Morning Update – 08/03/2018 – by Arjun Lakhanpal

March 8, 2018 Morning all… Wall St manged to recover all overnight losses in Futures as many still feel Trump is posturing and that Cohn can be replaced. S&P was unchanged and the NASDAQ closed up 0.3%. It was an extremely quiet Asian session with the Nikkei closing up 0.54% and HK up 1.4%. Many analysts suggest that… View Article

European Close Market Briefing – 07/03/2018 – by Arjun Lakhanpal

March 7, 2018 In European Equity Markets stocks closed slightly higher Wednesday, after the resignation of President Donald Trump’s economic advisor and the European Union’s threat of tariffs on U.S. goods heightened fears of a global trade war. The pan-European Stoxx 600 closed 0.37 percent higher Wednesday, with most sectors and major bourses in positive territory. Europe’s auto stocks were among the best performers,… View Article

European Open Market Briefing – 07/03/2018 – by Arjun Lakhanpal

March 7, 2018 In Asian Equity Markets stocks traded mostly lower in choppy Wednesday trade following news that a top Trump economic advisor had resigned. The Nikkei 225 slipped 0.67 percent, or 144.42 points. The iron and steel sector, which would likely be affected if recently announced tariffs were implemented by the Trump administration, traded lower by 1.96 percent. South Korea’s Kospi was off by… View Article

Morning Update – 07/03/2018 – by Arjun Lakhanpal

March 7, 2018 Morning all.. While US stocks managed to close in the green, they have since slumped overnight as it seems Gary Cohn has resigned from the Whitehouse as Trumps senior adviser over the tariffs issue. He was seen as Wall St friendly and the hand of reason in an otherwise volatile administration. S&P futures are down… View Article

European Close Market Briefing – 06/03/2018 – by Arjun Lakhanpal

March 6, 2018 In European Equity Markets stocks finished Tuesday’s session slightly higher, as investors tried to shrug off concerns surrounding a potential trade war and uncertainty following Italy’s election result. The pan-European STOXX 600 closed up 0.18 percent, off its session lows, with most of the region’s sectors ending flat or in the black. The U.K.’s FTSE 100 gained 0.51 percent by the close,… View Article

European Open Market Briefing – 06/03/2018 – by Arjun Lakhanpal

March 6, 2018 In Asian Equity Markets stocks rallied as concerns over a potential trade war faded on Tuesday, with gains in the region led by Japan’s benchmark Nikkei. Japan’s Nikkei 225 jumped 2.14 percent. Exporters gained on the firmer dollar, with automakers, technology and manufacturers higher for the most part. Other large caps also recorded significant gains, with Fast Retailing up 3.03 percent. Over… View Article

Morning Update – 06/03/2018 – by Arjun Lakhanpal

March 6, 2018 Morning all.. Wall St had a solid bounce after a strong recovery in Europe led by the DAX. S&P closed up 1.1% and all US indices were up over 1%. The recovery spilled over to Asia where the Nikkei closed up 1.8% with HK up over 2%. The rally seems based on opposition to Trumps… View Article

European Close Market Briefing – 05/03/2018 – by Arjun Lakhanpal

March 5, 2018 In European Equity Markets the pan-European STOXX 600 closed higher by 1.04 percent, with the majority of sectors posting strong gains. The U.K.’s FTSE 100 closed up 0.65 percent and France’s CAC 40 rose 0.6 percent, while Germany’s DAX closed 1.49 percent higher. During Monday’s session, the FTSE MIB fell more than 1 percent and entered correction levels, off some 10 percent from the highs it… View Article