Morning Update – 10/03/2017 – by Arjun Lakhanpal

March 10, 2017 by savi-admin Morning all… Wall St closed marginally higher in a quiet session but Asia was bulled up by the rise in USDJPY which broke through 115.00 resistance as US yields surged again to trade above 2.6%. The Nikkei closed up an impressive 1.48%.. USDJPY making a high of 115.46 so far and is trading on the… View Article

American Round-Up – 09/03/2017 – by Arjun Lakhanpal

March 9, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Thursday, benefitting from a weaker yen after the dollar gained when U.S. jobs data cemented expectations the U.S. Federal Reserve is poised to raise interest rates next week. The Nikkei was up 0.15 percent at 19,283.10 at midday. The broader Topix edged up 0.1 percent to 1,552.45,… View Article

European Opening Session – 09/03/2017 – by Arjun Lakhanpal

March 9, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Thursday, benefitting from a weaker yen after the dollar gained when U.S. jobs data cemented expectations the U.S. Federal Reserve is poised to raise interest rates next week. The Nikkei was up 0.15 percent at 19,283.10 at midday. The broader Topix edged up 0.1 percent to 1,552.45,… View Article

Morning Update – 09/03/2017 – by Arjun Lakhanpal

March 9, 2017 by savi-admin Morning all.. Wall Street fell again in a quiet session with the S&P down 0.23% but Asia managed to stay in the green even after the steep fall in oil through the NY session and probably helped by the rally in USDJPY. The Nikkei finished up 0.34%. The Dollar was pretty quiet but generally firm… View Article

American Round-Up – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In European Equity Markets  shares rose on Wednesday, with results-driven gains from German sportswear company Adidas and British security company G4S partly offset by losses from EDF and Boskalis. The pan-European STOXX 600 index rose 0.1 percent, ending four straight days of losses. UK’s FTSE closed 0.1 percent lower after Britain’s budget statement delivered few surprises. Adidas… View Article

European Opening Session – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In Asian Equity Markets stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. interest rate hike next week.  China’s imports in February grew 44.7 percent from a year earlier on a yuan-denominated… View Article

Morning Update – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin Morning all.. Wall St closed lower again but no real signs of panic selling with the S&P down just 0.29% at the close. Asia also had a quiet session with the Nikkei also closing lower; down 0.47% aided by a weaker USDJPY. FX markets again trapped in tight ranges but further weakness in NZD against the… View Article

American Round-Up – 07/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In European Equity Markets stocks fell on Tuesday as stocks in big international drugmakers were hit after U.S. President Donald Trump tweeted about lowering drug prices. The STOXX 600 fell 0.3 percent, setting its fourth straight session of losses. The region’s healthcare index was the top drag to the STOXX, down 1 percent, after Trump said he was… View Article

European Opening Session – 07/03/2017 – by Arjun Lakhanpal

March 7, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged down on Tuesday, following Wall Street’s lead, with investors deterred by geopolitical tensions after the North Korean missile tests, while buying continued to fuel in into small cap stocks. The Nikkei fell 0.2 percent to 19,344.15. The broader Topix was flat at 1,555.04 and the JPX-Nikkei Index 400… View Article

Morning Update – 07/03/2017 – by Arjun Lakhanpal

March 7, 2017 by savi-admin Morning all.. Wall St closed down 0.33% in a very quiet session for all assets. Ranges in FX were very tight and remained so in Asia. We saw the Nikkei close down 0.18% but again very quiet and no news. EUR remains a little soft as risks still remain with the Dutch Election this month….. View Article