European Open Market Briefing – 22/03/2018 – by Arjun Lakhanpal

March 22, 2018 In Asian Equity Markets stocks traded mixed Thursday in what proved to be a choppy session after the U.S. Federal Reserve raised interest rates for the first time this year. Japan’s Nikkei 225 rose 0.74 percent and the broader Topix edged up by 0.38 percent, with the mining and oil sectors climbing 4.53 percent and 2.83 percent, respectively. Elsewhere, South… View Article

Morning Update – 22/03/2018 – by Arjun Lakhanpal

March 22, 2018 Morning all.. The reaction to the FOMC statement and Powell Press conference was mixed with lower dollar, quiet stocks and a dip in yields. The S&P closed down 0.18% in a quiet session. Better news for the Nikkei which rallied 1% but HK and Shanghai were down. Markets a little concerned that the Fed is… View Article

European Close Market Briefing – 21/03/2018 – by Arjun Lakhanpal

March 21, 2018 In European Equity Markets the pan-European Stoxx 600 closed slightly lower, down by 0.17 percent with business sectors and major bourses revealing a mixed bag at the end of the day’s trading. Europe’s basic resources recovered from losses earlier in the day, rallying 1.7 percent by the market close. Luxembourg-based steel-maker Arcelormittal topped the sector, closing up over 4 percent. The… View Article

European Open Market Briefing – 21/03/2018 – by Arjun Lakhanpal

March 21, 2018 In Asian Equity Markets indices traded cautiously higher on Wednesday, with markets focused on the Federal Reserve after it kicked off its March meeting. Hong Kong’s Hang Seng Index got a lift, jumping 1.21 percent as technology, energy and property names led gains. Shares of index heavyweight Tencent rose 1.84 percent ahead of its earnings release later in the… View Article

Morning Update – 21/03/2018 – by Arjun Lakhanpal

March 21, 2018 Morning all.. Wall St just about managed to finish on a positive note in a quiet session as we wait for the FOMC statement tonight and possible rate hike. The S&P finishing up just 0.15%. The NASDAQ recovered slightly to finish in the green but concerns over Facebook remain and the company is in the… View Article

European Close Market Briefing – 20/03/2018 – by Arjun Lakhanpal

March 20, 2018 In European Equity Markets the pan-European Stoxx 600 closed 0.6 percent higher with most sectors and all major bourses trading in positive territory. The German DAX rallied the most, closing up 0.8 percent. Financial services was the top performing sector on earnings, finishing Tuesday’s trade up 1.4 percent. Partners Group rose 3.5 percent after announcing higher profits for 2017 and a gross client… View Article

European Open Market Briefing – 20/03/2018 – by Arjun Lakhanpal

March 20, 2018 In Asian Equity Markets stocks were weaker on Tuesday, as investors stayed cautious following the overnight pullback on Wall Street and ahead of a two-day Federal Reserve policy meeting. In Tokyo, the Nikkei 225 fell 0.5 percent, or 106.37 points, tracking declines seen stateside, but paring some of the more than 200-point losses seen earlier. Most sectors recorded declines, although trading… View Article

Morning Update – 20/03/2018 – by Arjun Lakhanpal

March 20, 2018 Morning all.. Wall St had a bad day, led by tech stocks on the back of the Facebook issue. The S&P closed off the lows but down 1.4% still and the NASDAQ closed down 1.84% having been down well over 2% at one point. Rather surprisingly, after a nervous session yesterday, the Nikkei held up… View Article