GBP/USD Update – 31/07/2017 (11:27am) – by Arjun Lakhanpal

July 31, 2017 by savi-admin GBP/USD Update – 31/07/2017 (11:27am): with the FoMC and broader USD moves the focus last week, GBP stage out of the headlines despite playing catch up in the broader USD sell off as GBPUSD finished the week up towards YTD highs.  This week will be a different story with a very much anticipated BoE and QIR… View Article

European Open Market Briefing – 31/07/2017 – by Arjun Lakhanpal

July 31, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index was little changed on Monday, as gains in steelmakers and other companies with upbeat earnings were offset by wariness about the yen’s creeping rise to a 1-1/2-month high against the dollar. The Nikkei stood at 19,946.32, down 0.1 percent. MSCI’s broadest index of Asia-Pacific stocks outside Japan reversed early losses… View Article

Morning Update – 31/07/2017 – by Arjun Lakhanpal

July 31, 2017 by savi-admin Morning all.. Wall St was looking rather shakey on Friday, especially tech stocks but yet again a late rally saved the day with the S&P down 0.13% and NASDAQ down just 0.12% by the close. Asia had a quiet session with a late rally seeing the Nikkei close unchanged. To start off the week most… View Article

European Close Market Briefing – 21/07/2017 – by Arjun Lakhanpal

July 21, 2017 by savi-admin In European Equity Markets stocks declined to the lowest level in 10 days as concern about potential antitrust collusion sent carmakers toward the worst decline in more than a year. Also a strong euro weighed as well.  The Stoxx Europe 600 Index slid 1 percent at the close, as a strong euro also weighed on exporters. Carmakers fell… View Article

European Open Market Briefing – 21/07/2017 – by Arjun Lakhanpal

July 21, 2017 by savi-admin In Asian Equity Markets  Japan’s Nikkei index edged down on Friday morning as investors took in the European Central Bank’s policy talk, while individual companies such as Yaskawa Electric rose on strong profit forecasts. The Nikkei lost 0.3 percent to 20,094.31 in midmorning trade. For the week, the benchmark index is on track to fall 0.1… View Article

Morning Update – 21/07/2017 – by Arjun Lakhanpal

July 21, 2017 by savi-admin Morning all.. Wall St had another mixed session with the S&P closing marginally lower and the NASDAQ slightly firmer after talk of investigations into Trump businesses. Reports announced Robert Mueller had expanded his probe into transactions involving the presidents business; This sent the dollar down and it stayed down; the USD is now trading at… View Article

European Close Market Briefing – 20/07/2017 – by Arjun Lakhanpal

July 20, 2017 by savi-admin In European Equity Markets stocks fell on Thursday as a jump in the bloc’s currency following the European Central Bank’s policy meeting weighed on exporters, while disappointing updates prompted big moves on individual stocks. The pan-European STOXX 600 ended 0.4 percent lower in a choppy session. Europe’s basic resources sector was the biggest faller, down 1.9 percent,… View Article