Relatively mix market reaction even coming from ASEAN meet in Laos have not given any real incentives for the Asian market. As the dominant #YEN at 101.58 have continued to gain strength contrary to BOJ Kuroda statements on monetary policy have seen the Japanese NK225 drift lower at 16958.
#USDJPY As of 9.08.16
https://dwq4do82y8xi7.cloudfront.net/x/zP8HCeQH/
#NI225 - Nikkei 225 Average Japan as of 9.08.16
https://www.tradingview.com/x/EBuq3BQd/
This is a short yet negative effect on stocks as foreign investors have cash / position outflow which have given weight on prices. Such an outcome still continue to score as foreign investors exit on the price recovery with little investment interest for the week. Even US investors are drifting away for now with lackluster trading is reflected in volumes.
#EPHE - ISHARES PHILIPPINES ETF
https://dwq4do82y8xi7.cloudfront.net/x/aL3h4aRX/
As a result that spilled over in the Philippine Stock Index - PSEI even as it makes a slight recovery from yesterday's decline. Nearing the 7500 support levels and thus making a slight price pullback as fresh foreign position adjustments takes place in lackluster trades due to outflow. As the exchange rate USDPHP have seen some wide trade swings for the past couple of days with a price range of 47.00 low value and a 46.00 high value. Pesos weakness would continue for as long as negative sentiments remain from foreign investors for now.
MEGATRADE101.com - The Business of Making the Right Trading Decisions Beyond Charting & Price Action Analysis
Indeed, European markets are down, yet European currencies and two of the major Asian currency pairs; #AUSSIE & #YEN simply offsets the lackluster trading in the US stock market. Alternating market shift from tactical investors have done well in this type of market condition.
ReplyDeleteLink: http://ukinvestormagazine.co.uk/markets-eg235y/
UPDATE: Contagion Negative Effects from US Equity Decline
ReplyDeleteASIA Market Performance as of 9.12.16
Name Price Change %Change
NIKKEI 16708.73 -257.03 -1.51%
https://www.tradingview.com/x/TLFG86SG/
HSI 23423.50 -676.20 -2.81%
https://www.tradingview.com/x/h4F3wYyP/
ASX 200 S&P/ 5219.20 -119.98 -2.25%
http://www.marketindex.com.au/asx200
SHANGHAI 3014.30 -64.56 -2.10%
http://www.bloomberg.com/quote/SHCOMP:IND
KOSPI Index 2000.56 -37.31 -1.83%
http://www.bloomberg.com/quote/KOSPI:IND
Whip-saw price action swings iboth directions again, provided analyst mum on how market sentiments changed just within a matter of one day. Adapting to market conditions prior-to & post market release can create a 'cluster of bar uncertainty' to those whose does not see the true value behind the directional movements.
ReplyDeletelink: https://www.tradingview.com/x/2q2UEnEq/
Validated since Sept 11, 2016. If you like to know more of these kind of market analysis, then JOIN THE TSOT CLUB - Being Ahead of the Market Price Action is a unique advantage that TSOT brings for its members. Membership has it's advantages! Top Strategies on Trade by Megatrade101 has a distinct trading advantage in the global foreign exchange market as it identifies certain currency majors 'Price Action' and their correlated cross rates price configuration ahead of time.
ReplyDeletehttp://www.megatrade101.com/index.php/component/content/article/2-uncategorised/910-join-
#PSEI Price Recovery Stalls Amid #PHP Continues its Weakness
ReplyDeletehttps://plus.google.com/110704191161245097602/posts/CJ3hQfJVA6L?_utm_source=199-1-1
@RT- VALIDATED from OCT 30 Call on #USDJPY, #NIKKEI_225 #HEWJ_ETF ( A Rolling Trade Strategy thru #USD Strength)
ReplyDeletehttps://plus.google.com/110704191161245097602/posts/QGoEVEgzqiC?_utm_source=199-1-1
The question is for Asian - PH Investors / traders: Knowing what you now know with lower stock market prices and a continued PHP declining price value; what would you have done to protect probable losses when you had a warning signal as early has the middle of 2016 before they occurred?
ReplyDeleteThe simple answer is probably nothing or by knowing how to level-off the playing field would have preserve your wealth and even gained from a Net Hedge position of your total investment portfolio.