Morning Update – 22/08/2017 – by Arjun Lakhanpal

August 22, 2017 by savi-admin Morning all.. Wall ST had a mixed session but closed almost at unchanged on the day as some calm returned to markets. The Nikkei was lower, closing down marginally but ignoring a brief rally in USDJPY.. Most currencies were extremely quiet overnight with the exception to JPY weakening 0.3% against the USD; FX vols were… View Article

European Close Market Briefing – 21/08/2017 – by Arjun Lakhanpal

August 21, 2017 by savi-admin In European Equity Markets stocks fell further on Monday as geopolitical jitters trickled over from Asia, though gains in carmaker Fiat Chrysler and Danish shipping firm Maersk helped limit losses. The pan-European STOXX 600 fell 0.5 percent, with euro zone blue-chips down 0.5 to 0.7 percent. The risk-off move in Europe hit banks the hardest, down 0.9 percent… View Article

European Open Market Briefing – 21/08/2017 – by Arjun Lakhanpal

August 21, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell to a fresh 3-1/2-month low on Monday as global investors remained cautious amid worries over whether the Trump administration will be able to implement growth boosting measures. The Nikkei fell 0.3 percent to 19,406.40 points by midmorning trade, after opening slightly higher. The broader Topix lost 0.2 percent to… View Article

Morning Update – 21/08/2017 – by Arjun Lakhanpal

August 21, 2017 by savi-admin Morning all.. Wall St had a disappointing close after and earlier rally as it was announced Bannon would be leaving the US administration and stocks fell into the weekend close. The S&P down 0.18% and the Dow down 0.35%. The Nikkei also slipped to a close down 0.3%, as investors monitored war drills scheduled for… View Article

AUD/USD Update – 18/08/2017 (11:20am) – by Arjun Lakhanpal

August 18, 2017 by savi-admin AUD/USD Update – 18/08/2017 (11:20am): AUD staged a solid comeback so far this Friday and jumped beyond 0.79 handle, having reversed a temporary slide witnessed a day before. The recovery in AUD/USD gained extra legs, after a risk-off induced rally in the safe-haven gold bolstered the sentiment around the resource-linked AUD, while higher copper and oil… View Article

Morning Update – 18/08/2017 – by Arjun Lakhanpal

August 18, 2017 by savi-admin Morning all.. Wall St took a hit last night and the usual rally into the close didn’t happen with the S&P closing down over 1.5% (its second-biggest drop for 2017) and the NASDAQ nearly 2%. This nervousness spilled into Asia with the Nikkei closing down 1.2%and HK down 0.54% while Australian bonds rose with the… View Article