Morning Update – 04/06/2018 – by Arjun Lakhanpal

June 4, 2018 Morning all.. Wall St saw the US jobs data as “Goldilocks” as strong jobs but still no sign of wage strength sent stocks higher. The S&P closing up 1.08%..This spilled over to Asia with Nikkei closing up 1.46% as USDJPY held gains. EURJPY was also higher as fears over Italian politics waned. While the MSCI… View Article

Morning Update – 01/06/2018 – by Arjun Lakhanpal

June 1, 2018 Morning all.. Wall St had a lot to deal with yesterday and the S&P finally closed down 0.69% as Trump announced tariffs on close allies. The Nikkei managed to close marginally in the green after the BoJ tapered QE purchases further and strangely the JPY weakened with USDJPY rising to 109.26 last night. This might… View Article

Morning Update – 31/05/2018 – by Arjun Lakhanpal

May 31, 2018 Morning all.. Wall St recovered yesterday with the S&P closing up 1.27% as some calm returned to Italian bond markets. This theme was passed to Asia with the Nikkei closing up 0.93%. The MSCI Asia Pacific Index of stocks bounced after touching its lowest level since February Wednesday amid heightened fears Italy could leave the… View Article

Morning Update – 30/05/2018 – by Arjun Lakhanpal

May 30, 2018 Morning all.. Wall St had a wobble but rallied into the close with the S&P closing down 1.16%. Asian equities slid Wednesday as concerns about the repercussions of Italy’s political turmoil and the renewal of trade tensions between the U.S. and China gripped financial markets. The yen edged higher, while Treasury yields recovered after plunging… View Article

Morning Update – 29/05/2018 – by Arjun Lakhanpal

May 29, 2018 Morning all.. Wall St was closed yesterday but Asian stocks had a rather weak session as issues in Italian politics created risk aversion with USDJPY dropping through 109.00. Ten-year Treasury yields fell, taking the dollar down against the yen, after Italy’s political impasse triggered a risk-off mood in holiday-hit markets. Oil prices retreated further, sending… View Article