Australian Shares

By Chris Becker The Yanks had the night off but that didn’t stop the selloff in USD with the Euro lifting higher, pushing European stocks marginally lower after a solid Asian session.

So, the basic message out there in risk-land is: sell USD, buy everything else.

Dalian is open and did not like the weekend Chinese credit data.

By Chris Becker  It’s this last stage in a blowoff where detailed technical analysis is almost not necessary, as anyone with a ruler and damp finger stuck in the air can sense the bulls are running rampant.

A mixed end to the trading week here in Asia with only a handful of markets putting on any gains as risk appetite wanes going into tonight’s session.

By Chris Becker The so called bond rout has only lasted a day with a rally sending yields back down while stocks made new record highs on US markets overnight.

Outside China, Asian stocks have not fared well today as profit taking and risk aversion following the moves in the bond markets remains the key strategy.

By Chris Becker Stocks finally had a bad day overnight in the fallout from the bond rout and the possible US withdrawal from NAFTA, which had the dollar surge against the Loonie and Peso.

A mid week pause in the “Great Rally of 2018” as most Asian indices treaded water or retreated proper following what was a good lead from Wall Street overnight.

As stock markets make new highs around the world, the only real laggard is the ASX200/All Ords.

By Chris Becker You guessed it, another night of record highs in US stocks, but more interesting was the selloff in bond markets, precipitated by the BOJ taper yesterday that saw US Treasury yields hit a near one year high.

Another solid day on stock markets here in Asia despite some disappointing results, particularly Samsung as we begin another round of earnings season.

By Chris Becker While the Dow retreated slightly overnight, the S&P500 and NASDAQ both advanced to new record highs on the back of tech stocks, and a positive Asian lead.

A relatively good start to the week here in Asia with most stock markets advancing, although Japanese bourses were closed for another holiday as traders await a big slab of earning reports across the region.

By Chris Becker  It’s hard to be a bear in this risk environment, when economic news comes in above or at already high expectations.

A solid if subdued session to end the week here in Asia with all stock markets advancing, the highlight being the ASX200 which is playing catch up after being left behind for most of the week.

By Chris Becker The Dow hit 25,000 points as stock markets around the world continue the NYE party into the New Year.

Richard Bookstaber recently put out an interesting post on sectors that he thought had problems on a 30-40 year view.

A very positive day here in Asia with all markets lifting higher, pushed along by the comeback of Japanese bourses following their extended NY holiday and another record high in US stocks overnight.

By Chris Becker US stocks make another new record high in the wake of the release of the Fed Minutes, with the USD rising against Yen and Euro.

Following the solid night on Wall Street, Asian stocks have advanced solidly across the region as commodity prices remain elevated.

By Chris Becker The trading year begineth after a Christmas/New Year break that saw USD sold off against – well, everything except Bitcoin.

So as we gently roll into the new trading (and blogging – give me time to warm up!) year, its still a case of low volume, low volatility and low expectations.

by Chris Becker A mixed day here in Asia as the Bank of Japan leaves its monetary settings and stimulus on the same path and stocks continue to already price in the Republican tax plan passed last night.

By Chris Becker US stocks tried to rally on the Trump “victorious” tax cuts which were passed last night, but failed to fire with European bourses falling sharply on the upcoming Catalan vote and a higher Euro.