Morning Update – 24/10/2017 – by Arjun Lakhanpal

October 24, 2017 by savi-admin Morning all.. Wall St closed marginally lower in a very quiet session but the Nikkei had another solid session, closing up 0.4%. The Nikkei 225 Stock Average climbing for a record-breaking 16th consecutive session.  US yields were off the highs made in Ny but held firmly at 2.37% through the Asian session. USDJPY was caught… View Article

European Close Market Briefing – 23/10/2017 – by Arjun Lakhanpal

October 23, 2017 by savi-admin In European Equity Markets stocks were flat on Monday with banks weighing and Madrid’s bourse lagging its peers as Catalonia’s political crisis deepened. The pan-European STOXX 600 was up 0.1 percent while Spain’s benchmark IBEX fell 0.5 percent, with banks – including BBVA down 1.4 pct and Banco Santander down 1.3 percent – taking most points off the… View Article

Morning Update – 23/10/2017 – by Arjun Lakhanpal

October 23, 2017 by savi-admin Morning all.. Wall St Climbed again Friday with the S&P up 0.5% and the Dow up 0.7% in a session that saw US yields and the dollar also rally. In Japan, after the confirmation that Abe had the two thirds majority needed, we saw the Nikkei surge and close up over 1.1% and looks to… View Article

European Open Market Briefing – 23/10/2017 – by Arjun Lakhanpal

October 23, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index made 21-year highs on Monday and was on course to rise for a record fifteenth straight session, lifted by a weaker yen after Japanese Prime Minister Shinzo Abe’s coalition scored a resounding election victory on Sunday. The Nikkei was up 0.9 percent at 21,658.25 at the end of morning… View Article

European Open Market Briefing – 18/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up on Wednesday, getting a lift from further gains on Wall Street and as investors bet a weekend election would usher in continued political and monetary stability. The Nikkei was up 0.1 percent at 21,354.56 points at the end of morning trade, probing fresh 21-year highs and on… View Article

Morning Update – 18/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin Morning all.. Wall St had another very small gain in a very quiet session as did the Nikkei. The market seems rather on hold at present. FX ranges were very tight but GBP remains weak. Talks are moving too slowly for both sides.. BusinessEurope (lobby group, incl Britain) Letter to EU’s Tusk: European companies extremely… View Article

European Close Market Briefing – 17/10/2017 – by Arjun Lakhanpal

October 18, 2017 by savi-admin In European Equity Markets stocks steadied on Tuesday, helped by some well-received earning updates from companies including food group Danone and education firm Pearson. The pan-European STOXX 600 index was flat at 391.43 points, staying close to the four-month highs hit in the previous session.  Danone rose as much as 2.3 percent before paring some gains. Pearson was up 6.1… View Article

Morning Update – 17/10/2017 – by Arjun Lakhanpal

October 17, 2017 by savi-admin Morning all.. Wall St had yet another record close with the S&P up 0.18% not a great deal but creeping ever higher and the Nikkei was also up again; closing up another 0.37%. US yields rose and took the dollar higher as Trump suggested that he was impressed with Taylor for the Fed Chair role…. View Article