European Open Market Briefing – 21/12/2017 – by A Lakhanpal

December 21, 2017 In Asian Equity Markets Japan’s Nikkei index fell on Thursday, taking its cue from losses on Wall Street, with weakness seen in retail and real estate sectors. The Nikkei was down 0.37 percent at 22,806.28 at the end of morning trading. The broader Topix was down 0.17 percent at 1,818.14. MSCI’s broadest index of Asia-Pacific stocks outside… View Article

Morning Update – 21/12/2017 – by Arjun Lakhanpal

December 21, 2017 Morning all.. Wall St had a very quiet session, closing slightly lower on the day but no fireworks as we head into year-end. The Tax bill passed as expected.. In Asia it was also a very quiet day with the Nikkei closing down marginally but the Topix rose slightly. Benchmark gauges in Sydney and Seoul… View Article

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