Australian Shares

Another mixed session here in Asia with Chinese stocks retreating the most, while Japanese bourses stabilised, local markets were wary of the Scomo election call, with the Australian dollar tapering slightly from its overnight surge.

Via Shane Oliver: The Federal Election Some might be forgiven for thinking the wheels have fallen off Australian politics over the past decade with the same number of PM changes as Italy, a fractured Senate and “minority government” at times making sensible visionary long-term policy making hard.

By Chris Becker  Overnight markets rebounded slightly with US equities leading the charge as the latest FOMC minutes repeated a “patient stance” while core inflation data was subdued, leading to falls in Treasury bond yields and the US dollar.

Its a mixed reaction across risk markets here in Asia after the dip in stock markets overnight with Japanese stocks the only bourses in retreat, while undollar assets like gold, Aussie and Kiwi all advance against the USD.

By Chris Becker  It only took Trump throwing his weight around with more threats of tariffs on Europe offsetting the potential year long delay of Brexit overnight.

Stock markets have had a generally positive day across Asia, mimicking the small advances on Wall Street overnight as the USD slipped against the majors, although a stronger Yen continues to provide a headwind to Japanese stocks.

By Chris Becker  Volatility was subdued on overnight markets with the lack of any real news apart from growing instability in Libya which saw oil prices spike, while the USD retreated slightly alongside US Treasuries.

Risk markets have reopened across Asia after the weekend gap and its been a mixed session for stock markets with Japanese bourses retreating while the local ASX200 rebounded after its stumbling finish on Friday night.

By Chris Becker  Stronger than expected US non-farm payrolls (employment) numbers on Friday night buoyed stocks across both sides of the Atlantic, while the USD firmed alongside bonds with Treasury yields falling across the curve.

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.