have been […]

Singapore ‘Hawker’ Restaurant Michelin-Starred and Most Affordable

Singapore ‘Hawker’ Restaurant Michelin-Starred and Most Affordable

The notion of dining at Michelin-Starred restaurants evokes visions fine food and $$$$$, but there are some spots that will not break your bank. So, if you are in Southeast Asia, and looking to try the cheapest Michelin-starred restaurant in the world, you will need a plane ticket to Singapore and standing in lengthy queues. […]

Japanese Yen: USD/JPY (JPY=X) still very much in the consolidation phase

Japanese Yen: USD/JPY (JPY=X) still very much in the consolidation phase

Japanese Yen: USD/JPY (JPY=X) still very much in the consolidation phase The US dollar has gone sideways overall against the Japanese yen, showing a bit of resiliency. However, the ¥108 level underneath is massive support, so I think it is going to continue to be able to hold the market up a little bit. However, if […]

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment

Australian Dollar: USD/AUD (AUD=X) Westpac Consumer Sentiment shows deterioration in sentiment The Australian Dollar took a steep fall in the Westpac Consumer Sentiment index in its stride Wednesday but selling the Antipodean currency is still a “top ten” investment idea for the 2019 year, according to analysts at DBS Bank who see the Reserve Bank of Australia having to delay any […]

Singapore: STI Index (.STI) Asian markets ease after May’s Brexit vote defeat

Singapore: STI Index (.STI) Asian markets ease after May’s Brexit vote defeat

Singapore: STI Index (.STI) Asian markets ease after May’s Brexit vote defeat Asia markets took a break on Wednesday, as investors assessed and looked for direction after the British Parliament overwhelmingly rejected its Prime Minister (PM) Theresa May’s Brexit deal. Markets also tuckered out from the earlier growth stimulus announcement from China. Britain’s Members of […]

Australia: S&P/ASX 200 (.AXJO) Opening Higher

Australia: S&P/ASX 200 (.AXJO) Opening Higher

Australia: S&P/ASX 200 (.AXJO) Opening Higher Australian shares are set to open modestly higher as investors turn cautious amid uncertainty about Brexit and the US government shutdown. ASX futures were up 9 points at 8.15am AEDT. The Australian dollar slipped 0.4 per cent. Shares on Wall Street were higher as positive news from Goldman Sachs […]

Hong Kong: HANG SENG INDEX (.HSI) Investors now focus on a no-confidence vote on May’s government by Britain’s parliament

Hong Kong: HANG SENG INDEX (.HSI) Investors now focus on a no-confidence vote on May’s government by Britain’s parliament

Hong Kong: HANG SENG INDEX (.HSI) Investors now focus on a no-confidence vote on May’s government by Britain’s parliament Asian shares ended mostly higher on Wednesday even as the U.K. House of Commons voted down Prime Minister Theresa May’s Brexit deal by a crushing margin, stoking fresh uncertainty. Investors now focus on a no-confidence vote […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Up USD Lower Crude Oil Steady Stocks Steady including Japan In Asia Notes: On the earnings front, US banks: Goldman Sachs (GS) will be in focus Wednesday Expectations are low with profits for US companies forecast to rise 6.4%, down from an 1 October estimate of 10.2% and a big fall from 2018’s tax cut-fueled gainer of more […]

Hong Kong: HANG SENG INDEX (.HSI) Beijing pledges a mix of tax breaks to help businesses

Hong Kong: HANG SENG INDEX (.HSI) Beijing pledges a mix of tax breaks to help businesses

Hong Kong: HANG SENG INDEX (.HSI) Beijing pledges a mix of tax breaks to help businesses Hong Kong and China stocks shot up Tuesday, after the Chinese government pledged tax cuts to boost manufacturing and small enterprises amid a slowing economy and the US-China trade war. The Hang Seng Index surged 2 per cent, or […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares advanced to the highest level since November 13, ending two days of losses for the local market as positive sentiment returned. The S&P/ASX 200 Index rose 41.2 points, or 0.7 per cent, to 5814.6 while the broader All Ordinaries climbed 38.6 points, or 0.7 per […]

