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

October 17, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index was flat in choppy trade on Tuesday morning as falls in index-heavyweight SoftBank weighed on the market, while expectations that the ruling bloc will win the election later this month continued to underpin sentiment. The Nikkei opened 0.5 percent higher and was in positive territory most of the morning, but… View Article

European Close Market Briefing – 16/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin In European Equity Markets Spanish stocks lagged behind a broadly flat European market on Monday as the Catalonia crisis and a profit warning from renewables energy firm Siemens Gamesa weighed. Spain’s country index IBEX fell 0.7 percent while the pan-European STOXX 600 benchmark added a symbolic 0.01 percent. Spanish banks Caixa, Sabadell and BBVA took some of… View Article

European Open Market Briefing – 16/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose to a fresh 21-year high on Monday morning as the dollar stayed steady against the yen, while index-heavyweight SoftBank rose on news that T-Mobile and Sprint plan to merge. The Nikkei climbed 0.6 percent to 21,284.40 in midmorning trade, and touched 21,347.07, the highest level since late 1996. MSCI’s… View Article

Morning Update – 16/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin Morning all.. Wall St had yet another close in the green, albeit small with the S&P closing up 0.09% but we never seem to see any losses of any note these days. The discussion was on whether the data Friday was hurricane impacted or not so confusion reigned. In Asia however we saw more Nikkei… View Article

European Close Market Briefing – 13/10/2017 – by Arjun Lakhanpal

October 16, 2017 by savi-admin In European Equity Markets stocks hit their highest in nearly four months on Friday, helped by gains in Bayer after the German drugmaker sold assets that will pave the way for its acquisition of Monsanto. The pan-European STOXX 600 ended the session up 0.4 percent, also underpinned by strength among steel-exposed materials stocks, with ArcelorMittal jumping 7.4 percent. Germany’s DAX hit… View Article

European Open Market Briefing – 13/10/2017 – by Arjun Lakhanpal

October 13, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average edged up and hit a fresh a 21-year high on Friday helped by index heavyweight Fast Retailing, while selling of Kobe Steel continued as worries from its data fabrication scandal extended overseas. The Nikkei opened flat, traversing positive and negative territory, and then rose 0.3 percent to 21,013.38… View Article

Morning Update – 13/10/2017 – by Arjun Lakhanpal

October 13, 2017 by savi-admin Morning all.. Wall St closed marginally lower as many wait for today’s important retail sales and inflation data but the Nikkei had a strong session closing up over 1% even with weaker US stocks and USDJPY spending most of the session at recent lows at 112.00. Stocks across Asia showed solid gains as Chinese data impressed… View Article