European Close Market Briefing – 11/10/2017 – by A Lakhanpal

October 11, 2017 by savi-admin In European Equity Markets Spanish stocks rebounded sharply in a flat European market on Wednesday on hopes that a big political crisis in the euro zone’s fourth largest economy could de-escalate after Catalonia stopped short of declaring formal independence from Madrid. While Spain’s benchmark IBEX rose 1.3 percent, the pan-European STOXX 600 index ended flat and the euro… View Article

European Open Market Briefing – 11/10/2017 – by Arjun Lakhanpal

October 11, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Wednesday in choppy trade, edging closer to a 21-year high supported by buying in defensive stocks, while Kobe Steel extended its losses after confirming a media report that it fabricated data in iron power products. The Nikkei rose 0.3 percent to 20,878.07 in midmorning trade after opening a… View Article

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

October 11, 2017 by savi-admin Morning all.. Wall St closed up again with another record close for the Dow. The S&P was up 0.23% in a day with no data. In Asia we had another positive close for the Nikkei (up 0.32%) but USDJPY failed to extend far past the NY close. EUR held gains after the Catalan issue subsided…. View Article

European Close Market Briefing – 10/10/2017 – by Arjun Lakhanpal

October 11, 2017 by savi-admin In European Equity Markets stocks traded cautiously as markets waited to see whether Spain’s Catalonia region would push for independence later in the day. Madrid’s IBEX stocks index fell 0.7 percent by midday and is now down almost 9 percent since May, though a sharp rise in the euro has also taken a toll. The FTSE 100 index picked up… View Article

European Open Market Briefing – 10/10/2017 – by Arjun Lakhanpal

October 10, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up in choppy trade on Tuesday after a three-day weekend as the weak yen supported sentiment, but Kobe Steel’s shares were set to plunge after it said it had fabricated data. The Nikkei was up 0.4 percent at 20,763.10 points by midmorning, after opening slightly lower. The broader Topix… View Article

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

October 10, 2017 by savi-admin Morning all.. The US Bond markets were closed yesterday but Wall St was open and it closed down in a quiet session with the S&P down 0.18% after opening in the green. However the Nikkei put in a solid performance, up 0.59% but USDJPY hardly moved as the dollar remained in a tight range. AUD… View Article