European Open Market Briefing – 18/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up on Wednesday, getting a lift from further gains on Wall Street and as investors bet a weekend election would usher in continued political and monetary stability. The Nikkei was up 0.1 percent at 21,354.56 points at the end of morning trade, probing fresh 21-year highs and on… View Article

Morning Update – 18/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin Morning all.. Wall St had another very small gain in a very quiet session as did the Nikkei. The market seems rather on hold at present. FX ranges were very tight but GBP remains weak. Talks are moving too slowly for both sides.. BusinessEurope (lobby group, incl Britain) Letter to EU’s Tusk: European companies extremely… View Article

European Close Market Briefing – 17/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin In European Equity Markets stocks steadied on Tuesday, helped by some well-received earning updates from companies including food group Danone and education firm Pearson. The pan-European STOXX 600 index was flat at 391.43 points, staying close to the four-month highs hit in the previous session.  Danone rose as much as 2.3 percent before paring some gains. Pearson was up 6.1… View Article

Morning Update – 17/10/2017 – by Arjun Lakhanpal

October 17, 2017 by savi-admin Morning all.. Wall St had yet another record close with the S&P up 0.18% not a great deal but creeping ever higher and the Nikkei was also up again; closing up another 0.37%. US yields rose and took the dollar higher as Trump suggested that he was impressed with Taylor for the Fed Chair role…. View Article

European Open Market Briefing – 17/10/2017 – by Arjun Lakhanpal

October 17, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index was flat in choppy trade on Tuesday morning as falls in index-heavyweight SoftBank weighed on the market, while expectations that the ruling bloc will win the election later this month continued to underpin sentiment. The Nikkei opened 0.5 percent higher and was in positive territory most of the morning, but… View Article

European Close Market Briefing – 16/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin In European Equity Markets Spanish stocks lagged behind a broadly flat European market on Monday as the Catalonia crisis and a profit warning from renewables energy firm Siemens Gamesa weighed. Spain’s country index IBEX fell 0.7 percent while the pan-European STOXX 600 benchmark added a symbolic 0.01 percent. Spanish banks Caixa, Sabadell and BBVA took some of… View Article

European Open Market Briefing – 16/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose to a fresh 21-year high on Monday morning as the dollar stayed steady against the yen, while index-heavyweight SoftBank rose on news that T-Mobile and Sprint plan to merge. The Nikkei climbed 0.6 percent to 21,284.40 in midmorning trade, and touched 21,347.07, the highest level since late 1996. MSCI’s… View Article