American Round-Up – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In European Equity Markets  shares rose on Wednesday, with results-driven gains from German sportswear company Adidas and British security company G4S partly offset by losses from EDF and Boskalis. The pan-European STOXX 600 index rose 0.1 percent, ending four straight days of losses. UK’s FTSE closed 0.1 percent lower after Britain’s budget statement delivered few surprises. Adidas… View Article

European Opening Session – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In Asian Equity Markets stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. interest rate hike next week.  China’s imports in February grew 44.7 percent from a year earlier on a yuan-denominated… View Article

Morning Update – 08/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin Morning all.. Wall St closed lower again but no real signs of panic selling with the S&P down just 0.29% at the close. Asia also had a quiet session with the Nikkei also closing lower; down 0.47% aided by a weaker USDJPY. FX markets again trapped in tight ranges but further weakness in NZD against the… View Article

American Round-Up – 07/03/2017 – by Arjun Lakhanpal

March 8, 2017 by savi-admin In European Equity Markets stocks fell on Tuesday as stocks in big international drugmakers were hit after U.S. President Donald Trump tweeted about lowering drug prices. The STOXX 600 fell 0.3 percent, setting its fourth straight session of losses. The region’s healthcare index was the top drag to the STOXX, down 1 percent, after Trump said he was… View Article

European Opening Session – 07/03/2017 – by Arjun Lakhanpal

March 7, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged down on Tuesday, following Wall Street’s lead, with investors deterred by geopolitical tensions after the North Korean missile tests, while buying continued to fuel in into small cap stocks. The Nikkei fell 0.2 percent to 19,344.15. The broader Topix was flat at 1,555.04 and the JPX-Nikkei Index 400… View Article

Morning Update – 07/03/2017 – by Arjun Lakhanpal

March 7, 2017 by savi-admin Morning all.. Wall St closed down 0.33% in a very quiet session for all assets. Ranges in FX were very tight and remained so in Asia. We saw the Nikkei close down 0.18% but again very quiet and no news. EUR remains a little soft as risks still remain with the Dutch Election this month….. View Article

American Round Up – 06/03/2017 – by Arjun Lakhanpal

March 7, 2017 by savi-admin In European Equity Markets stocks closed lower on Monday, with the banking sector under pressure as German lender Deutsche Bank AG shares slid on its plans for a share sale. The Stoxx Europe 600 lost 0.5 percent to end at 373.27. Deutsche Bank lost 7.9 percent after the bank said it is planning an 8 billion euro share sale in… View Article

European Opening Session – 06/03/2017 – by Arjun Lakhanpal

March 6, 2017 by savi-admin In Asian Equity Markets  Japanese stocks fell on Monday as the yen firmed and as global geopolitical tensions rose after North Korea fired four missiles, three of which landed in Japan’s exclusive economic zone. The Nikkei index fell 0.5 percent to 19,385.71 points by mid-morning. The broader Topix shed 0.3 percent to 1,553.77 and the JPX-Nikkei… View Article

Morning Update – 06/03/2017 – by Arjun Lakhanpal

March 6, 2017 by savi-admin Morning all.. Wall St closed more or less unchanged after it appeared Yellen is getting behind a hike in March but the USD fell as many had been long dollars into her speech as the Fed’s thinking was clearly signalled by other Fed officials. It was a buy the rumour, sell the fact scenario and… View Article

Morning Update – 02/03/2017 – by Arjun Lakhanpal

March 2, 2017 by savi-admin Morning all.. Wall St soared and closed up nearly 1.5% as investors believe the growth story coming from the global economy and Trump promising spending. Asia stocks took up the baton with Nikkei closing up 0.88% based on a decent rally on Wall St and the rise in USDJPY. USDJPY made a high of 114.21,… View Article