Australian Shares

Readers and investors will know that the MB Fund’s prevailing narrative for 2018 was “reverse decoupling”.

By Chris Becker Everything is awesome as markets set aside all the emerging markets and Chimerica trade war risk, with the USD bulls retreating and northern hemisphere stocks pushing higher overnight.

Asian markets continue their positive start to the week, except locally where political shenanigans bordering on Italian style turnstiles and backknivery.

Via the AFR: The annual reporting season has been a highly successful one for the market’s most expensive stocks, which are being elevated to even higher multiples on results that are just OK.

By Chris Becker Stocks lifted overnight on hopes that trade talks between China and the US will be fruitful, with tech stocks the only casualty.

Asian markets start the week in a better mood, absorbing the lack of any negative news over the weekend, plus a slight retracement in USD strength that weighs on emerging markets.

By Chris Becker  The bull market in US stocks (most of which was in the Obama Presidency, btw) remains intact with Wall Street finishing in the green on Friday night.

Asian markets finish a volatile week in a mixed state with Chinese bourses liming along while Japanese and Australian markets reacted positively to the strong Wall Street lead from overnight.

By Chris Becker Optimisim surrounding a potential trade deal with China coupled with stronger US earnings saw stocks recover well in both Europe and Wall Street overnight.

Asian risk markets are taking a deep breath here as a rolling emerging markets crisis bears fruit mainly among stocks, but also the burgeoning USD.

Welcome to the emerging market of Australia.

By Chris Becker The rout is on with European stocks pummeled overnight, dragging US bourses down with them as trade war contagion and emerging markets enter what looks like a bear market.

The reversal in mood has been short lived with a big selloff in Chinese stocks leading the region down, with only Australian shares not joining in.

Some thin-sliced Chanticleer today: …perhaps the best supporting evidence for Scott’s big Coles spin-off comes when you examine the returns on capital each division of this conglomerate is producing.

By Chris Becker Last night saw a mild reversal in sentiment over the ongoing emerging markets risks, with US stocks ending slightly higher as USD continued its appreciation against most of the undollars.

The fallout from the Turkish crisis continues here in Asia with stocks mixed across the region.

Amusing stuff today as the ASX decouples from Planet Earth.

By Chris Becker All eyes remain on Turkey as its failed currency and inability to repay foreign debts continues to push European bank stocks lower and USD higher against everything else.

A sea of red across Asian stock markets in response to Friday’s selloff in European banks as the Turkish financial worries grow.

The AUD is at new two year lows this morning: Looks like the next supports are down in the mid-71 cents range.

By Chris Becker  Beyond the growing trade war with Chimerica, a banking crisis in Turkey on Friday night capped off a volatile week on global markets, with the USD re-asserting itself as the safe haven of choice.

A bad end to the week here in Asia, with the Australian dollar looking like the worst casualty, selling off quite smartly against USD, Yen, even Kiwi in reaction to the RBA’s monetary policy statement.

By Chris Becker Yet another muted night on risk markets with European stocks largely positive before the US open, where only tech stocks and small caps advanced as the bigger issues dragged the headlines back to scratch sessions.