Month / September 2018
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We retain our negative bias on technology stocks but weaker yen starting to look supportive
Japan’s stock market took much of the big events of last week in its stride with Fed raising rates, BOJ continuing with its tapering of long dated bond purchases while US clearly spelt out its intention…
September 30, 2018 -
Market’s attention on the coming bilateral trade talks between Japan and US
Markets were a in buoyant mood last week with US stock market indices hitting new highs and the weaker yen helping Japan’s broader market recover to its May highs to test the top of its…
September 23, 2018 -
Geopolitics continue to impact market sentiment as global trade concerns remain
With last-minute trade talks between China and US announced late last week, global stock markets staged a very unconvincing bounce which seem to have fizzled out by the end of Friday’s US market as the US…
September 16, 2018 -
We suggest an underweight stance in Japanese techs, machinery and auto names
Once again Topix dips towards the low end of its trading range for this year, nearing its key support line of ¥1670. With lower highs being posted after each bounce since May, we…
September 9, 2018 -
Possibility of an all out trade war keeps us negative
As we noted last week, we think the probability of an all-out trade war between the US and its big trading partners have risen significantly as the US president and his advisors…
September 2, 2018