European Close Market Briefing – 16/11/2017 – by Arjun Lakhanpal

November 16, 2017 by savi-admin In European Equity Markets stocks enjoyed a recovery on Thursday, snapping their longest losing streak since October 2016 as the cyclical sectors which had driven a market-wide sell-off made a comeback. The pan-European STOXX 600 index climbed 0.4 percent, with the cyclicals-heavy DAX up 0.5 percent while Britain’s FTSE 100 and Italy’s top stock index lagged, trading flat. French telecoms firm… View Article

European Open Market Briefing – 16/11/2017 – by Arjun Lakhanpal

November 16, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Thursday as buyers stepped back in for bargains following six straight days of losses, with SoftBank gaining after a report that it plans to invest as much as $25 billion in Saudi Arabia. The Nikkei was up 0.6 percent at 22,176.87. The broader Topix added 0.3 percent to… View Article

Morning Update – 16/11/2017 – by Arjun Lakhanpal

November 16, 2017 by savi-admin Morning all… Wall St had another disappointing close with the S&P closing down 0.55% in a session dominated by risk aversion. However, in Asia we have seen a slight bounce across the board with all Asian stocks higher and the Nikkei closing up nearly 1.5%. Australian bonds climbed after a rally in Treasuries spurred in… View Article

European Close Market Briefing – 15/11/2017 – by Arjun Lakhanpal

November 15, 2017 by savi-admin In European Equity Markets a fall in commodity stocks and sustained profit-taking sent stocks to an eight-week low and their seventh straight session of losses on Wednesday, but Airbus rallied after winning a record plane deal. The pan-European STOXX 600 index was down to its lowest level since Sept. 20. It closed 0.4 percent down, slightly off… View Article

European Open Market Briefing – 15/11/2017 – by A Lakhanpal

November 15, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell to a two-week low on Wednesday morning, with most sectors in negative territory as investors took profit on a rally that pushed local stocks about 20 percent higher over the past two months. The Nikkei shed 0.8 percent to 22,207.01 in midmorning trade, after hitting as low as… View Article

Morning Update – 15/11/2017 – by Arjun Lakhanpal

November 15, 2017 by savi-admin Morning all.  Stocks look a little vulnerable and whilst the S&P only closed down 0.23%, we saw another stumble in the Nikkei overnight, which closed down another 1.57%. The Topix fell for a fifth day in the longest losing run this year. A global equity sell off deepened in Asia amid signs of an oversupply… View Article

Morning Update – 14/11/2017 – by Arjun Lakhanpal

November 14, 2017 by savi-admin Morning all.. A very quiet session in the US yesterday saw the S&P close marginally higher and the same applied to Asia where the Nikkei closed unchanged on the day in another very quiet session which trapped the USD in a very tight range overnight. Shares in China slipped after the country’s economic expansion dialed… View Article