Morning Update – 10/11/2017 – by Arjun Lakhanpal

November 10, 2017 by savi-admin Morning all.. Stocks had a wobble as it seems the tax reform plans in the US may be delayed but after all the noise settled the S&P only closed down 0.38%. But the likes of USDJPY remained weak and this weighed on the Nikkei which closed down 0.82%. The MSCI Asia Pacific Index fell for… View Article

European Close Market Briefing – 09/11/2017 – by Arjun Lakhanpal

November 9, 2017 by savi-admin In European Equity Markets stocks closed in negative territory on Thursday, as a flurry of corporate earnings for the third quarter triggered sharp price  moves,  many negative,  across some sectors and bourses.   Vestas the world’s largest maker of wind turbines was the worst performer of the STOXX 600, falling over 17 percent as it lowered its 2017 profit margin… View Article

European Open Market Briefing – 09/11/2017 – by Arjun Lakhanpal

November 9, 2017 by savi-admin In Asian Equity Markets Japan’s Topix index rose to a 26-year high on Thursday, while the Nikkei share average broke the 23,000 level for the first time since January 1992 as financial and securities shares rallied. The Topix was up 1.4 percent at 1,843.31 at the end of morning trade, after earlier rising as high as… View Article

Morning Update – 09/11/2017 – by Arjun Lakhanpal

November 9, 2017 by savi-admin Morning all.. Wall st recovered after a weak start to close marginally higher again with the S&P gaining 0.14%. It was a quiet session for stocks but a choppy and mixed session for the dollar with GBP and USDJPY weakness through the day.. USDJPY rallied into the NY close but was soft again through Asia… View Article

European Close Market Briefing – 08/11/2017 – by Arjun Lakhanpal

November 8, 2017 by savi-admin In European Equity Markets financial stocks weighed on European indexes on Wednesday amid doubts over U.S. tax reform plans and the “Trumpflation” trade and concerns over some European lenders’ earnings and over non-performing loans in Italy. The pan-European STOXX 600 fell 0.1 percent as the indexes of financial services and banks fell 0.4 percent and 0.2 percent… View Article

European Open Market Briefing – 08/11/2017 – by Arjun Lakhanpal

November 8, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell on Wednesday morning from the previous session’s near 26-year high as investors took their profits, dragging on financial and mining stocks. The Nikkei lost 0.3 percent to 22,872.59 in mid-morning trade after touching as high as 22,953.18 on Tuesday, its highest level since January 1992. The broader Topix declined… View Article

Morning Update – 08/11/2017 – by Arjun Lakhanpal

November 8, 2017 by savi-admin Morning all.. Another quiet session on Wall St where stocks closed around unchanged with the Nasdaq a few points lower. In Asia the Nikkei recovered into the close to finish up around unchanged and HK and China were a little lower. The dollar came under pressure after advancing against G10 peers amid concern about the… View Article

European Close Market Briefing – 07/11/2017 – by Arjun Lakhanpal

November 8, 2017 by savi-admin In European Equity Markets stocks pulled back from two-year highs on Tuesday as heavyweight defensive sectors fell and some earnings reports disappointed, though oil stocks were a bright spot.  The pan-European STOXX 600 index reversed earlier gains to end the session 0.5 percent lower, after trading at its highest level since August 2015 over the past few days…. View Article