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Asian markets strong this morning, with Chinese GDP data coming out in line at 7.4% for the 3rd quarter, with the Chinese Premier stating before the numbers that their economy was stabilizing. The Nikkei the standout performer up 2%.

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Asian markets firmer again, buoyed by better than expected corporate earnings out of the US and Moody’s keeping their ratings for Spain unchanged. The Nikkei was the standout market trading up 1.2%. In Europe, the major news is the Moody’s announcement, the market had anticipated a downgrade for such. According to sources Spain and Germany are in final discussions about ECB intervention in the Spanish bond market. For data, we have UK BoE minutes and jobless claims. European markets have opened

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Asian markets firmer across the board, buoyed by positive retail sales data out of the US yesterday. In corporate news Softbank Corp rose over 9% after agreeing to buy 70% of Sprint Nextel Corp. Overnight the RBA released minutes following their rate cut, and stated that it may take time for recent cuts to take effect.

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Asian markets mixed this morning, with China’s Shanghai composite the laggard down 0.6%, Chinese CPI data came out at 1.9% yoy, and data over the weekend showed that exports rose by more than expected by 9.9%, whilst the PBOC’s deputy governor said at a meeting with the IMF that China has “relatively large space” to use monetary and fiscal policy to aid the economy.

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Asian markets mostly firmer this morning, sentiment slightly boosted by the fact that Japan and China have agreed to hold talks over the island dispute, with Japanese autos a major benefactor of the news.

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Equity markets and commodities have been hit in recent sessions amid fears of China's slowdown becoming deeper than many expect and with that the dollar has found a bid. There are a number of support levels in the US indices which are thus far holding and keeping the bullish trend intact but there are clear warning signs.

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Asian markets weaker this morning, as Chinese growth concerns continue to weigh on sentiment. The Nikkei was the regions’ worst performer down almost 2%. S&P have said that they see a “significant chance” of a ratings downgrade for India.

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Asian markets firmer for choice this morning, with the Nikkei 1% lower but China’s Shanghai Composite 2% better after PBOC Governor Zhou said that the Chinese economy faces downward pressure and they are willing to take pre-emptive action.

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Asian markets firmer this morning, with the Nikkei a leading performer up around 0.8% with the BOJ beginning their 2 day policy meeting today. In Australia, retail sales came out slightly weaker than expected but was somewhat offset by better building approvals. The autos again were outperformers with Honda and Toyota both higher by around 4%.

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Asian markets softer this morning with the Nikkei closing around 40bps lower. Chinese official purchasing manager index was lower weighed by lackluster new orders. Autos were a slightly better performer after better than expected US car sales, with Toyota’s sales up 42% year on year.

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The Nikkei closed lower after posting gains earlier in the session, whilst the Australian market was 1% higher after the central bank cut rates to the lowest level since 2009. Nintendo and Samsung were standout performers rising around 2% and 3% respectively.

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Asian markets open, but the bulk of the region have national holidays with released data over the weekend which showed a continuing contraction in Chinese manufacturing. This morning a survey released showed Japanese manufacturers became more pessimistic, and South Korea announced a third straight decline in monthly exports and shipments from Indonesia fell the most in three years.

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Asian markets are firmer this morning despite disappointing data showing a fifth consecutive month of declines for Chinese industrial profits and a weaker than expected manufacturers’ confidence number out of South Korea, prompting speculation of even more stimulus. Notably the Australian dollar rebounded from a 2 week low. Credit Suisse cut their Chinese growth forecasts for 2012 and 2013.

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Given where we are with the markets right now, I thought it is worth observing the potential for some negative divergences which may be about to play out. Following the S&P we made multi year highs in the past couple of weeks, and with that both RSI and MACD indicators made high points not registered since mid February. If we see the markets go on from here to retest recent highs or even surpass them and both the RSI and MACD fail to make fresh highs, technically we will have a clear bearish

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Asian markets mixed this morning on very light volume, the Chinese press reported that China’s September CPI may rise by around 2.2%. LG Display , supplier to Apple, in Korea fell around 3% after Apple’s iPhone 5 sales fell a little short of expectations.

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