Morning Update – 21/02/2017 – by Arjun Lakhanpal

February 21, 2017 by savi-admin Morning all.. Wall St was closed yesterday but Asia has taken stocks higher with the Nikkei closing up 0.68% on the back of stronger data and a rising USDJPY. Japan Feb prelim Mfg PMI came in at an impressive 53.5 vs 52.7 prev; highest level in 35 months, above 50-threshold for 6th consecutive month and… View Article

Afternoon Market Update – 20/02/2017 – by Jazz Singh

February 20, 2017 by savi-admin With the US celebrating President’s Day we expect a particularly quiet afternoon session today. We’ve had some strong moves this morning however, with pound sterling trading higher against its G10 peers. Cable’s intraday high is just above the $1.2480 level, a gain of some 70 pips for the session. The South African rand continues to… View Article

Morning Update – 20/02/2017 – by Arjun Lakhanpal

February 20, 2017 by savi-admin Morning all.. Wall St had a quiet session in front of the holiday today with the S&P closing up 0.17% in a very subdued day. Asia was also quiet with the Nikkei finishing more or less unchanged. USD was trapped in tight ranges but USDJPY a tad firmer as the Nikkei held up. Having made… View Article

Morning Update – 17/02/2017 – by Arjun Lakhanpal

February 17, 2017 by savi-admin Morning all.. Wall St had a very quiet session in the absence of any data with S&P more or less unchanged at the close but the dollar fell again across the board. In Asia all markets were lower with the Nikkei down 0.58% and again the dollar failed to make any significant gains but USDJPY… View Article

Afternoon Market Update – 16/02/2017 – by Jazz Singh

February 16, 2017 by savi-admin A risk off tone has dominated the markets this morning as stocks decline across the board while haven assets push higher. The yen has been the best performer amongst its major counterparts, gaining some 0.5 percent. Elsewhere we see the greenback extending yesterday’s sell off; the dollar index trades below the $101.00 level for now…. View Article