Asian Market Relatively Neutral to Negative

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.

Asia Spill-Over Effects From Wall Street

Recovering lost ground in Equities, Oil and the precious metal have been the main drivers of what investors are seeing from the markets decline for more than a month and a half since opening of the new year. The surge on Wall Street have likewise given Asian markets that added lift prompting even the JPN 225 a boost as it moves @16753 levels in line with the USD/JPY  @114.00 to this writing. We'll keep focus on the market behavior moving forward at the beginning of the new month's trading activity.

Meanwhile, the spill over effects of a Wall street rally & other Asian exchanges have given some life for Philippines Stock Exchange Index (PSEI) above the 6800 handle that gave the USD/PHP currency a move @47.15 contrary to a steady USD strength on a day basis. Trading the Philippine market with its US counter-part on the EPHE ETF have outpaced the PSE Index due to its higher liquidity and room to make adjustments along the DOW & SP500 as an alternative strategies not commonly available to PH main-street investors.  

Although the market is limited, the PHP currency is still well within its upper band range with a few probable hiccups on the downside before a resumption can be made since its the election campaign period is well underway. The 48.15 levels is an initial near term cap. Unlike the rest of the majors which has a wider price range to move as they are globally & openly traded in the market; unlike the USD/PHP which is quite limited & so do with the PSE Index.  

COMPARATIVE INSIGHT #DJIA #PSEI #USDPHP

ATTENTION US - ASIAN INVESTORS & TRADERS

Taking a cue from market volatility with the @DOW and #SP500 price benchmark levels from our previous analysis, the #PSEI relief recovery from last week has now started to resume its downward trajectory.

The recent attempt towards the 6800-7000 range likewise were not a convincing rally which fizzled out as more foreign outflows weigh in the market. A similar case scenario have been building up even if the data on the Philippine GDP were in line with expectations; it was not enough to make a significant change in market sentiments to global slowdown on Asia Pacific economy.

The USDPHP after several weakness move heading slightly above 48.00 have gained some footing @47.50 levels while a resumption of its weakness can again be seen especially tied to the stock performance of the PSE Index. A closing below the 6500 levels will be still in negative territory heading towards the election season that may prove to weigh into the market. And any price recovery would be considered short-term. Consider looking @EPHE as a reference other than the traditional way looking @PSEI while comparing it with the @DOW Jones Industrial Average

Thus US-Asian investors would be well positioned to take advantage of related US markets that would offset overall negative value in PH stocks in their portfolio. The volume and liquidity of other markets relative to these moves are accessible knowing how to is a matter of due diligence and deriving a positive trading decision from a prism of market perspective analysis.