European Markets – A New Week, A New Trend?

The world markets start with a good footing, with positive numbers for the Hang Seng and Straits. Japan is taking the day off for a Bank Holiday. Australia seemed to have a mixed session so far. Housing prices are down, retail sales are flat, Manufacturing has decreased. But news of decreasing inflation and a slowing [...]

European Markets – Japan Cuts Rate Down To 0.30%

Today, is a numbers on a downward shot for the asian markets. The Nikkei is at -452 and Hang Seng -720. Guessing it could of been the fact the interest rate was only cut .20 points instead of .25? hmm, I will let you decide. The Bank of Japan also released a report on the [...]

European Markets – Asia ok Crude $64.25 Nervous on Fed Rate Cut

(At the time of writing, the EURUSD on the 30 minute chart has seen a 70 pip upshot and is hovering around $1.27. Also The Nikkei Average right after I finished the article here, upshot +465 points, now 8087.83! ) A mixed session for Asia, as the Nikkei pulls 140, modest compared to yesterday’s bull [...]

European Markets October 28th – Bailouts, Rate Cuts and etc.

The Asian markets actually did some good in overnight trading so far… The Nikkei pulled 250 to end up at 7413 and the Hang Seng, and impressive 675 for 11691. The Straights went straight down though to the tune of 95.79 to 1,504. The USDJPY is hanging around 92.5 yen to dollar, and the EURUSD [...]

European Markets October 27th 2008 – Asian Markets Fall, but Yen Rises

The asian market is taking a tumble today, and the Japanese Currency is rising on the dollar. Matter in fact, a number that hasn’t been touched since 1995. A one week drop from 102.3 to 93 yen per dollar is quite a drastic drop, and the concern here, is the importing of goods to the [...]