Thursday, 28 May 2015

Financial Orbit wrap 28/05/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1. Japan - Fast FT note a long winning streak for the local stock market as the yen falls to its lowest level since 2002. Without that yen fall there is no way this would be happening.  Another sign favouring further pressure for a weak currency for any country wanting a stimulus...

2. The Chinese market was (finally) downward volatile today.  A great graphic here on some history here: 

3. Another big deal in the US technology space this time between Avago and Broadcom: 

4.UK GDP was a little dull...and not helped by the trade side which as indicated by this graphic on UK exports to China has been negative.  The pound is too strong OR Chinese growth (and hence demand for imports) has been weak?

 5. And finally...the latest Financial Orbit Speaks enhanced podcast is out (link here).

Financial Orbit Speaks is a regular macroeconomic and stock specific enhanced podcast by Chris Bailey, Founder and Chief Investment Officer of Financial Orbit Limited.

This edition includes thoughts on the US consumer, views from the Greek finance minister, volatility in Japan and China and the power of brands.  

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