European Open Market Briefing – 04/09/2017 – by Arjun Lakhanpal

September 4, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average stumbled on Monday after North Korea conducted its most powerful nuclear test yet, and some traders expect more selling once the U.S. market reopens after a holiday. The Nikkei lost 0.8 percent to 19,527.75, falling from Friday’s two-week high while the broader Topix declined 0.9 percent to 1,605.15…. View Article

Morning Update – 04/09/2017 – by Arjun Lakhanpal

September 4, 2017 by savi-admin Morning all..On Friday, Wall St closed higher after some rather poor US unemployment and wage data with the S&P closing up 0.2%. But over the weekend Kim of N. Korea was firing off another missile and this one a huge jump in explosive power. Asian markets are far more nervous of this kind of action… View Article

European Close Market Briefing – 01/09/2017 – by Arjun Lakhanpal

September 1, 2017 by savi-admin In European Equity Markets stocks closed higher for a third straight session on Friday, boosted by a news report saying the European Central Bank will likely wait until December to unveil a plan to taper its asset purchases. The Stoxx Europe 600 index ended 0.6 percent higher at 376.14, giving it a 0.6 percent rise for the… View Article

AUD/USD Update – 01/09/2017 (13:10am) – by Arjun Lakhanpal

September 1, 2017 by savi-admin AUD/USD Update – 01/09/2017 (13:10am): AUD/USD has sold off to the 3 month uptrend at 0.7893 but has since bounced.. Below the uptrend lies the .7808 current August low, which guards good support at .7748/41. Longer term our focus is on the .7980/91 July 20 and August 4 highs and this guards the .8065 recent… View Article

USD/YEN Update – 01/09/2017 (11:00am) – by Arjun Lakhanpal

September 1, 2017 by savi-admin USD/YEN Update – 01/09/2017 (11:00am): USD/JPY has recently charted a key day reversal and this suggests recovery to the 111.05 current August high and the 111.20 55 day ma. Above here would target the 112.50, the 200 day ma. There is scope for the top of the range at 114.38/49. But we have some important… View Article

European Open Market Briefing – 01/09/2017 – by Arjun Lakhanpal

September 1, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up on Friday, echoing Wall Street gains, but trading was subdued as investors awaited U.S. job data for possible clues on the Federal Reserve’s next move on interest rates. The Nikkei gained 0.2 percent to 19,685.97 points by midmorning trade. The broader Topix was up 0.1 percent to 1,618.26.  MSCI’s… View Article

Morning Update – 01/09/2017 – by Arjun Lakhanpal

September 1, 2017 by savi-admin Morning all.. Wall St closed firmer after US data came in with solid results but the session was muted as we wait for the big US payrolls data later today. The same was the case in Asia where the Nikkei closed up 0.2%. G10 currencies were muted overnight with some mild USD strengthening as investors… View Article

European Close Market Briefing – 31/08/2017 – by Arjun Lakhanpal

August 31, 2017 by savi-admin In European Equity Markets stocks rose for a second day on Thursday following heavy losses on jitters over North Korea but posted a third straight month of decline, while a profit warning from Carrefour sank the retail sector. The pan-European STOXX 600 ended up 0.8 percent, boosted by strong gains for miners and construction stocks, while… View Article