Australian Shares

Risk markets are quite mixed here in Asia, particularly in China where stocks sold off in large caps due to concerns over earnings.

By Chris Becker Its a near one month high for US stocks as they led the charge again overnight setting up for another very positive session here in Asia today.

Friday’s solid session on Wall Street and the lack of bad news over the weekend has resulted in a sea of green across Asian markets today, with Chinese bourses leading the charge following the news of Xi Jinping’s extension in the top seat.

By Chris Becker  The recovery continues, particularly on US stocks which rallied strongly on Friday night as 2018 brings forth more volatility and hence more opportunity.

There is a battle going on in the financial press for the hearts and wallets of retail investors.

A mixed end to the week here in Asia with stock markets outside China rising even after a poor overnight lead from Wall Street.

Via UBS: Good Results but Still Lagging the Global Earnings Boom So far just over 130 members of the ASX200 have reported earnings (of around 170 due to report) making reporting season around 80% complete.

By Chris Becker Another very mixed night in stock markets on both sides of the Atlantic following an equally uncertain session here in Asia yesterday.

Following the poor lead from US stocks overnight, its been a rough day here in Asia, although the return of Chinese markets stopped a sea of red across the board.

By Chris Becker Uncertainty is ruling risk markets once more as interest rate normalcy reared its ugly head again overnight with the release of the FOMC minutes, sending the USD and Treasury yields higher.

A slightly better day here in Asia, but risk markets are still listless given the lack of follow through on Wall Street overnight from its long weekend holiday.

By Chris Becker The return of US traders from their long weekend has seen the return of nerves with stocks selling off overnight as record Treasury auctions saw very high yields returned, sparking more fear that the bond bull market is over.

The poor showing in European stocks overnight has led to a mild selloff on Asian stock markets, not helped by the still closed Chinese bourses.

By Chris Becker A long weekend in the US is not giving risk markets confidence as European stocks sold off slightly overnight as did German bunds and other sovereign bonds.

A flat start to the week in currencyland but stocks are poised to build on their recovery gains from last week, even in the absence of trading in China due to the NY celebrations and Wall Street tonight due to President’s Day.

By Chris Becker  The recovery continues, particularly on US stocks as 2018 brings forth more volatility and hence more opportunity.

A mixed end to the week here in Asia with Japanese stocks catching up to the rebound, Chinese bourses closed for NY celebrations and the ASX200 lagging as industrials and media stocks selloff going into the weekend.

The AUD is still holding off a very weak DXY: Bonds are stable: XJO is up a little but sticking to its gloom: Big Iron is off after a big bounce yesterday: Big Gas has more falls ahead despite the USD: Big Gold is down but I’m flipping over.

By Chris Becker As US Treasury yields march onward to the 3% level, risk markets are heading back to their jubilant highs with US stocks rallying strongly as European bourses put in much smaller gains.

Its all systems go in risk markets here in Asia today as the solid night on Wall Street translated into outsized gains for stocks.

By Chris Becker A slew of very positive economic data overnight with the US CPI overshooting, EZ wide GDP was strong, German growth was stronger, as was industrial production.

Another mixed day across Asia with only Chinese stocks rallying as the more correlated risk markets prepare for some serious economic releases.

The AUD is stable today: Bonds a little bid: XJO is off a touch: But there’s some cycling as Big Iron bounces: With Dalian: Big Gas keeps falling: Big Gold takes a breather: But Big Sleazy remains weak as CBA goes ex-div.

By Chris Becker After a poor lead from Europe, US stocks looked like returning to their corrective phase overnight before a late surge saw minor advances as the USD continued to fall against the majors.