Morning Update – 18/07/2017 – by Arjun Lakhanpal

July 18, 2017 by savi-admin Morning all.. Wall St had a quiet session with S&P closing flat on the day but the dollar remains weak. The markets are digesting the failure yet again of Trump to get a healthcare bill repeal.. Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill… View Article

European Close Market Briefing – 17/07/2017 – by Arjun Lakhanpal

July 18, 2017 by savi-admin In European Equity Markets stocks gave back early gains in thin volumes on Monday, as a busy few weeks of earnings reports from top regional and U.S. firms got underway. The pan-European STOXX 600 index steadied at the close after touching a three-week high, while blue chips turned negative to trade 0.3 percent lower. British engineer Weir… View Article

European Open Market Briefing – 17/07/2017 – by Arjun Lakhanpal

July 17, 2017 by savi-admin In Asian Equity Markets stocks set a fresh two-year high on Monday, boosted by stronger-than-expected economic growth in China and bets that lacklustre U.S. data will keep the Federal Reserve cautious about the pace of further policy tightening.  MSCI’s broadest index of Asia-Pacific stocks outside Japan extended earlier gains to climb 0.4 percent after the buoyant China… View Article

Morning Update – 17/07/2017 – by Arjun Lakhanpal

July 17, 2017 by savi-admin Morning all.. US stocks closed higher even after some poor US data Friday but Asia was mixed with Nikkei closed for a holiday in Japan. China data was strong but stocks a tad soft. China was the star of the show in EM after Q2 GDP grew by 6.9%, beating the market consensus of 6.8%… View Article

European Close Market Briefing – 14/07/2017 – by Arjun Lakhanpal

July 16, 2017 by savi-admin In European Equity Markets stocks had their strongest week in more than two months as investors piled back into equities on signs that the world’s major central banks would likely not tighten monetary policy as quickly as some had feared. The pan-European STOXX 600 index inched up 0.1 percent while euro zone bluechips fell 0.2 percent.  Euro zone banks… View Article

USD/CHF Update – 14/07/2017 (13:07am) – by Arjun Lakhanpal

July 14, 2017 by savi-admin USD/CHF Update – 14/07/2017 (13:07am): USD/CHF near term outlook stays positive – it is bouncing from its 200 week ma. The market continues to rebound from key support at .9557/44 (the 200 week ma and 2016 low), initial support is .9600 (this has held 3 times recently). It has also now cleared the resistance offered… View Article

European Open Market Briefing – 14/07/2017 – by Arjun Lakhanpal

July 14, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up on Friday and remained on track for a robust weekly gain, though investors grew cautious ahead of a long holiday weekend. The Nikkei index was up 0.2 percent at 20,144.82 at the end of morning trade. It was up 1.1 percent for the week. The broader Topix added… View Article

Morning Update – 14/07/2017 – by Arjun Lakhanpal

July 14, 2017 by savi-admin Morning all.. Wall St had a quiet session with the S&P closing up 0.19% and the NASDAQ up 0.21%. Markets were quiet in Asia as well as most now wait for major data from the US later and the Nikkei closed up 0.1(% whilst HK fell marginally. Shares in Japan, Australia and South Korea advanced… View Article