Japanese stocks – Lookout below
Take a look at the TSE Mothers Index which is a market cap weighted index of high growth and “emerging stocks” (early stage companies) in Japan.
Markets
Amazing turns in emerging market currencies over last few sessions
We’ve seen amazing turns in emerging market currencies over the last few sessions with gap-type moves in ZAR, BRL, PLN, and RUB, even as the dollar holds its ground.
Chart of the HUI, aka the “Gold Bugs Index”
The chart of the HUI looks interesting.
Gold – What’s not to like about this chart?
Gold: What’s not to like about this chart? Remember the European Union implosion with overall diversification of central banks was 75% of the reason behind the rally for gold until the trend was broken, with the other 25% being inflation.
Major Shanghai reversal last night – what does it mean?
We just saw an “outside reversal day” looking at both A shares and the Shanghai Composite Index.
U.S. dollar outlook
Late into European the U.S. dollar retreated off the a 2 ½ year high against the Japanese yen after Japan’s Economy Minister, Akira Amari remarks that a weaker yen could possibly have a negative impact on Japan’s economy by increasing import prices.
Best performing emerging markets redux
Three weeks ago we published an analysis of the best performing stock markets utilizing data from the Financial Times Global Equities Macromap. The five best performing equity markets for the previous twelve months were emerging markets.
Fund flows to emerging markets: threat or opportunity?
The Bank for International Settlements has an interesting report out comparing lending to emerging markets in 2011 against the environment after the collapse of Lehman Brothers in 2008. Both periods saw a contraction in lending but for different reasons.