Singapore: STI Index (.STI) could deliver attractive returns to investors

Singapore: STI Index (.STI) could deliver attractive returns to investors

Singapore: STI Index (.STI) could deliver attractive returns to investors Singapore’s export-driven economy is among the most vulnerable in the ongoing U.S.-China trade conflict, but major investors said its stock market could deliver attractive returns this year. “It’s very attractive and that’s one of the reasons why we’re actually overweight Singapore relative to other Asian equities,” Kelvin Tay, […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady USD Lower Crude Oil Up Stocks Higher including Japan In Asia Notes: On the earnings front, US banks are in sharp focus with Quarterly results from JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS) and Morgan Stanley (MS) this week. Monday, Citigroup (C) beat profit estimates. The bank’s shares rose 4.0% and bolstered the S&P financial […]

Shanghai: SSE Composite Index (.SSEC) among the “most investible” assets globally in 2019

Shanghai: SSE Composite Index (.SSEC) among the “most investible” assets globally in 2019

Shanghai: SSE Composite Index (.SSEC) among the “most investible” assets globally in 2019 After holding the title as the world’s worst performing market for two straight years, China’s A shares would be among the “most investible” assets globally in 2019, according to Invesco Great Wall. The benchmark Shanghai Composite Index lost 24 per cent last […]

Japanese Yen: USD/JPY (JPY=X) determined by investor appetite for risk

Japanese Yen: USD/JPY (JPY=X) determined by investor appetite for risk

Japanese Yen: USD/JPY (JPY=X) determined by investor appetite for risk The Dollar/Yen is being pressured on Monday from lower demand for risky assets. U.S. stock market weakness is driving some investors into the safe-haven Japanese Yen. The catalysts behind the weakness are weaker-than-expected trade data from China and concerns over the U.S. government shutdown. Investors […]

Singapore: STI Index (.STI) investors reacted to Chinese government data

Singapore: STI Index (.STI) investors reacted to Chinese government data

Singapore: STI Index (.STI) investors reacted to Chinese government data Asia Pacific markets started off the trading week mostly on the back foot as China’s disappointing trade data spooked investors. Major indexes in South Korea, China, Hong Kong and Singapore tumbled Monday afternoon. The market in Japan is closed for a public holiday. Shares in Asia were lower after Chinese government data showed […]

Hong Kong: HANG SENG INDEX (.HSI) ends six-day stretch of gains

Hong Kong: HANG SENG INDEX (.HSI) ends six-day stretch of gains

Hong Kong: HANG SENG INDEX (.HSI) ends six-day stretch of gains Shares in Hong Kong and Shanghai fell and the yuan declined as China’s weakest trade data since 2016 fueled concern about the impact of a dispute with the U.S. and slowing economy. The Hang Seng Index fell 1.4 percent, ending a six-day run of […]

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher

Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Australian shares appear set to edge higher at the open, despite rising concerns flagged by the OECD about global growth, the latest weak China economic data, a retreat in base metals and the pending UK parliamentary vote on Theresa May’s Brexit deal. ASX futures were up 9 […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Lower sans Japan In Asia Notes: On the earnings front, US banks are in sharp focus with Quarterly results from Citigroup (C) due Monday followed by JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS) and Morgan Stanley (MS) later in the week. Expectations are low with profits for US companies […]

Japanese Yen: USD/JPY (JPY=X) moving in a fairly narrow side corridor

Japanese Yen: USD/JPY (JPY=X) moving in a fairly narrow side corridor

Japanese Yen: USD/JPY (JPY=X) moving in a fairly narrow side corridor After the “New Year storm,” caused by the lack of liquidity, the Japanese currency is complete calm, moving in a fairly narrow side corridor within 107.75-109.10. The pair met the end of the week in the same place where it started , near the […]

Singapore: STI Index (.STI) vulnerable to a correction towards 3,120

Singapore: STI Index (.STI)  vulnerable to a correction towards 3,120

Singapore: STI Index (.STI) vulnerable to a correction towards 3,120 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 3,120.01. The projected upper bound is: 3,290.82. The projected lower bound is: 3,113.67. The projected closing price is: […]

Shanghai: SSE Composite Index (.SSEC) vulnerable to a correction towards 2,609

Shanghai: SSE Composite Index (.SSEC) vulnerable to a correction towards 2,609

Shanghai: SSE Composite Index (.SSEC) vulnerable to a correction towards 2,609 Overall, the bias in prices is: Downwards. By the way, prices are vulnerable to a correction towards 2,609.35. The projected upper bound is: 2,635.91. The projected lower bound is: 2,469.80. The projected closing price is: 2,552.85. Candlesticks A white body occurred (because prices closed […]

