Australian Shares

Stock markets across Asia are mixed with the local ASX200 retreating while Chinese stock markets are closed for a holiday as Japanese bourses lift slightly.

By Chris Becker  With risk now focusing on tonights US non-farm payrolls (employment) numbers, the bond market stabilised while US stocks stalled at their yearly highs as the ongoing Brexit talks, deals, votes and back stabbing continues apace.

Stock markets are mixed across Asia as this bull rally takes a small pause with the ASX200 the biggest loser as the Australian dollar remains elevated post Budget night.

By Chris Becker  Risk markets have extended their rally overnight as the USD wanes against the undollar majors, although gold remains stalled, Pound Sterling made a weekly high on the back of another failed Brexit vote.

Stock markets here in Asia keep advancing on hopes that a US/China trade deal can be announced soon with the USD losing ground against all the majors, particularly Pound Sterling, while gold remains in the doldrums, Bitcoin is moving closer to $5000USD.

A big breakout in Bitcoin is dominating the market wires this afternoon as Asian stock markets continue to rally as risk sentiment improves, despite the woeful mishandling of Brexit overnight in the UK parliament.

By Chris Becker  It was a busy night on risk markets with the ongoing Brexit saga only providing profit to traders (and not much sleep!) as the UK Parliament again showed how sad the whole situation is with another “nuh-huh” vote on, well anything.

A big surge across the board here in Asia in response to the positive finish to the week on Friday night on Wall Street with Chinese stocks leading the way.

By Chris Becker  A tumultous week on risk markets, with the Brexit saga leading the way as volatility on bond markets continues to push stocks and currencies around.

A much better than expected finish to the week here in Asia for share markets, with Chinese bourses leading the way while Japanese markets finally gain some strength following the USD wide rally that is suppressing Yen in the main.

By Chris Becker  Supposed good news surrounding the US/China trade talks plus an easing in the US Treasury bond rally saw a bid in risk sentiment overnight, with US stocks rallying while European bourses lingered.

Another very mixed session across Asian share markets as bond markets continue to rally while the USD is having a breather against Yen and Kiwi in particular, the former pushing Japanese stocks lower.

Asian share markets are having another mixed session despite the positive sentiment from overnight with all eyes still on the bond markets, particularly the Australian.

The RBA is about effective as a flee in a gale right now.

Asian share markets are mixed following last night’s equally mixed session, with Japanese bourses bouncing the highest on the back of a slightly weaker Yen.

By Chris Becker  Volatility continued overnight with bond markets pushing the whole risk edifice around as US stocks retreated following a dour session here in Asia.

Asian stock markets have fallen sharply in response to the poor showing on Wall Street on Friday night as the US bond yield curve inversion and the growing likelihood of a European recession weigh heavily.

The Australian dollar is grinding lower today as risk is spooked globally: Bonds remain heavily bid: Stocks have firmed for a mighty double top.

By Chris Becker  This may end up being the most important Trading Week of the year with the looming Brexit, the Mueller report fallout and ongoing concern over a European recession and US inverted yield curve combined with a big blowout in the US budget deficit.

Asian stock markets are likely to finish the week on a sour note as the expected Brexit extension from the EU plus some very modest inflation and economic figures from Japan combined to dampen overnight positive sentiment.

The AUD is still under pressure this afternoon: The bond boom knows no bounds: With 15 year yields at all-time lows below 2% for the first time in history: Such a poor outlook for yields has given XJO reason to resume some excitement: Big Iron is cheering: Big Gas is up.

Who knows?

By Chris Becker  A return to risk overnight with US stocks rebounding as the USD also took back gains following the reversal from the FOMC meeting fallout.

Asian markets are mixed today in response to the overnight FOMC Meeting with much higher undollar assets providing headwinds.