European Close Market Briefing – 19/06/2017 – by Arjun Lakhanpal

June 19, 2017 by savi-admin In European Equity Markets French stocks outperformed upbeat European indices on Monday following a convincing parliamentary victory for President Emmanuel Macron, while banks rebounded following upgrades and retailers recovered from last week’s losses. France’s blue-chips gained nearly 1 percent after President Emmanuel Macron cemented an overwhelming parliamentary majority, further increasing his party’s capacity to push through… View Article

European Open Market Briefing – 19/06/2017 – by Arjun Lakhanpal

June 19, 2017 by savi-admin In Asian Equity Markets Japanese stocks rose on Monday, as the dollar’s steady performance against the yen fuelled buying in stock futures, while Nomura Real Estate dived after saying a stake purchase in the company by Japan Post was no longer being considered. The Nikkei was up 0.6 percent at 20,063.42 in mid-morning trade. MSCI’s broadest index… View Article

Morning Update – 19/06/2017 – by Arjun Lakhanpal

June 19, 2017 by savi-admin Morning all.. Wall St closed unchanged on Friday in a quiet session but Asia is higher this morning with the Nikkei up 0.55% but little economic news overnight. Stocks in Asia rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly sell-off since November. But even USDJPY was stuck… View Article

European Close Market Briefing – 16/06/2017 – by Arjun Lakhanpal

June 16, 2017 by savi-admin In European Equity Markets stocks finished higher on Friday, but shares of some supermarket chains were hit hard after Amazon.com Inc. unexpectedly said it’s scooping up Whole Foods Market Inc. in a nearly $14 billion deal. The Stoxx Europe 600 closed up 0.7 percent at 388.60 after two sessions of losses. Tesco PLC shares lost 4.9 percent in a volatile… View Article

European Open Market Briefing – 16/06/2017 – by Arjun Lakhanpal

June 16, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average rose to a one-week high on Friday as the yen fell, after an expected policy decision by the Bank of Japan provided relief to investors. The Nikkei rose 0.9 percent to as much as 20,015.16 in early afternoon trade, its highest since June 9 after the BOJ kept… View Article

Morning Update – 16/06/2017 – by Arjun Lakhanpal

June 16, 2017 by savi-admin Morning all.. Wall St closed slightly lower as the US yield curve steepened and fears over how quickly the Fed will reduce easing policies. The S&P down 0.22%. In Asia however, stocks rose with the Nikkei up 0.31% as the BoJ left policy unchanged and the Nikkei helped by a resurgent USDJPY which made a… View Article

European Close Market Briefing – 15/06/2017 – by Arjun Lakhanpal

June 15, 2017 by savi-admin In European Equity Markets stocks fell on Thursday as sagging oil prices hit basic resources stocks, while retailers fell after H&M missed expectations and UK data showed consumers are feeling the impact of rising inflation.  The pan-European STOXX 600 benchmark fell to its lowest since April 24 before paring some losses and ended down 0.4 percent. Euro… View Article