European Close Market Briefing – 20/12/2017 – by Arjun Lakhanpal

December 20, 2017 In European Equity Markets stocks fell on Wednesday, extending their decline from the previous session as currency dynamics took hold of the stock market. Euro zone stocks fell 0.7 percent and the top index of euro zone companies lost  0.8 percent. Germany’s exporter-heavy DAX index fell 1.2 percent. Britain’s FTSE 100 insulated from the euro’s gains, edged 0.3 percent lower. Financials,… View Article

European Open Market Briefing – 20/12/2017 – by A Lakhanpal

December 20, 2017 In Asian Equity Markets Japanese stocks fell on Wednesday morning as construction shares continued to be battered amid a suspected bid-rigging scandal, while Japan Display jumped on a media report the firm is discussing an investment from three Chinese panel makers. The Nikkei index fell 0.1 percent to 22,838.52 in midmorning trade. MSCI’s broadest index of Asia-Pacific stocks… View Article

Morning Update – 20/12/2017 – by Arjun Lakhanpal

December 20, 2017 Morning all.. Wall St actually had a down day last night with the S&P tumbling all of 0.32% (but futures back up as the tax bill passed). In Asia there was a mixed reaction to the tax bill passing with another very quiet session in Japan seeing the Nikkei finish marginally in the green. HK… View Article

European Close Market Briefing – 19/12/2017 – by Arjun Lakhanpal

December 19, 2017 In European Equity Markets stocks pulled back on Tuesday in a broadly weaker market as a rally inspired by investor optimism about a tax reform in the United States lost its strength. Expectations that the long-anticipated U.S. tax bill will pass this week lifted the pan-European STOXX 600 benchmark by as much as 0.2 percent in morning trade. But… View Article

GBP/USD Update – 19/12/2017 (09:00am) – by Arjun Lakhanpal

December 19, 2017 GBP/USD Update – 19/12/2017 (09:00am): While we are unable to rule out a small rebound to the 1.3550 December high, this is looking less likely. Below 1.3300 should be enough to alleviate immediate upside pressure and allow for weakness back to the 1.3184 2016-2017 uptrend. It has recently broken above the 2014-2017 downtrend and this has… View Article

European Open Market Briefing – 19/12/2017 – by Arjun Lakhanpal

December 19, 2017 In Asian Equity Markets Japan’s Nikkei index edged down on Tuesday morning in choppy trade, as construction stocks extended a punishing sell-off on growing concerns some of the firms may have breached antitrust regulations. The Nikkei was flat at 22,905.40 in mid-morning trade, after opening up 0.3 percent. The broader Topix shed 0.1 percent to 1,815.86. MSCI’s broadest… View Article

Morning Update – 19/12/2017 – by Arjun Lakhanpal

December 19, 2017 Morning all.. Wall St had yet another record close and the Dow closed at its 70th record high of the year; it has never done that before in its 100-year-plus history. The S&P closed up 0.54% and the NASDAQ up 0.84%. Asia meanwhile, was a little disappointing with the Nikkei closing down o.15% in a… View Article

European Close Market Briefing – 18/12/2017 – by Arjun Lakhanpal

December 18, 2017 In European Equity Markets stocks rose for the first time in four session on Monday, with banks leading the charge north on hopes the highly anticipated tax reform in the U.S. will get passed this week and provide a boon for the financial sector. The Stoxx Europe 600 index rallied 1.2 percent to close at 392.66. Among regional benchmarks,… View Article