Australian Shares

Cross posted from The Conversation by Jason Pallant Lecturer of Marketing, Swinburne University of Technology The Woolworths Group proclaims it celebrates “family-friendly values”.

By Chris Becker  With US markets closed for a holiday, other risk assets still pushed higher in their absence with German bond yields now at a record low and matching the ECBs negative deposit rate.

Share markets in Asia were mixed despite a very strong from overnight markets as traders weigh up the closed US session and the following NFP print on Friday night.

By Chris Becker  A much firmer response from the risk on crowd overnight as US stocks pushed to new highs while US interest rates plumbed new lows.

Share markets in Asia are losing their optimism midweek as traders prepare for the non farm payrolls on Friday with the background of flailing manufacturing and a lower energy prices not helping risk appetites.

The Caixin services PMi is out and sucks: The Caixin China Composite PMI™ data (which covers both manufacturing and services) showed that business activity in China rose only marginally overall.

By Chris Becker  Another board full of green with US and European stocks lifting overnight alongside Treasuries as the 10 year yield dipped below the 2% mark on some very dovish comments coming from the central bank wonks as the global manufacturing slowdown gathers pace.

Share markets in Asia are mixed today despite the green board across other risk markets overnight, as traders look for more clues and innuendo surrounding the trade war truce between the US and China coming out of the G20 on the weekend.

By Chris Becker  With the trade war truce in place, equity markets gapped higher overnight with US stocks hitting a record high as traders piled all in, despite the worrying signs across the globe as manufacturing rolls over.

The G20 and the trade war truce between China and the US has lifted risk spirits despite a slew of very poor manufacturing PMIs released in Asia today.

By Chris Becker  Friday night saw the return of confidence as the G20 meeting got underway in Osaka, with hope surrounding some sort of outcome of the trade spat between the US and China.

Despite the positive lead from Wall Street, Asian markets are very cautious going into the G20 summit this weekend in Osaka, with traders awaiting the foot in mouth US President to probably foul up the talks.

By Chris Becker  Hope is rising on risk markets that this weekend’s G20 summit – more rightly a G2 summit between US and China – will result in some sort of ceasefire at least over the trade war.

Despite the mixed lead from Wall Street overnight, sentiment has risen here in Asia with more positive comments surrounding Chinese trade talks as the G20 approaches.

Via the ABC: Christopher Pyne’s new job has put his old boss, Scott Morrison, under pressure to reprimand him amid accusations it is a breach of ministerial standards.

By Chris Becker  Two major factors are keeping markets enthralled at the moment, resulting in scratch sessions for stocks and the usual normal oscillation on currencies.

Asian stock markets haven’t reacted at the same level as Wall Street’s falls overnight, with some moderate buyers stepping in as Treasury yields lift a little higher.

By Chris Becker  Risk sentiment was pushed lower overnight as the less dovish Fed and a slump in new home sales saw a selloff across Wall Street with tech stocks leading the way.

Risk sentiment is falling quickly here in Asia with most share markets taking a dive.

By Chris Becker  Risk sentiment in overnight markets remained cautious, with interest rates falling again, pulling the USD down while lifting gold to another new record high.

Asian share markets are literally treading water while currencies are the only movers as traders try to find their feet at the start of the trading week.

Via Damien Boey at Credit Suisse: The RBA has just released a paper about the history of the Australian equities.

By Chris Becker  Risk markets are on edge with tensions in the Gulf over Iran and trigger finger Trump, overshadowing the poor manufacturing PMI prints on both sides of the Atlantic.

Asian share markets are loving the possibility of the end of the US/China trade squabbles and the hope of more stimulus down a multitude of pipelines stretching from Europe, the US and China and back again.