Australia: S&P/ASX 200 (.AXJO) set to start the week on a positive note

Australia: S&P/ASX 200 (.AXJO) set to start the week on a positive note

Australia: S&P/ASX 200 (.AXJO) set to start the week on a positive note ustralian shares are poised to start the week on a positive note as investors await the start of the US reporting season for a read on the outlook for corporate profits. ASX futures up 15 points. The Australian dollar edged 0.4 per […]

Hong Kong: HANG SENG INDEX (.HSI) focus for local investors will be offshore this week

Hong Kong: HANG SENG INDEX (.HSI) focus for local investors will be offshore this week

Hong Kong: HANG SENG INDEX (.HSI) focus for local investors will be offshore this week Australian shares are poised to start the week on a positive note as investors await the start of the US reporting season for a read on the outlook for corporate profits. ASX futures up 15 points. The Australian dollar edged […]

Australian Dollar: USD/AUD (AUD=X) main trend is down

Australian Dollar: USD/AUD (AUD=X) main trend is down

Australian Dollar: USD/AUD (AUD=X) main trend is down The main trend is down according to the daily swing chart. However, momentum is trending higher. The main trend will change to up on a trade through .7247. The minor trend is up. This move triggered the shift in momentum to up. The main range is .7394 […]

Alibaba Group Holding Limited (NYSE:BABA) came under pressure in 2018, partly due to concerns about the trade war

Alibaba Group Holding Limited (NYSE:BABA) came under pressure in 2018, partly due to concerns about the trade war

Alibaba Group Holding Limited (NYSE:BABA) came under pressure in 2018, partly due to concerns about the trade war Alibaba (NYSE:BABA), like many Chinese and technology stocks, came under pressure in 2018, partly due to concerns about the trade war. And in the past few weeks, the strengthening U.S. dollar and reports of a potential cooling of […]

Australia: S&P/ASX 200 (.AXJO) enjoying a strong start to the year

Australia: S&P/ASX 200 (.AXJO) enjoying a strong start to the year

Australia: S&P/ASX 200 (.AXJO) enjoying a strong start to the year “It’s been a reasonable start to the year,” said Atlas Funds Management chief investment officer Hugh Dive. “We’re still in that quiet period [before earnings season] where macro factors will have a big impact. We were down a bit earlier today but there’s a […]

Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices

Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices

Hong Kong: HANG SENG INDEX (.HSI) firm on continued trade optimism and surging crude oil prices The Hong Kong stock market has climbed higher in four straight sessions, gathering almost 1,400 points or 5.5 percent along the way. The Hang Seng Index now rests just above the 26,460-point plateau and it’s expected to open higher […]

Singapore: STI Index (.STI) market settles after rallying on US-China trade hopes

Singapore: STI Index (.STI) market settles after rallying on US-China trade hopes

Singapore: STI Index (.STI) market settles after rallying on US-China trade hopes Asian markets were mostly lower Thursday as U.S. and Chinese officials wrapped up three days of talks in Beijing without significant breakthroughs. Japan’s Nikkei 225 index, which closed up 1.1 percent on Wednesday, retreated 1.4 percent to 20,141.93. The Kospi in South Korea […]

Japanese Yen: USD/JPY (JPY=X) turning bearish after decline

Japanese Yen: USD/JPY (JPY=X) turning bearish after decline

Japanese Yen: USD/JPY (JPY=X) turning bearish after decline USD/JPY has rolled over and eaten into the gains made earlier in the week. Having faltered at ¥109.00, we now need to watch to see if the current move higher off the ¥107.80 level fails to recover ¥109.00. If it does bounce and then turn lower, we have […]

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress”

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress”

Australian Dollar: USD/AUD (AUD=X) advances on rivals after China notes trade war “progress” The Australian Dollar was rose broadly Thursday in response to claims the U.S. and China are moving close toward a deal that will end the “trade war” between the two, which came ahead of retail sales figures for November. Chinese officials said […]

