European Open Market Briefing – 31/01/2018 – by Arjun Lakhanpal

January 31, 2018 In Asian Equity Markets indexes reversed early losses to edge higher on Wednesday, shrugging off the declines seen on Wall Street overnight. The Nikkei 225 reversed early losses to climb 0.29 percent as losses in automakers were offset by gains seen in manufacturing and technology names. Among index heavyweights, Fanuc Manufacturing rose 0.96, Toyota slipped 0.77 percent and Fast… View Article

Morning Update – 31/01/2018 – by Arjun Lakhanpal

January 31, 2018 Morning all.. Wall St had a wobble last night in front of the State of the Union address from Trump with the S&P closing down 1.09% and the Dow down 1.37%. Asia stocks reacted to this as well with Nikkei down another 0.83% as USDJPY failed to hold above 109.00 again. HK and China were… View Article

European Close Market Briefing – 30/01/2018 – by Arjun Lakhanpal

January 30, 2018 In European Equity Markets shares fell back on Tuesday as global markets took a risk-averse turn, with cyclical sectors including mining and financials suffering the sharpest losses. Europe’s STOXX 600 ended down 0.9 percent, suffering its biggest one-day loss since early November. Basic resources stocks fell 1.6 percent, the biggest sectoral fallers as metals prices declined, dented by… View Article

European Open Market Briefing – 30/01/2018 – by Arjun Lakhanpal

January 30, 2018 In Asian Equity Markets Japan’s Nikkei share average fell to a one-month low on Tuesday, led by weakness in Apple suppliers, while mining shares under-performed on lower oil prices. The Nikkei ended 1.4 percent lower at 23,291.97, the lowest closing level since Dec. 29. Apple Inc suppliers lost ground after the iPhone maker’s shares fell 2.1 percent… View Article

Morning Update – 30/01/2018 – by Arjun Lakhanpal

January 30, 2018 Morning all… Wall St actually closed lower for a change as US yields continued to rise which tightens financial conditions. The S&P closed down 0.67%. In Asia we saw further weakness in the Nikkei as USDJPY seems unable to rally. The Nikkei closed down 1.43%and HK was down over 1%. Investors are getting worried by… View Article

European Close Market Briefing – 29/01/2018 – by Arjun Lakhanpal

January 30, 2018 In European Equity Markets the pan-European Stoxx 600 closed 0.19 percent lower with major bourses and most sectors in negative territory. Basic resources topped the few sectors that ended Monday’s trade in the green, up 1.26 percent. Dialog Semiconductor also closed near the top of the Stoxx 600, following news of a steep revenue increase from Austrain sensor maker AMS. Its… View Article

European Open Market Briefing – 29/01/2018 – by Arjun Lakhanpal

January 29, 2018 In Asian Equity Markets Japan’s Nikkei ended flat in choppy trade on Monday with gains in cyclicals such as memory chip makers offset by weakness in in shares sensitive to domestic demand, notably railroad and construction companies. The Nikkei share average ended flat at 23,629.34 after flirting in positive territory in early trade. Silicon products maker Shin-Etsu Chemical… View Article