Morning Update – 15/05/2017 – by Arjun Lakhanpal

May 15, 2017 by savi-admin Morning all.. US stocks drifted lower but considering the weak US data on Friday the move was tiny. The S&P closed down just 0.15% but US yields and the dollar remained rather weak into the NY close. In Asia we have seen a very quiet session with the Nikkei down 0.13% and the FX markets… View Article

European Close Market Briefing – 12/05/2017 – by Arjun Lakhanpal

May 12, 2017 by savi-admin In European Equity Markets stocks pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. The DAX fell 0.3 percent, slightly outperforming broader regional indexes, while Spain’s IBEX lagged with a fall of 1.6 percent. The pan-European STOXX… View Article

European Open Market Briefing – 12/05/2017 – by Arjun Lakhanpal

May 12, 2017 by savi-admin In Asian Equity Markets Japanese stocks fell from near 1-1/2-year highs on Friday as the market took a breather from its rally since mid-April, while trading was also influenced by a mixed bag of earnings with Nissan Motor rising on a surprise dividend hike. The Nikkei index ticked down 0.7 percent to 19,823.28 as some investors… View Article

Morning Update – 12/05/2017 – by Arjun Lakhanpal

May 12, 2017 by savi-admin Morning all.. Wall St was off to a very weak open but calmed into the close to finish down just 0.22%. Asian stocks saw the Nikkei down nearly 0.5% in a quiet session that saw FX rates tuck in extremely tight ranges as we wait for some big US data later today. USDJPY couldn’t hold… View Article

European Close Market Briefing – 11/05/2017 – by Arjun Lakhanpal

May 11, 2017 by savi-admin In European Equity Markets stocks pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. The DAX fell 0.3 percent, while Spain’s IBEX lagged with a fall of 1.6 percent, its biggest daily loss since Nov. 10. The… View Article

Morning Update – 11/05/2017 – by Arjun Lakhanpal

May 11, 2017 by savi-admin Morning all.. Wall St finished mixed with the Dow a little lower and the S&P closing up 0.11% in what was a quiet session again. US yields and a rise in oil kept the USD bid overnight after a better close in NY. US Treasury Official: Mnuchin will discuss Trump admin’s tax reform, regulatory reduction… View Article