Shanghai: SSE Composite Index (.SSEC) lower-than-expected Chinese inflation data

Shanghai: SSE Composite Index (.SSEC) lower-than-expected Chinese inflation data

Shanghai: SSE Composite Index (.SSEC) lower-than-expected Chinese inflation data Asia markets mostly slipped on Thursday following lower-than-expected Chinese inflation data while investors digested the conclusion of a three-day trade negotiation between the Beijing and Washington. Mainland Chinese markets, watched by investors in relation to the ongoing trade war, experienced a turbulent trading day that saw […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Higher USD Lower Crude Oil Down Stocks Higher sans Japan In Asia Gold: Gold prices rose Thursday as expectations that the Fed will pause its rate tightening cycle this year. Spot gold was up 0.2% at $1,295.84 oz as of 0556 GMT, hanging near Friday’s at $1,298.42, a mark last seen in mid-June 2018. US gold futures gained […]

Shanghai: SSE Composite Index (.SSEC) optimism around the United States and China moving closer to a trade deal

Shanghai: SSE Composite Index (.SSEC) optimism around the United States and China moving closer to a trade deal

Shanghai: SSE Composite Index (.SSEC) optimism around the United States and China moving closer to a trade deal China stocks closed higher on Wednesday on optimism around the United States and China moving closer to a trade deal, and Beijing encouraging consumer spending amid economic slowdown. The blue-chip CSI300 index ended up 1.0 percent at […]

Singapore: STI Index (.STI) ride out any volatility in 2019 while positioning for a market recovery

Singapore: STI Index (.STI) ride out any volatility in 2019 while positioning for a market recovery

Singapore: STI Index (.STI) ride out any volatility in 2019 while positioning for a market recovery In a year beset by trade conflicts, weakening growth in China and Brexit uncertainties, Singapore’s Straits Times Index lost 9.8 per cent, but still outperformed the MSCI Asia ex-Japan index in 2018. Singapore stocks are poised to extend gains […]

SET Index (.SET.BK) 2019

SET Index (.SET.BK) 2019

SET Index (.SET.BK) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 2,834.81. The projected lower bound is: 2,350.00. The projected closing price is: 2,592.41. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 […]

FTSE Bursa Malaysia KLCI (.KLSE) 2019

FTSE Bursa Malaysia KLCI (.KLSE) 2019

FTSE Bursa Malaysia KLCI (.KLSE) 2019 Overall, the bias in prices is: Downwards. The projected upper bound is: 1,797.23. The projected lower bound is: 1,532.31. The projected closing price is: 1,664.77. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and […]

PSEi INDEX (PSEI.PS) 2019

PSEi INDEX (PSEI.PS) 2019

PSEi INDEX (PSEI.PS) 2019 Overall, the bias in prices is: Upwards. The projected upper bound is: 8,765.03. The projected lower bound is: 7,099.32. The projected closing price is: 7,932.18. Candlesticks A white body occurred (because prices closed higher than they opened). During the past 10 bars, there have been 4 white candles and 6 black […]

Hong Kong: HANG SENG INDEX (.HSI) progress toward ending their trade war and a Beijing official indicated new policies are coming to boost domestic consumption

Hong Kong: HANG SENG INDEX (.HSI) progress toward ending their trade war and a Beijing official indicated new policies are coming to boost domestic consumption

Hong Kong: HANG SENG INDEX (.HSI) progress toward ending their trade war and a Beijing official indicated new policies are coming to boost domestic consumption The Hang Seng Index rose 2.3 per cent, or 586.87 points, to 26,462.32, while the Hang Seng China Enterprises Index gained 2.2 per cent, or 224.47 points, to 10,358.21. On […]

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data

Australian Dollar: USD/AUD (AUD=X) rises broadly even after disappointing November trade data The Australian Dollar advanced against most rivals Tuesday even after official data revealed a steep fall in the nation’s trade surplus for November, and is likely to remain on its front foot over the coming weeks according to Westpac. Australia’s goods trade surplus fell from […]

Japanese Yen: USD/JPY (JPY=X) seems likely that the overall market focus will remain to the downside

Japanese Yen: USD/JPY (JPY=X) seems likely that the overall market focus will remain to the downside

Japanese Yen: USD/JPY (JPY=X) seems likely that the overall market focus will remain to the downside USD/JPY has still failed to recapture the levels seen before it occurred. Unless and until Dollar bulls can make good at least that loss, then it seems likely that the overall market focus will remain to the downside. Last […]

Australia: S&P/ASX 200 (.AXJO) heading towards a higher open

Australia: S&P/ASX 200 (.AXJO) heading towards a higher open

Australia: S&P/ASX 200 (.AXJO) heading towards a higher open Australian shares are heading towards a higher open on optimism progress is being made between US and Chinese officials at trade talks in Beijing. ASX futures were 20 points higher at 8.45am AEDT, extending earlier modest gains. “We maintain our view that both sides have every incentive […]

