GBP/USD Update – 22/05/2017 (10:24am) – by Arjun Lakhanpal

May 22, 2017 by savi-admin GBP/USD UPDATE – 22/05/2017 (10:24am): GBP has started the week with an offered tone, with GBPUSD back below 1.3000 as London walk in due to this tightening in the election. Data is light this week with the first print of Q1 GDP released on Thursday. Overnight saw House Price data come in at +1.2% MoM… View Article

European Open Market Briefing – 22/05/2017 – by A Lakhanpal

May 22, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Monday morning following gains in U.S. shares, but the dollar’s weakness and U.S. political turmoil kept investors nervous and limited gains in the market. The Nikkei rose 0.3 percent to 19,653.32 in midmorning trade. The broader Topix added 0.4 percent to 1,565.76 and the JPX-Nikkei Index 400 advanced… View Article

Morning Update – 22/05/2017 – by Arjun Lakhanpal

May 22, 2017 by savi-admin Morning all.. Wall ST had a very positive close on Friday and calmed nerves after a wobble earlier in the week. The S&P closing up 0.68% on the day and is up 1.4% on the month still. It was a similar story in Asia with the Nikkei rising 0.44% helped by a solid bounce in… View Article

European Close Market Briefing – 19/05/2017 – by Arjun Lakhanpal

May 21, 2017 by savi-admin In European Equity Markets stocks finished Friday’s session higher, modestly recovering from a selloff spurred by U.S. political drama that dragged major regional benchmarks into the red for the week. The Stoxx Europe 600 index  rose 0.6 percent to close at 391.51. Germany’s DAX 30 rose 0.4 percent to end at 12,638.69, and France’s CAC 40 picked up 0.7 percent… View Article

European Open Market Briefing – 19/05/2017 – by A Lakhanpal

May 19, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell on Friday with investors unsettled by White House turmoil, although Takata Corp shares rose after four carmakers settled claims over the company’s airbag inflators. The Nikkei was down 0.25 percent at 19,507.52. The broader Topix fell 0.15 percent to 1,552.87 and the JPX-Nikkei Index 400 was down 0.1 percent… View Article

Morning Update – 19/05/2017 – by Arjun Lakhanpal

May 19, 2017 by savi-admin Morning all.. Wall St bounced with the S&P closing up 0.37% as Comey suggested he was told to drop an investigation into Russian contacts with Trump but markets remain nervous into his testimony next week. In Asia the Nikkei was up 0.37% on the back of the bounce on Wall St and USDJPY but again… View Article

European Close Market Briefing – 18/05/2017 – by Arjun Lakhanpal

May 18, 2017 by savi-admin In European Equity Markets stocks fell to two-week lows on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region’s outperformance against global peers intact. The pan-European STOXX 600 index was down 0.9 percent, while Germany’s DAX retreated 0.8 percent and Britain’s FTSE 100 fell 1.3 percent, extending Wednesday’s… View Article