European Open Market Briefing – 19/07/2017 – by Arjun Lakhanpal

July 19, 2017 by savi-admin In Asian Equity Markets Japanese stocks struggled for traction on Wednesday, with buying in defensive stocks barely offsetting worries about the impact of a stronger yen as the U.S. dollar flounders. The Nikkei index was up 0.1 percent to 20,012.12 by midmorning after falling into negative territory. The broader Topix was up 0.1 percent to 1,621.80 and… View Article

Morning Update – 19/07/2017 – by Arjun Lakhanpal

July 19, 2017 by savi-admin Morning all.. A mixed session for US stocks yesterday as the S&P closed unchanged, the Dow down 0.25% but the NASDAQ up 0.47%. The dollar remained weak through the session but saw a rebound into the close. In Asia the Nikkei closed marginally higher in a very quiet session in all markets; FX pairs barely… View Article

European Close Market Briefing – 18/07/2017 – by Arjun Lakhanpal

July 19, 2017 by savi-admin In European Equity Markets stocks fell on Tuesday after disappointing Ericsson and Lufthansa earnings, while scaled-back expectations of monetary tightening by major central banks dented financial stocks. The pan-European STOXX 600 fell by more than 1 percent with European banks down by 1.6 percent and lower bond trading revenue at Goldman Sachs adding to the selling… View Article

AUD/USD Update – 18/07/2017 (10:09am) – by Arjun Lakhanpal

July 18, 2017 by savi-admin AUD/USD Update – 18/07/2017 (10:09am): AUD blasted higher last night as the dollar weakened and the RBA minutes were more hawkish.. RBA Mins: steady policy stance consistent with growth/inflation targets; welcomed improvements in world economy; nevertheless domestic labour and housing mkts continued to warrant careful monitoring; repeats rising AUD would complicate economic rebalancing; Q2 economic… View Article

Morning Update – 18/07/2017 – by Arjun Lakhanpal

July 18, 2017 by savi-admin Morning all.. Wall St had a quiet session with S&P closing flat on the day but the dollar remains weak. The markets are digesting the failure yet again of Trump to get a healthcare bill repeal.. Republicans in the U.S. Congress were in chaos over healthcare legislation after a second attempt to pass a bill… View Article

European Close Market Briefing – 17/07/2017 – by Arjun Lakhanpal

July 18, 2017 by savi-admin In European Equity Markets stocks gave back early gains in thin volumes on Monday, as a busy few weeks of earnings reports from top regional and U.S. firms got underway. The pan-European STOXX 600 index steadied at the close after touching a three-week high, while blue chips turned negative to trade 0.3 percent lower. British engineer Weir… View Article