Australian Shares

Another mixed day here in Asia with most stock markets finishing in the red, failing to make good on the positive Wall Street lead overnight.

By Chris Becker A relatively quiet night on share markets on both sides of the Atlantic, with modest rises across the board.

A lack of a weaker fix on the Chinese Yuan by the PBOC is possibly behind the decline in USD today, helping equities across the board – save for the ASX200 – as Chinese stocks rally.

By Chris Becker US stocks returned to their January highs last night on the back of stellar results from Warren Buffett’s Berkshire Hathaway behemoth.

A generally negative day here in Asia, unable to translate the positive moood on Wall Street on Friday night as risk begins to crystallize once more despite a clear trajectory in interest rates and the US economy.

By Chris Becker  Friday night saw the release of US jobs data, which had a disappointing headline number but overall was positive, giving stocks a boost and setting the signal for a September rate rise by the Fed.

Asian stocks are slipping going into the last session of the week and in preparation for tonight’s US unemployment print.

By Chris Becker A hail mary late session rally saved US stocks overnight, lead by the Apple Trillion Headline, but overshadowing everything is the ramping up of the trade war between the US and China.

Asian stocks fell across the board in response to the continued tariff regime set to be imposed by the Trump Administration, hardest hit were Chinese bourses, but their satellites including the ASX200 suffered as well.

By Chris Becker Commodities were hit hard overnight as the new round of Trump tariffs against China were verified, along with a hawkish Fed meeting where further interest rate rises are literally around the corner in September.

Asian stocks generally finished higher today on the positive Wall Street lead but Chinese stocks and their proxies fell in late trade as the ramifiactions of the new Trump tariffs on Chinese trade weighed down sentiment.

From the AFR: The owners of Australia’s $117 billion listed real estate sector are expecting the market to ‘correct’ and have kept their gearing to historically low ranges in anticipation of this according to feedback received by S&P Global Ratings.

By Chris Becker A reversal in confidence overnight as trade deals and tech stocks give risk markets a lift, as the USD gained against the main currencies, particularly Euro.

A very mixed session here in Asia as stock markets put in scratch sessions and mild losses in reaction to the BOJ monetary policy and Chinese PMI prints.

by Chris Becker So what’s pushing the ASX200 up to new highs even as global markets fritter as the Trump trade war heats up?

By Chris Becker The poor start to the trading week here in Asia yesterday afternoon translated into more trips and falls on both sides of the Atlantic overnight as the fallout from Trump’s potential shutdown and the Facebook selloff overshadowed continued good earnings.

There’s big debate going on.

A poor start to the trading week here as the wishy-washy finish to the week on Friday spills over here in Asia.

By Chris Becker  Last week saw a possible pause in Trump’s trade war with a possible deal – not a deal-deal, but some kind of a deal, tremendous deal probably, maybe – between the US and Europe staving off wider concerns.

Its a relatively bullish close to the trading week here in Asia, with Chinese stocks the only fly in the ointment as risk confidence returns after last night Facebook blip.

By Chris Becker The plunge in Facebook shares overshadowed the ECB meeting and Trump’s continual backtracking on his trade war with the continent.