European Close Market Briefing – 11/01/2018 – by Arjun Lakhanpal

January 11, 2018 In European Equity Markets the pan-European Stoxx 600 closed 0.3 percent lower, though the U.K. FTSE and some sectors pared losses from earlier on in the afternoon’s trading. Telecoms and retail were the two worst performing sectors, closing down 1.5 and 1.4 percent respectively on corporate earnings. U.K. retailer Marks and Spencer fell over 7 percent in afternoon trade, impacted by… View Article

European Open Market Briefing – 11/01/2018 – by Arjun Lakhanpal

January 11, 2018 In Asian Equity Markets Japan’s Nikkei share average ended lower on Thursday, hit by declines in automakers and electronic component makers as the strong yen turned investor appetite. The Nikkei shed 0.3 percent to 23,710.43. Toyota Motor Corp fell 1 percent and Honda Motor Co declined 1.9 percent. Banks continued to advance, with Mitsubishi UFJ Financial Group rising 0.6… View Article

Morning Update – 11/01/2018 – by Arjun Lakhanpal

January 11, 2018 Morning all.. Wall St managed to recover early losses as dip buyers couldn’t resist the drop and the S&P closed marginally lower at the end of a choppy session. The Nikkei was pressured by the strength of the JPY again and closed down 0.33%. US 10yr yields came back off after the Chinese central bank… View Article

European Close Market Briefing – 10/01/2018 – by Arjun Lakhanpal

January 10, 2018 In European Equity Markets the pan-European Stoxx 600 closed down by 0.5 percent with most sectors trading in negative territory. Telecoms was the worst-performing sector, falling throughout the day’s trade to finish 1.9 percent lower. In particular, Swedish mobile operator Tele2 was down over 7.5 percent as some investors doubted the company would see near-term profits after buying cable group Com… View Article

European Open Market Briefing – 10/01/2018 -by Arjun Lakhanpal

January 10, 2018 In Asian Equity Markets Japan’s Nikkei share average took a breather on Wednesday after sharp gains, with some index-heavy stocks losing ground after the index hit a 26-year high in the previous session. The Nikkei ended 0.3 percent lower at 23,788.20, staying slightly below its 26-year high of 23,952.61. Index-heavy stocks such as chip equipment maker Tokyo… View Article

Morning Update – 10/01/2018 – by Arjun Lakhanpal

January 10, 2018 Morning all… Another record close on Wall St with the S&P closing up 0.13% with the Dow up 0.4% but the Nikkei slipped 0.26% on a stronger JPY. It seems that the correlation between USDJPY and US 10yr yields is being severely tested as US yields soared to highs not seen since last March at… View Article