USD/YEN Update – 24/04/2017 (11:05am) – by Arjun Lakhanpal

April 24, 2017 by savi-admin USD/YEN Update – 24/04/2017 (11:05am): USDJPY gapped higher on the open following Macron and Le Pen’s progression into round 2 of the French presidential elections. The market’s sigh of relief was palpable after the polls proved accurate and currently register a Macron win over Le Pen of ~60-40%. USD/JPY’s near term outlook is positive on… View Article

European Opening Session – 24/04/2017 – by Arjun Lakhanpal

April 24, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average rose to a near three-week high on Monday with broader investor risk sentiment improving after centrist Emmanuel Macron took a step towards the French presidency after the weekend’s voting. The Nikkei was up 1.4 percent at 18,878.31 after rising to 18,910.33, its highest since April 5. The broader Topix gained… View Article

Morning Update – 24/04/2017 – by Arjun Lakhanpal

April 24, 2017 by savi-admin Morning all.. Wall St closed quietly as most were waiting to see how the first round of the French Presidential vote went and as of now it looks like a two-way run-off between Macron and Le Pen and one that is suggested to secure Macron as the new President. This has been seen as a… View Article

American Round-Up – 21/04/2017 – by Arjun Lakhanpal

April 21, 2017 by savi-admin In European Equity Markets  French blue-chip stocks underperformed other European benchmark indexes on Friday as investors retreated from risky bets ahead of the too-close-to-call first round of France’s presidential election. The CAC fell 0.4 percent, while the pan-European STOXX index added 0.1 percent. On the week they were down slightly but both indexes are less than… View Article

GBP/USD Update – 21/04/2017 (14:40) – by Arjun Lakhanpal

April 21, 2017 by savi-admin GBP/USD Update – 21/04/2017 (14:40): GBP finding it difficult to move back above mid-1.2800s, while immediate downside remains protected by the 1.2775-70 horizontal support area. On the economic data front, the pair had a muted reaction to a larger-than-expected drop in the UK monthly retail sales figure. Today’s disappointing retail sales clearly suggests that higher… View Article

European Opening Session – 21/04/2017 – by Arjun Lakhanpal

April 21, 2017 by savi-admin In Asian Equity Markets Japanese stocks rose to 1-1/2 week highs on Friday as global investors bet that U.S. tax reforms are getting back on track, but Fujifilm Holdings tumbled after it delayed its earnings release due to an accounting probe. The Nikkei 225 index gained 0.9 percent to 18,597.25 points by mid-morning, its highest level… View Article

Morning Update – 21/04/2017 – by Arjun Lakhanpal

April 21, 2017 by savi-admin Morning all.. Confidence returned to Wall St, closing up 0.76% reversing all the previous sessions looses and some. Trump was talking of imposing Steel tariffs but this seemed to help rather than hinder US stocks. This sparked solid buying in Asia as well with the Nikkei closing up 1.1% as risk sentiment grew. Iron Ore… View Article

American Round-Up – 20/04/2017 – by Arjun Lakhanpal

April 20, 2017 by savi-admin In European Equity Markets stocks edged higher on Thursday as investors welcomed results from Man Group and Pandora maintained its outlook, while French equities outperformed ahead of the first round of France’s presidential election. The pan-European STOXX 600 index ended the session 0.2 percent higher. France’s CAC 40 rose 1.5 percent and marking its best… View Article

European Opening Session – 20/04/2017 – by Arjun Lakhanpal

April 20, 2017 by savi-admin In Asian Equity Markets Japanese stocks rose on Thursday morning as the yen’s strong trend paused and the country’s strong trade data lifted sentiment, but mining shares underperformed on the back of a steep decline oil prices. The Nikkei 225 index rose 0.3 percent to 18,484.46 in midmorning trade. The broader Topix gained 0.5 percent to 1,478.86… View Article

Morning Update – 20/04/2017 – by Arjun Lakhanpal

April 20, 2017 by savi-admin Morning all.. Wal St had a very mixed session with techs doing well but the Dow down 0.58% as banks and energy firms moved lower. The S&P was stuck in the middle closing down just 0.17%. Overall though it was a quiet US session. Over in Asia we saw the Nikkei finish close to unchanged… View Article