USD/YEN Update – 18/04/2017 (10:42am) – by Arjun Lakhanpal

April 18, 2017 by savi-admin USD/YEN Update – 18/04/2017 ( 10:42am): Geopolitical risks remain the broader driver of USDJPY. With China and Russia attempting to defuse rising tensions between the US and North Korea over the weekend and no immediate war, pressure has alleviated a little and having traded a low of 108.14 driven also by a miss in US… View Article

Morning Update – 18/04/2017 – by Arjun Lakhanpal

April 18, 2017 by savi-admin Morning all.. Wall St had a decent close as geo-political tensions eased slightly with the S&P closing up 0.86% yesterday. The Nikkei closed up 0.35% in a quiet session. USD stronger across the G10 FX board following commentary from US Treasury Sec Mnuchin late in the day where he talked up the USD after Trump’s… View Article

European Opening Session – 13/04/2017 – by Arjun Lakhanpal

April 13, 2017 by savi-admin In Asian Equity Markets Japanese stocks posted fresh four-month lows on Thursday morning as the yen spiked against the dollar after U.S. President Donald Trump said the U.S currency was too strong, hitting automakers and tech shares hard. The Nikkei 225 index fell 1.0 percent to 18,360.08 in midmorning trade, hitting as low as 18,304.72 earlier,… View Article

Morning Update – 13/04/2017 – by Arjun Lakhanpal

April 13, 2017 by savi-admin Morning all…Wall St closed down after Trump talked the dollar down, taking yields lower and and amidst another rise in geo-political tensions; the S&P closed down 0.38% but had been lower. The weak USD took Asia stocks lower and the Nikkei closed down 0.68% as USDJPY hit a low of 108.72. Since the lows were… View Article

American Round-Up – 12/04/2017 – by Arjun Lakhanpal

April 12, 2017 by savi-admin In European Equity Markets stocks inched up on Wednesday, steadying around 16 month highs, helped by gains in Syngenta and a rally in defence stocks on investor concerns about lingering geopolitical risks. The pan-European STOXX 600 index rose 0.2 percent but trading was choppy just a few days ahead a holiday break, while Germany’s DAX added… View Article

European Opening Session – 12/04/2017 – by Arjun Lakhanpal

April 12, 2017 by savi-admin In Asian Equity Markets Japanese stocks fell to their lowest in more than four months on Wednesday as rising geopolitical tensions dragged all sectors into negative territory, with exporters hit especially hard as the safe haven yen spiked to a five-month high. The Nikkei 225 index lost 1.3 percent to 18,506.17 in midmorning trade after falling… View Article

Morning Update – 12/04/2017 – by Arjun Lakhanpal

April 12, 2017 by savi-admin Morning all.. After a weak start, US stocks rebounded and calmed nerves somewhat after US yields and the dollar fell on risk averion to geopolitical tensions. The S&P finishing down just 0.14%..In Asia we had a mixed session with the Nikkei down 1.27% on the back of a steep fall in USDJPY in NY that… View Article

American Round-Up – 11/04/2017 – by Arjun Lakhanpal

April 11, 2017 by savi-admin In European Equity Markets stocks closed mostly lower on Tuesday, with lingering worries about the crisis in Syria and the hotly contested French election creating a cloud over sentiment. The Stoxx Europe 600 index ended down 0.02 percent at 381.18, paring earlier losses. Losses were led by Dialog Semiconductor, which lost 14 percent after a German broker said… View Article

European Opening Session – 11/04/2017 – by Arjun Lakhanpal

April 11, 2017 by savi-admin In Asian Equity Markets Japanese stocks fell on Tuesday morning, hurt by a combination of rising geopolitical tensions, a stronger yen and volatile trading in Toshiba Corp shares ahead of the third deadline for its earnings filing. The Nikkei index lost 0.5 percent to 18,699.41 in midmorning trade. The broader Topix fell 0.6 percent to 1,490.52 and the… View Article

Morning Update – 11/04/2017 – by Arjun Lakhanpal

April 11, 2017 by savi-admin Morning all.. Wall St managed to grind out a very small gain in a quiet market but gave up solid gains made just after the open. However we saw some weakness driven by China and HK in Asia and the Nikkei closed down 0.44%. In the US the market had been waiting for the Yellen… View Article