European Open Market Briefing – 17/01/2018 – by Arjun Lakhanpal

January 17, 2018 In Asian Equity Markets Japan’s Nikkei share average lost ground on Wednesday as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks fell after the cryptocurrency’s value slid on worries about tighter regulations. The Nikkei fell 0.5 percent to 23,823.95. The mining, oil and shipping sectors under-performed, losing their recent strength. Inpex Corp slipped 2.2 percent, Showa… View Article

Morning Update – 17/01/2018 – by Arjun Lakhanpal

January 17, 2018 Morning all.. Wall St closed down for a change after a very strong start with the S&P finishing down 0.35% after fears over the debt ceiling resurfaced but later in the day there was talk of a deal. The Nikkei closed lower, finishing down 0.35% even though USDJPY had a mid session bounce. FX markets… View Article

European Close Market Briefing – 16/01/2018 – by Arjun Lakhanpal

January 16, 2018 In European Equity Markets stocks gave up early gains by Tuesday’s close, as a downturn in commodities weighed on sentiment, despite positive trading from markets overseas. The pan-European STOXX 600 ended trade slightly higher, up 0.13 percent, off its session highs. The U.K.’s FTSE 100 fell 0.17 percent, while the Germany’s DAX rose 0.35 percent. Rio Tinto slipped 3 percent after HSBC downgraded its stock recommendation to a… View Article

European Open Market Briefing – 16/01/2018 – by Arjun Lakhanpal

January 16, 2018 In Asian Equity Markets Japan’s Nikkei share average rose to its highest level since late 1991 on Tuesday, as a firmer dollar supported exporter stocks and expectations for strong corporate earnings bolstered investor sentiment. The Nikkei ended 1 percent higher at 23,951.81 after reaching an intraday peak of 23,962.07, its highest since November 1991. Exporters were lifted as… View Article

Morning Update – 16/01/2018 – by Arjun Lakhanpal

January 16, 2018 Morning all.. Wall St was closed yesterday so gave little guidance for Asian markets but Asian markets had a decent session with Nikkei up 1% and HK up 1.3%. The yen declined amid concern Japanese authorities may want to limit gains that pushed the currency to a four-month high after some BoJ comments but the… View Article

European Close Market Briefing – 15/01/2018 – by Arjun Lakhanpal

January 16, 2018 In European Equity Markets the pan-European STOXX 600 came off its lows, to finish flat Monday session while major sectors were pointing in different directions by the market close. The U.K.’s FTSE 100 slipped 0.12 percent, while France’s CAC 40 fell 0.13 percent and Germany’s DAX ended down 0.34 percent. In peripheral markets, Italy’s FTSE MIB rose 0.49 percent. Utilities was the second top-performing sector. Endesa was a… View Article

European Open Market Briefing – 15/01/2018 – by Arjun Lakhanpal

January 15, 2018 In Asian Equity Markets Japan’s Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar’s weakening against the yen capped gains. The Nikkei ended 0.26 percent higher at 23,714.88 for its first session of gains in four days. Index heavyweight SoftBank Group Corp rose as much as 5.8 percent after the Nikkei… View Article