Weekly Thoughts

US stocks in blue skies territory as liquidity-driven rally continuesAs noted last week, the US equity market indices have technically entered blue sky territory which could take us much higher. Market participants…

Global stock market technicals looking strongThe upward bias in global stock markets, led by the US and fuelled by expectations for easier monetary policy remained intact as the melt-up scenario that looked…

Japan’s stock market continued to trend sideways as concerns about weaker global corporate earnings outlook continue to weigh on share prices. With looming trade war between US and China clearly spilling over…

As has been the case for much of last year and thus far in 2019, external issues dominate what happens to Japan’s stock market, leaving us mainly focused on US trade and…

The current geopolitical disruptions that corporate and indeed money managers have to grapple with leave little room for short-term optimism. Indeed, looking at Japanese firms in isolation, especially from the bottom up…

As expected, stock market corrections have continued with technology stocks leading the sell-off and Japanese names heavily exposed to China are taking the biggest hit. With most suppliers in the US, Europe,…

Although stock markets have been reasonably well behaved, geopolitics is dominating the tone and US/China trade spat is now evolving into a full-on trade conflict with technology looking to take centre stage.…

Having talked up the potential for a trade deal for months and the coming resolution between the two sides, Trump’s two tweets late last weekend, calling for import tariffs of 25% on…

After a week’s break in Japan which ushered in the Reiwa era, we resume our weekly publication on a continued positive note ahead of the market opening on Tuesday. Despite some anxieties…

Although Topix continued to move sideways last week, there were notable shifts in sector performers that painted a more positive picture for Japan’s stock market as we enter the start of the…