European Open Market Briefing – 27/10/2017 – by Arjun Lakhanpal

October 27, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose 1 percent to a 21-year high on Friday, led by banking shares as U.S. yields remained high and by tech shares after their U.S. counterparts posted strong earnings. The Nikkei rose 0.9 percent to 21,937.82 points by midmorning, after hitting as high as 21,968.75, its strongest level since… View Article

European Close Market Briefing – 26/10/2017 – by Arjun Lakhanpal

October 27, 2017 by savi-admin In European Equity Markets stocks rose from four-week lows on Thursday, boosted by the ECB’s decision to keep stimulus taps open and hopes of a breakthrough in the Catalan crisis, while third-quarter earnings triggered sharp moves in individual stocks. The pan-European STOXX 600 benchmark index rose 1.1 percent to 391.45 points with heavy gains across most sectors… View Article

European Open Market Briefing – 26/10/2017 – by Arjun Lakhanpal

October 26, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index edged up on Thursday, lifted by stocks backed by strong earnings and shrugging off Wall Street weakness. The Nikkei was 0.2 percent higher at the end of morning trading at 21,742.98. The broader Topix edged up 0.1 percent to 1,752.79, while the JPX-Nikkei Index 400 also rose 0.1 percent to… View Article

Morning Update – 26/10/2017 – by Arjun Lakhanpal

October 26, 2017 by savi-admin Morning all.. Wall St had a mild wobble and actually closed lower for a change with the S&P down 0.47% (the biggest declines in seven weeks and uneven corporate earnings keep traders on edge ahead of reports from technology giants, banks and a European Central Bank meeting. The dollar extended losses against G10 peers.) but… View Article

European Close Market Briefing – 25/10/2017 – by Arjun Lakhanpal

October 25, 2017 by savi-admin In European Equity Markets earnings were the main driver for stocks on Wednesday, with luxury conglomerate Kering shining after sales at Gucci rose, as benchmarks were muted as investors readied for Thursday’s European Central Bank meeting. The pan-European STOXX 600 fell 0.1 percent, while euro zone blue chips gained 0.1 percent. France’s CAC 40 rose 0.1 percent, outperforming peers… View Article

European Open Market Briefing – 25/10/2017 – by Arjun Lakhanpal

October 25, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index rose on Wednesday morning, on track for a record 17th day of gains as bullish Wall Street underpinned sentiment, while construction equipment makers rose after Caterpillar posted robust earnings. The Nikkei opened 0.4 percent higher, and was up 0.2 percent at 21,845.75 in midmorning trade. The broader Topix gained 0.2 percent… View Article

Morning Update – 25/10/2017 – by Arjun Lakhanpal

October 25, 2017 by savi-admin Morning all.. Wall St had a decent day, especially the Dow which was bolstered by some impressive earnings from Caterpillar and 3M. The Dow finished up 0.72% and the S&P 0.16%. This saw the US yields rise and the 10yr move above 2.42% and the curve steepen suggesting further dollar strength.. In Asia the Nikkei… View Article

European Close Market Briefing – 24/10/2017 – by Arjun Lakhanpal

October 24, 2017 by savi-admin In European Equity Markets shares of Apple suppliers were boosted by robust results from chipmaker AMS on Tuesday, but stocks were mixed as investors awaited the ECB meeting later this week. The pan-European STOXX 600 ended the day down 0.4 percent, although the German, French, Italian and Spanish indexes all rose. AMS jumped 22 percent after reporting third-quarter… View Article