China Trade Talks “going very well”, Extend to 3rd Day

China Trade Talks “going very well”, Extend to 3rd Day

President Trump expressed optimism that US-China trade talks in Beijing are progressing well. Chinese authorities to give a statement following the latest round of negotiations. “Talks with China are going very well!” President Trump tweeted on Tuesday as the 2nd day of mid-level meetings wrapped up. While the hosts indicated the talks would run Monday and Tuesday, […]

Shanghai: SSE Composite Index (.SSEC) Investors Cautious

Shanghai: SSE Composite Index (.SSEC) Investors Cautious

Shanghai: SSE Composite Index (.SSEC) Investors Cautious China stocks were lower after the close on Tuesday, as losses in the Life Insurance, Media and Software & Computer Services sectors led shares lower. At the close in Shanghai, the Shanghai Composite declined 0.26%, while the SZSE Component index fell 0.12%. The best performers of the session […]

Singapore: STI Index (.STI) markets uncertain about Sino-U.S. trade deal

Singapore: STI Index (.STI) markets uncertain about Sino-U.S. trade deal

Singapore: STI Index (.STI) markets uncertain about Sino-U.S. trade deal Asian stock markets closed mixed Tuesday, as investors watched the second day of trade negotiations between the U.S. and China. While the midlevel talks, held in Beijing, were not expected to produce a deal, there was hope that they would lead to higher-level negotiations that […]

Australia: S&P/ASX 200 (.AXJO) expected to open slightly lower

Australia: S&P/ASX 200 (.AXJO) expected to open slightly lower

Australia: S&P/ASX 200 (.AXJO) expected to open slightly lower Australian shares closed higher for a second straight session on Tuesday, hitting a more than month long high as trade talks between the US and China continued. The S&P/ASX 200 Index rose 39.2 points, or 0.7 per cent to 5722.4, while the broader All Ordinaries rose 38.8 […]

Japanese Yen: USD/JPY (JPY=X) edges higher after recent slump

Japanese Yen: USD/JPY (JPY=X) edges higher after recent slump

Japanese Yen: USD/JPY (JPY=X) edges higher after recent slump After last week’s sudden drop, USD/JPY has been pushing slowly higher. Trendline support from the lows of 3 January has underpinned this move. A reversal back below ¥108.00 would mark a resumption of the downward move. On the upside, the next target is ¥109.60, then ¥109.85 and ¥110.00. […]

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion

Australian Dollar: USD/AUD (AUD=X) records lower than expected November trade surplus of $1.9 billion The Australian Bureau of Statistics figures reveal Australia’s November trade surplus of $1.9 billion was lower than expected.Australia exported $1.9 billion more than last month, down from a $2 billion surplus in October. According to ABS figures, in trend terms, the […]

Hong Kong: HANG SENG INDEX (.HSI) improved market sentiment

Hong Kong: HANG SENG INDEX (.HSI) improved market sentiment

Hong Kong: HANG SENG INDEX (.HSI) improved market sentiment Most markets in Asia opened higher on Tuesday as investor sentiment improved on the back of the positive trade talks between the United States (US) and China. Earlier cautious comments coming from the US Federal Reserve on future rate hikes also continued to provide relief to […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Steady USD Lower Crude Oil Stable Stocks Dip In Asia Note: Presidents Trump to speak to the Nation Tuesday on Key issues of national security. Gold: Gold held steady Tuesday as bets on a pause in US interest rate hikes and hopes of a US-China trade deal put pressure on USD, but an improved risk appetite capped gains for the […]

Hong Kong: HANG SENG INDEX (.HSI) investor sentiment picked up slightly

Hong Kong: HANG SENG INDEX (.HSI) investor sentiment picked up slightly

Hong Kong: HANG SENG INDEX (.HSI) investor sentiment picked up slightly Stocks in Asia gained on Monday as investor sentiment picked up slightly amid a new round of trade negotiations between the United States and China in Beijing. Japan’s Nikkei 225 bounced 2.44 percent to close at 20,038.97 while the Topix jumped 2.81 percent to […]

