Is It Too Late For China's New Stimulus Measures?
Chinese shares in the Hang Seng Index staged a massive recovery rally to end the week in which it temporarily fell into official bear market territory, and uplifted the entire region for..
Market Depth
Weston Nakamura’s “Market Depth” is your direct access to the Asia Pacific region. Tune in every Monday, Wednesday & Friday to stay up to date on the macro forces driving markets from Asia to the U.S and everywhere in between.
Episodes
When Markets De-Risk, But Not Decouple (from China)
A lousy Manufacturing PMI reading out of China pulled the Hang Seng index officially into bear market territory, sent the yuan crashing through 7.10, and seemed to have set off a broader,..
Can Industry Conferences Be Used As Market Indicators?
We are in the midst of key conferences for markets - from the CLSA Japan Summit in Tokyo, to A.I. focused Computex in Taiwan, to China-themed conferences by Morgan Stanley in Hong..
How Did Asia Markets Respond To The US Debt Ceiling Deal?
Prior to Asia markets open, major headlines came out of Washington that a debt ceiling deal had been made - and Asia equity indices, particularly in Japan, had traded positively on the..
Markets Give Up On The China Reopening
May was the worst month for markets that have bet on the China reopen theme - and this final week was particularly bad.Weston Nakamura walks through various markets - from equities, to..
Nvidia Reignites A Global Rally In A.I. Stocks
Despite Fitch putting the US's credit rating on negative watch, global markets are largely brushing off debt-ceiling risk. Weston Nakamura comments on the knee-jerk market reaction to the Fitch headline of strength..
Japan Finally Breaks And Takes Global Equity Markets Down
After hitting new three-decade-highs day after day, Japan's incredible equity market rally finally comes to an end. Notably, Japan's market direction, both to the upside as well as down, has been driving..
Is Japan About To Crash, Or Explode Higher?
While China’s PBOC leaves their Loan Prime Rates unchanged as expected, the central bank issues an official statement on Friday warning of FX market intervention, should the yuan’s precipitous decline continue. Nonetheless,..
Chinese Yuan Plummets, What Next?
The Chinese yuan, which had been in recent accelerated decline, hitting new year-to-date lows, has now crossed through a very key level into the 7-handle for onshore USDCNY. Furthermore, the currency's sharp..
Hopes For Global Growth Fade As China Data Disappoints Again
China once again misses consensus estimates on three of their latest data releases today, showing weakness in retail sales, industrial production, fixed asset investment, as well as a record high 20% youth..
Why Turkish Elections And The Lira Matter To Global Macro Markets
As the first round of Turkish general elections result in a runoff round, with President Erdogan facing his toughest political challenge yet, Turkish assets have been exhibiting volatility - as one would..
Navigating A Wild Week Of Market Drivers
In this week-in-review, Weston Nakamura follows up with market themes from earlier in the week. Starting with the frenzy and crash in Chinese bank stocks against a resilient Japanese equity market, Weston..