Morning Update – 07/04/2017 – by Arjun Lakhanpal

April 7, 2017 by savi-admin Morning all.. Wall St closed firmer (up 0.19%) before the launch on Syria by the US. Stocks in Asia were mixed, bouncing after early weakness on the Syria news. The Nikkei finally closing up 0.75% but USDJPY struggled as safe haven assets were in demand and the JPY strengthened. We saw a low at 110.12 at… View Article

American Round-Up – 06/04/2017 – by Arjun Lakhanpal

April 7, 2017 by savi-admin In European Equity Markets stocks ended slightly higher on Thursday, with banks seeing a volatile session as dovish comments from ECB chief Mario Draghi triggered talk over the outlook for monetary policy in the region. The STOXX 600 index reversed losses to end 0.2 percent higher, while Britain’s FTSE lagged and Germany’s DAX gained 0.1 percent. Among… View Article

European Opening Session – 06/04/2017 – by Arjun Lakhanpal

April 6, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell to a four-month low on Thursday morning after U.S. stocks tumbled overnight on signs the U.S. Federal Reserve may start cutting its king-sized balance sheet earlier than expected. The Nikkei lost 1.4 percent to 18,595.12 points by the midday break, the lowest since early December. The broader Topix… View Article

Morning Update – 06/04/2017 – by Arjun Lakhanpal

April 6, 2017 by savi-admin Morning all.. After a strong start, US equities fell as FOMC minutes showed the Fed looking at removing stimulus by shrinking the massive balance sheet. This has been seen as driving stocks to recent highs for some years and its reduction may be a concern. S&P closed down 0.31%, way off its days highs. This… View Article

American Round-Up – 05/04/2017 – by Arjun Lakhanpal

April 5, 2017 by savi-admin In European Equity Markets stocks struggled to find direction on Wednesday, making slight gains as strength in oil and basic resource stocks outweighed weaker autos and healthcare sectors. The pan-European STOXX 600 index was up 0.2 percent. Autos stocks were again the worst-performing sector, down 0.5 percent. Danish business support services firm ISS was a top gainer,… View Article

European Opening Session – 05/04/2017 – by Arjun Lakhanpal

April 5, 2017 by savi-admin In Asian Equity Markets stocks rose on Wednesday, helped by a bounce in Chinese shares, though the underlying sentiment was still cautious with investors wary of taking big positions before Presidents Donald Trump and Xi Jinping start their summit on Thursday. MSCI’s broadest index of Asia-Pacific stocks outside Japan rose 0.4 percent with Shanghai and Hong Kong… View Article

Morning Update – 05/04/2017 – by Arjun Lakhanpal

April 5, 2017 by savi-admin Morning all.. Wall St recovered from early losses at the open to close up marginally as traders wait the Fed minutes and the Trump meeting with Xi. It was also pretty quiet in Asia with the Nikkei managing to close up 0.25% as USDJPY bounced away from 110.00 support. The Aussie recouped some of its… View Article

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

April 5, 2017 by savi-admin In European Equity Markets the muted start to the second quarter continued on Tuesday with stocks ending a choppy session slightly in positive territory as gains in oil-related stocks and miners more than offset weakness in the autos sector. The pan-European STOXX 600 index ended up 0.2 percent, while the resources-heavy FTSE 100 outperformed and was… View Article

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

April 4, 2017 by savi-admin In Asian Equity Markets stocks inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week.  MSCI’s broadest index of Asia-Pacific stocks outside Japan fell 0.2 percent. Japan’s Nikkei fell 1.1 percent as automakers tumbled on weaker-than-expected U.S. sales and investors… View Article

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

April 4, 2017 by savi-admin Morning all.. Wall St had a quiet session and closed down just 0.16% but Asia had a rather more worrying session with the Nikkei down a further 1% as US bond yields took a dive to a 5 week low. US 10yr traded at 2.328% but had been a tad lower in Asia. In mainland… View Article