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East to West: Still mostly bullish apart from EU & China

South Korea’s Seoul Composite Index continues in a strong up-trend despite the nuclear threat from its northern neighbor. The latest retracement appears mild and likely to test the rising trendline around 2450. 193 more words

Stock Markets

East to West: S&P 500 leads the bulls

Let us start in the East, with the canary in the coal mine. The Seoul Composite Index completely ignored the nuclear threat from its northern neighbor, surging in a strong primary up-trend. 167 more words

Stock Markets

The Kindleberger Trap

From Joseph S. Nye, Professor, Harvard University:

As US President-elect Donald Trump prepares his administration’s policy toward China, he should be wary of …. the “Kindleberger Trap”: a China that seems too weak rather than too strong.

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US & Canada

East to West: Seoul and Footsie find support

A Twiggs Money Flow trough high above zero reflects strong buying support on the Seoul Composite Index. Breach of support at 2300 is unlikely but would signal a primary down-trend. 187 more words

Stock Markets

Catalonian referendum violence plunges EU into crisis as '90% of voters back independence'

A woman tends to her injuries in front of riot police near a school being used as a polling station

From Hannah Strange and James Badcock: 182 more words

UK & Europe

Germany's voters have spoken....

Opinion by Prince Michael of Lichtenstein:

The CDU/CSU under Chancellor Angela Merkel has again emerged from Sunday’s general election as Germany’s strongest party. The victory looks more like a crushing defeat, however, as its 33 percent support in the early returns would be the party’s worst result since 1949.

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UK & Europe

East to West: Seoul selling pressure

Declining peaks on Twiggs Trend Index and a tall shadow on this week’s candle warn of selling pressure on the Seoul Composite Index. Breach of support at 2300 would signal a primary down-trend. 183 more words

Stock Markets