European Open Market Briefing – 08/01/2018 – by Arjun Lakhanpal

January 8, 2018 In Asian Equity Markets indices were around all-time highs on Monday after Friday global market gains. Thailand shares rose as much as 0.7 percent to hit a record high, and were on track for a fifth session of gains. Financials and industrial stocks gained. Singapore climbed to its highest in nearly 32 months, driven by financial and industrial… View Article

Morning Update – 08/01/2018 – by Arjun Lakhanpal

January 8, 2018 Morning all… Wll St closed higher yet again on Friday after rather weak NFP data but earnings came in as expected.. The S&P closed up 0.7% and the Dow and NASDAQ followed. Tokyo was closed for a holiday but other Asian stocks rose in a quiet session. With risk assets enjoying a strong start to 2018,… View Article

European Close Market Briefing – 05/01/2018 – by Arjun Lakhanpal

January 5, 2018 In European Equity Markets stocks closed higher on Friday, as investors monitored euro zone inflation data and U.S. nonfarm payrolls. The pan-European Stoxx 600 closed up 0.8 percent, extending gains from the previous session with almost all sectors and major country indices in positive territory. Gains in financials pushed Britain’s FTSE 100 to another record high on Friday, while Switzerland’s… View Article

USD/YEN Update – 05/01/2018 (10:15am) – by Arjun Lakhanpal

January 5, 2018 USD/YEN Update – 05/01/2018 (10:15am): USDJPY holding gains as stocks and US yields hold gains in a risk positive session.. Immediate resistance is pegged near 113.35-40 area, above which the pair is likely to aim towards testing 113.75 level (Dec. high) en-route the 114.00 handle.

EUR/GBP Update – 05/01/2018 (9:00am) – by Arjun Lakhanpal

January 5, 2018 EUR/GBP Update – 05/01/2018 (9:00am): EUR/GBP has recently eroded the six month resistance line but so far stalled at Fibonacci resistance at .8925. We will assume an upside bias above the 200 day ma at .8819 for now and allow for a move to the .9034 October high. This remains the barrier to the 0.9071/0.9175 61.8%… View Article

EUR/YEN Update – 05/01/2018 (8:30am) – by Arjun Lakhanpal

January 5, 2018 EUR/YEN Update – 05/01/2018 (8:30am): On the charts it looks constructive still as it broke some decent resistance.. It has eroded major resistance offered by 134.50/58 – this is the high from November 2015 and also a double Fibonacci retracement. This area was key short to medium term. The close above here introduces scope for a… View Article

EUR/USD Update – 05/01/2018 (8:15am) – by Arjun Lakhanpal

January 5, 2018 EUR/USD Update – 05/01/2018 (8:15am): On the charts we see that EUR/USD remains below the 1.2092 September high. We would allow for it possibly to hold the initial test but the risk is that we will see a break above here shortly as there is little to suggest reversal. Above 1.2092 will target initially the 1.2168… View Article

European Open Market Briefing – 05/01/2018 – by Arjun Lakhanpal

January 5, 2018 In Asian Equity Markets Japan’s Nikkei index extended the previous session’s gains on Friday, probing 26-year highs as banking and brokerage shares rose, while Toshiba shares firmed on news of a buyer for its Westinghouse Electric unit. The Nikkei was up 0.2 percent at 23,547.78 at the end of morning trading. MSCI’s broadest index of Asia-Pacific stocks outside… View Article

Morning Update – 05/01/2018 – by Arjun Lakhanpal

January 5, 2018 Morning all..Wall St closed up another 0.4% and Asia is on a surge with the Nikkei closing up another 0.9% after a 2% rally yesterday.. Asian stocks are on the cusp of their best week in almost six months as investors around the world pile into equities at the start of 2018 amid robust economic… View Article