European Opening Session – 17/03/2017 – by Arjun Lakhanpal

March 17, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell on Friday as the yen held steady against the dollar after the U.S. Federal Reserve signalled fewer interest rate hikes than some investors had expected. The Nikkei shed 0.4 percent to 19,521.59. For the week, the benchmark index lost 0.4 percent, before Japan’s three-day weekend. MSCI’s broadest index of… View Article

Morning Update – 17/03/2017 – by Arjun Lakhanpal

March 17, 2017 by savi-admin Morning all.. Wall St closed a little lower with the S&P down 0.16% in a quiet session and the USD seemed to lag the bounce in US yields again. In Asia we saw the Nikkei down 0.35% as USDJPY failed to rally far from 113.00. EUR held up strongly as well as ECB’s Nowotny (Handelsblatt)… View Article

American Round-Up – 16/03/2017 – by Arjun Lakhanpal

March 16, 2017 by savi-admin In European Equity Markets stocks hit their highest level in 15 months on Thursday after the Fed signalled no pick-up in the pace of monetary tightening and centre-right Prime Minister Mark Rutte won elections in the Netherlands. The pan-European STOXX 600 index ended up 0.7 percent at 377.73, after touching 377.76, its highest level since December… View Article

European Opening Session – 16/03/2017 – by Arjun Lakhanpal

March 16, 2017 by savi-admin In Asian Equity Markets Japanese stocks declined on Thursday, hurt by the dollar’s fall against the yen as the U.S. Federal Reserve signalled fewer future rate hikes than many expected and by Fast Retailing Co’s tumble on a media report. The Nikkei shed 0.1 percent to 19,557.35 in midmorning trade. MSCI’s broadest index of Asia-Pacific shares outside… View Article

Morning Update – 16/03/2017 – by Arjun Lakhanpal

March 16, 2017 by savi-admin Morning all.. Wall St closed up a solid 0.85% after the Fed showed no sign of any hurry to raise rates and looks like they are sticking to the Dots. However there was little follow up from the Nikkei which closed more or less unchanged due to the fall in USDJPY overnight. The Fed hiked… View Article

American Round-Up – 15/03/2017 – by Arjun Lakhanpal

March 16, 2017 by savi-admin In European Equity Markets stocks achieved their highest closing level in two weeks on Wednesday, boosted by basic resource and oil stocks, while French aeroplane seat-maker Zodiac fell after its latest profit warning. The pan-European STOXX 600 index was up 0.4 percent at its close. Zodiac was the biggest European faller, after it warned on profit… View Article

European Opening Session – 15/03/2017 – by Arjun Lakhanpal

March 15, 2017 by savi-admin In Asian Equity Markets stocks fell on Wednesday as investors took profits before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an immediate rate hike fully priced in by markets.  The MSCI’s broadest index of Asia-Pacific stocks outside Japan was down 0.3 percent… View Article

Morning Update – 15/03/2017 – by Arjun Lakhanpal

March 15, 2017 by savi-admin Morning all.. We are in countdown to the Fed hike which is fully priced and expected tonight and in the meantime markets are treading water. Wall St closed down 0.34% as some took profits but it was a quiet affair. The Nikkei also drifted lower in a quiet session closing down 0.16% as USDJPY remained… View Article

American Round-Up – 14/03/2017 – by Arjun Lakhanpal

March 14, 2017 by savi-admin In European Equity Markets stocks fell on Tuesday on uncertainty ahead of elections in the Netherlands and a U.S. interest rate decision later in the week. After four days of gains, the pan-European STOXX 600 index eased 0.2 percent, weighed down by banks, energy stocks and basic resources. Deal-making speculation was the main driver behind stock moves,… View Article

European Opening Session – 14/03/2017 – by Arjun Lakhanpal

March 14, 2017 by savi-admin In Asian Equity Markets stocks were mixed on Tuesday with data out of China supporting Shanghai and Tokyo lower after more troubles with Toshiba. In Japan, the fell 0.15 percent as Toshiba plunged 6.1 percent after the company announced it would postpone earnings filings again due to the need for more time with auditors to review its… View Article