European Open Market Briefing – 30/05/2017 – by Arjun Lakhanpal

May 30, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell on Tuesday, with the equity market feeling downward pressure from a stronger yen, which hurts big manufacturers’ export revenues. The Nikkei lost 0.5 percent to 19,487.71. The broader Topix lost 0.4 percent to 1,564.09 and the JPX-Nikkei Index 400 was also 0.4 percent lower, at 13,943.06.  MSCI’s broadest index… View Article

Morning Update – 30/05/2017 – by Arjun Lakhanpal

May 30, 2017 by savi-admin Wall St closed very quietly on Friday and was closed yesterday but Asian stocks have moved lower last night before rallying into the close.. The Nikkei closed around unchanged but concerns over N. Korea firing another test missile is keeping many nervous. This saw USDJPY fall and risk averse currencies also fell with AUDJPY lower…. View Article

European Close Market Briefing – 26/05/2017 – by Arjun Lakhanpal

May 28, 2017 by savi-admin In European Equity Markets stocks slid in thin trade on Friday as shares in energy firms and banks decreased, ending a lackluster week relatively little changed. The pan-European STOXX 600 index closed 0.2 percent lower as did the euro zone blue chips. Banks were the biggest drag, falling 0.6 percent and hitting a one-week low earlier in… View Article

European Open Market Briefing – 26/05/2017 – by Arjun Lakhanpal

May 26, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index remained solidly on track for a winning week on Friday, underpinned by record closing highs on Wall Street even as a firmer yen put a damper on sentiment. The Nikkei was down 0.3 percent at 19,753.42 in morning trade, but was still up 0.8 percent for the week. MSCI’s broadest… View Article

Morning Update – 26/05/2017 – by Arjun Lakhanpal

May 26, 2017 by savi-admin Morning all.. Wall St had another good session with the S&P closing up another 0.44% but FX markets remain trapped in tight ranges as US yields fail to budge. In Asia stocks were a little prone to profit taking into the weekend and the Nikkei fell 0.64% as USDJPY slipped on the back of higher… View Article

European Close Market Briefing – 25/05/2017 – by Arjun Lakhanpal

May 25, 2017 by savi-admin In European Equity Markets stocks struggled to keep gains on Thursday in choppy trade as falls in commodity-facing firms weighed, with investors hunting for fresh direction in the aftermath of Europe’s blistering first quarter earnings season. The pan-European STOXX 600 index was up just 0.1 pct. Euro zone blue chips were 0.2 percent higher. French aerospace supplier Zodiac… View Article

European Open Market Briefing – 25/05/2017 – by Arjun Lakhanpal

May 25, 2017 by savi-admin In Asian Equity Markets Japanese stocks edged up on Thursday as investors bought futures after the yen weakened in Asian trade, while a rise in index-heavyweights such as SoftBank supported sentiment. In midmorning trade, the Nikkei index edged up 0.5 percent to 19,849.10.  MSCI’s broadest index of Asia-Pacific stocks outside Japan advanced 0.7 percent, hitting its highest… View Article

Morning Update – 25/05/2017 – by Arjun Lakhanpal

May 25, 2017 by savi-admin Morning all.. Wall St closed at another record high yesterday with the S&P up 0.25% closing above 2400. This and a rise in oil boosted Asian confidence and stocks with the Nikkei closing up 0.47% and the Hang Seng up almost 1%. FX markets trapped in tight ranges again and the USD a little lower… View Article