Strong start to 2018 in Asia
The Asian markets started the new year strongly with the Nikkei 225 reaching its highest point in 26 years, closing over 23,500. Japan now looks well-placed to finally shake itself free of the economic mire it has been in for so many years.
The Hang Seng in Hong Kong wasn’t quite so excitable, but continued the upward trend. Korean markets are still under the shadow of the risk posed by the rhetoric of their Northern neighbours, although Donald Trump’s apparent policy of holding Kim Jung Un’s bluster up to ridicule is likely to prove effective, as the North Koreans are fully aware that while you can taunt a chained dog in relative safety, the same policy is not likely to prove beneficial with one that has teeth that can reach you.