News

By Hideyuki Sano TOKYO (Reuters) – Asian shares hit a six-week high and the euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive, while the yen jumped after the Bank of Japan left policy unchanged. MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> rose Read More

European equities closed in positive territory on Tuesday amid speculation that the European Central Bank (ECB) will announce a full-scale bond-buying program when it meets on Thursday. The STOXX Europe 600 (^STOXX) ended around 0.8 percent higher, with most sectors of the index trading in positive territory, bar technology and oil and gas, paring earlier Read More

It’s nice to see a bounce, especially after China did the right thing to crack down on very speculative margin trading it banned.   New we will see if the market will take another bite of the poison fruit known as QE coming from the EU. Sadly, apparently the Euro is going that way putting Read More

By Jamie McGeever LONDON (Reuters) – European stocks and bonds rose on Monday as investors shrugged off the steepest fall in Chinese shares for over six years and bet the European Central Bank will unveil a bond-buying economic stimulus package later this week. Anticipation the ECB will announce such quantitative easing, or QE, at its Read More

By Lisa Twaronite TOKYO (Reuters) – Asian shares stumbled on Friday and the dollar skidded against the safe-haven yen after Switzerland’s central bank unexpectedly scrapped its currency cap – jolting markets already roiled by plunging commodities prices. Financial spreadbetters expected some of the gloom to spread to Europe, where they predicted Britain’s FTSE 100 (.FTSE) Read More

European equities rallied after a volatile session of trade on Thursday to close sharply higher, following action from the Swiss National Bank. The pan-European Euro Stoxx 600 Index (^STOXX) ended around 2.5 percent higher after switching between gains and losses for much of the session. This came as the Swiss National bank decided to abandoned Read More

Examining the Dow Jones Shanghai index ($ DJSH) it is apparent, that the third B sub-wave since the 2008 trough (wave A) is not complete, mainly due to the fact that it is less by 10 units relative to the first B sub-wave.   A reasonable target would be [ W1=400-175 ; DJSH=230+Fib*W1 ].   Read More

By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks mostly edged up on Thursday after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales. Spreadbetters saw the upward momentum for risk assets being retained in Europe, forecasting Britain’s FTSE (.FTSE) to Read More