Singapore: STI Index (.STI) marking a three-week closing high

Singapore: STI Index (.STI) marking a three-week closing high

Singapore: STI Index (.STI) marking a three-week closing high Southeast Asian stock markets rose on Monday, with Singapore marking a three-week closing high, as the start of Sino-US trade talks raised hopes that a deal would alleviate concerns about slowing global economic growth. US officials are meeting their Chinese counterparts in Beijing for trade negotiations starting later […]

Japanese Yen: USD/JPY (JPY=X) nice selling opportunity in the next few days

Japanese Yen: USD/JPY (JPY=X) nice selling opportunity in the next few days

Japanese Yen: USD/JPY (JPY=X) nice selling opportunity in the next few days The Japanese yen is of course a safety currency, and with the US/China trade war issues out there it makes sense that the Japanese yen could be attractive to some traders. I think that the first couple of months of 2019 will continue […]

Shanghai: SSE Composite Index (.SSEC) bulls are hoping that the U.S. and China can come to a trade agreement

Shanghai: SSE Composite Index (.SSEC) bulls are hoping that the U.S. and China can come to a trade agreement

Shanghai: SSE Composite Index (.SSEC) bulls are hoping that the U.S. and China can come to a trade agreement U.S. stock indexes took confident steps forward as tariff talks began in China. Negotiators are meeting in Beijing in an attempt to end a nine-month standoff on trade. The Nasdaq rambled 1.4% higher, while the S&P […]

Australia: S&P/ASX 200 (.AXJO) rally on rising trade hopes

Australia: S&P/ASX 200 (.AXJO) rally on rising trade hopes

Australia: S&P/ASX 200 (.AXJO) rally on rising trade hopes Investors unleashed a broad-based rally on Monday in response to accommodative policy from China and the Federal Reserve allaying fears it is hell-bent on raising interest rates, with hope of further gains to come following the arrival of a US trade delegation in Beijing. The S&P/ASX 200 Index […]

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar

Australian Dollar: USD/AUD (AUD=X) recovery seen in the Aussie dollar After plunging to as low as .6730 on Thursday, the lowest level since early 2009, the AUD/USD surged on Friday, helped by a raft of positive headlines that sparked short-covering from traders. “If ever there was a case of a currency going from zero to […]

Top Clubs of 2018 – Bangkok

Top Clubs of 2018 – Bangkok

1. Demo Located in Thong Lor, Demo is situated next to many other clubs which makes it a safe bet to go. Outdoor seating is available and smoking is no problem. The demographic is Thong Lor area is mainly Asian. 2. Penta Penta has gained all the rage from young university students, international and local […]

Alibaba Group Holding Limited (NYSE:BABA) vulnerable to a correction towards 148.30

Alibaba Group Holding Limited (NYSE:BABA) vulnerable to a correction towards 148.30

Alibaba Group Holding Limited (NYSE:BABA) vulnerable to a correction towards 148.30 Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 148.30. The projected upper bound is: 151.97. The projected lower bound is: 127.17. The projected closing price […]

Asia: Gold, USD, Crude Oil, Stocks & Commodities

Asia: Gold, USD, Crude Oil, Stocks & Commodities

$GLD,$SLV,$USD,$USO,$OIL,$SOY,$CORN,$WEAT Gold Up USD Lower Crude Oil Up Stocks Higher In Asia Note: Presidents Trump and Xi spoke Sunday, tone was optimistic as US trade representatives arrived in Beijing for official trade talks Monday. Gold: Gold rose Monday, helped by a weaker USD on expectations that the Fed may/will apply brakes on its monetary tightening cycle in Y 2019, an […]

US-China Trade Talks Progressing, President Trump Optimistic

US-China Trade Talks Progressing, President Trump Optimistic

President Trump is expressing optimism about trade negotiations with China as US officials are expected in Beijing for talks aimed at easing a trade dispute. President Trump spoke recently to Chinese President Xi Jinping Sunday, saying: “I really believe they want to make a deal. The tariffs have absolutely hurt China very badly.” After several […]

Australia: S&P/ASX 200 (.AXJO) equity bulls will get a chance to assert themselves

Australia: S&P/ASX 200 (.AXJO) equity bulls will get a chance to assert themselves

Australia: S&P/ASX 200 (.AXJO) equity bulls will get a chance to assert themselves Australian equity bulls will get a chance to assert themselves to start the week after a massive rally on Wall Street. ASX futures were up 69 points or 1.2 per cent. The Australian dollar spiked 1.5 per cent to retop the US71¢ mark. The […]

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