European Opening Session – 19/04/2017 – by Arjun Lakhanpal

April 19, 2017 by savi-admin In Asian Equity Markets Japanese stocks edged down in choppy trade on Wednesday morning as geopolitical tensions soured investor sentiment, while regional banking stocks underperformed as Japanese government bond yields fell to five-month lows. The Nikkei 225 index lost 0.2 percent to 18,380.81 in midmorning trade, after briefly flirting in positive territory earlier. The MSCI’s broadest… View Article

Morning Update – 19/04/2017 – by Arjun Lakhanpal

April 19, 2017 by savi-admin Morning all.. Wall St had a wobble as geo-political tensions remain elevated and some poor earnings from GS. However the Nikkei managed to cling on to minor gains finishing up 0.1% in a quiet session. USDJPY holding above the US lows helping. USDJPY had a rather tight range along with most FX pairs with a… View Article

GBP/USD Update – 18/04/2017 (13:33) – by Jaz Singh

April 18, 2017 by savi-admin GBP/USD Update – 18/04/2017 (13:33): With the unexpected announcement of a British general election in 7 weeks we’ve seen pound sterling rally strongly against its counterparts. However, the stronger risk/reward trade in the medium to long term remains a sterling sell as the likelihood of Brexit being reversed is negligible, regardless of the election result…. View Article

EUR/USD Update – 18/04/2017 (12:07pm) – by Arjun Lakhanpal

April 18, 2017 by savi-admin EUR/USD Update – 18/04/2017 (12:07pm): The EUR/USD pair continued with its range-bound price-action within 100-pips broader trading range and was confined in a narrow band above 100-day SMA on Tuesday. Technically, the pair maintains its neutral bias and hence any further up-move is likely to face strong supply near 1.0675-80 region and the 1.0700 handle,… View Article

USD/YEN Update – 18/04/2017 (10:42am) – by Arjun Lakhanpal

April 18, 2017 by savi-admin USD/YEN Update – 18/04/2017 ( 10:42am): Geopolitical risks remain the broader driver of USDJPY. With China and Russia attempting to defuse rising tensions between the US and North Korea over the weekend and no immediate war, pressure has alleviated a little and having traded a low of 108.14 driven also by a miss in US… View Article

Morning Update – 18/04/2017 – by Arjun Lakhanpal

April 18, 2017 by savi-admin Morning all.. Wall St had a decent close as geo-political tensions eased slightly with the S&P closing up 0.86% yesterday. The Nikkei closed up 0.35% in a quiet session. USD stronger across the G10 FX board following commentary from US Treasury Sec Mnuchin late in the day where he talked up the USD after Trump’s… View Article

European Opening Session – 13/04/2017 – by Arjun Lakhanpal

April 13, 2017 by savi-admin In Asian Equity Markets Japanese stocks posted fresh four-month lows on Thursday morning as the yen spiked against the dollar after U.S. President Donald Trump said the U.S currency was too strong, hitting automakers and tech shares hard. The Nikkei 225 index fell 1.0 percent to 18,360.08 in midmorning trade, hitting as low as 18,304.72 earlier,… View Article

Morning Update – 13/04/2017 – by Arjun Lakhanpal

April 13, 2017 by savi-admin Morning all…Wall St closed down after Trump talked the dollar down, taking yields lower and and amidst another rise in geo-political tensions; the S&P closed down 0.38% but had been lower. The weak USD took Asia stocks lower and the Nikkei closed down 0.68% as USDJPY hit a low of 108.72. Since the lows were… View Article

American Round-Up – 12/04/2017 – by Arjun Lakhanpal

April 12, 2017 by savi-admin In European Equity Markets stocks inched up on Wednesday, steadying around 16 month highs, helped by gains in Syngenta and a rally in defence stocks on investor concerns about lingering geopolitical risks. The pan-European STOXX 600 index rose 0.2 percent but trading was choppy just a few days ahead a holiday break, while Germany’s DAX added… View Article

European Opening Session – 12/04/2017 – by Arjun Lakhanpal

April 12, 2017 by savi-admin In Asian Equity Markets Japanese stocks fell to their lowest in more than four months on Wednesday as rising geopolitical tensions dragged all sectors into negative territory, with exporters hit especially hard as the safe haven yen spiked to a five-month high. The Nikkei 225 index lost 1.3 percent to 18,506.17 in midmorning trade after falling… View Article