Asia

Japanese Finance Minister Taro Aso policies unopposed

posted on April 19, 2013 at 7:54 am by Richard Rittorno

As we head into the weekend and this final session of the week traders find U.S. dollar against the Japanese yen jumped 1.20%.  The yen moved sharply lower on the news on Finance Minister Taro Aso new monetary easing where unopposed at G20 meeting held in Washington DC.

Analysis Asia Currencies Forex Premium

Aussie overvalued, Brazil won’t let real rise

posted on April 18, 2013 at 9:10 am by Tim Seymour

Aussie (FXA, quote) overvalued, Brazil (EWZ, quote) won’t let the real rise, Goldman Sachs Asset Management Chairman Jim O’Neill says.

Asia Currencies Interest Rates Tim Seymour

Bank of Japan has a bigger bazooka than the U.S.

posted on April 18, 2013 at 8:54 am by Tim Seymour

We remember Treasury Secretary Paulson’s reference to having a bazooka in his pocket ,but really it’s the Bank of Japan who is packing the heat and planning on using it. 

Asia Banks Emerging Markets Insight Tim Seymour

China: Underwhelming data…leads to outperformance?

posted on April 16, 2013 at 8:00 am by Sean Geary

Data over the weekend from China showed a drop in economic growth, down to 7.7% year-over-year for Q1 2013. However, in spite of the exchange’s recent woes, the Shanghai Composite (FXI, quote) is showing remarkable resilience.

Asia China Market Updates

China’s Stock-Index Futures Advance After New Bank Loans, M2 Top Forecasts

posted on April 10, 2013 at 11:45 pm by Tim Seymour

China data is continuing to support emerging markets (EEM, quote).

Asia Market Updates Tim Seymour

Chinese imports rise 14.1% year-over-year

posted on April 9, 2013 at 11:46 pm by Tim Seymour

With these most recent numbers, evidently, Chinese economic data is on a tear.

Asia China Market Updates Tim Seymour

Bank of Japan exceeds expectations kicking yen bulls in the teeth

posted on April 4, 2013 at 8:37 am by Tim Seymour

It’s rare when an event exceeds expectations; the Bank of Japan (BOJ) announced it will increase its bond purchasing program to 7.5 trillion yen ($78.6 billion), far exceeding the consensus of 5.2 trillion yen

Analysis Asia Currencies Tim Seymour

Is the Gold ‘Bubble’ turning into bear market?

posted on April 2, 2013 at 11:29 am by Tim Seymour

If you were to graph the U.S. dollar index (DXY) against gold and you see very similar things happening in inverse.  I agree U.S. dollar is turning after long bear run. 

Analysis Asia Dollar Gold Tim Seymour

Turkey: The day after the upgrade

posted on March 28, 2013 at 9:15 am by Tim Seymour

As one of my friends and a top broker in Turkey (TUR, quote) said to me this morning: “…a muted reaction and I like it”.

Asia CIVETS Countries ETFs Tim Seymour

Shanghai Composite continues to slide on Europe, new banking curbs

posted on March 28, 2013 at 8:00 am by Sean Geary

The Shanghai Composite (FXI, quote) traded substantially lower on Thursday, ending the day down more than two percent. Is now the time to take a chance on this struggling exchange?

Asia China Stocks