August 29, 2017
In Asian Equity Markets Japan’s Nikkei index fell to its lowest in almost four months on Tuesday, as a missile fired by North Korea over northern Japan put investors on edge and increased the yen’s safe-haven appeal. Japan’s Nikkei was down 0.9 percent to a four-month low at one point, then pared losses to be 0.5… View Article
August 29, 2017
Morning all.. Wall St had a very quiet session with London closed with the S&P closing more or less unchanged but N. Korea launched another missile last night which apparently flew over Japan! The Nikkei closed down 0.45% and the JPY rallied on a safe haven basis. USDJPY hit a low of 108.33 its lowest… View Article
August 25, 2017
In European Equity Markets stocks finished Friday’s session by swinging into the red, pulling back as U.S. Federal Reserve Chairwoman Janet Yellen gave nothing away about the path forward for monetary policy in the world’s largest economy. The Stoxx Europe 600 index wrapped up a choppy session by losing 0.1 percent to 374.07. Shares of Provident Financial… View Article
August 25, 2017
In Asian Equity Markets Japan’s Nikkei index rose on Friday morning as the dollar was steady against the yen, but activity was subdued as investors waited on speeches at the central bankers’ symposium in Jackson Hole, Wyoming, that began on Thursday. By the midday break, the Nikkei rose 0.5 percent to 19,440.36, after falling to more… View Article
August 25, 2017
Morning all.. Wall St finished in the red last night in a quiet session with the S&P down 0.21% and whilst Asia had a quiet session, a higher USDJPY helped the Nikkei rise by 0.53%. But most markets are on hold for the big speakers today when both Yellen and Draghi are due to speak… View Article
August 25, 2017
In European Equity Markets gains by cyclical sectors helped push stocks higher on Thursday while heavy losses in Dixons Carphone after a profit warning dominated trading. The pan-European STOXX 600 was up 0.2 percent at its close, in line with euro zone stocks and blue chips. Dixons Carphone shares lost as much as 29 percent after the mobile… View Article
August 24, 2017
GBP/USD Update – 24/08/2017 (11:10am): GBP continues to trade softly, particularly vs the EUR, the cross breaking to 8 year highs (ignoring the flash crash). No new fundamental driver per se, the move feels and acts as though flow is the dominant factor. Although arguably EURGBP looks stretched technically, I feel that GBPUSD could have further… View Article
August 24, 2017
In Asian Equity Markets Japan’s Nikkei index fell towards a 3-1/2-month low on Thursday, dragged down by Wall Street losses, while steel makers fell after reports that Toyota Motor Corp was looking to cut the price of steel supplied to component makers. The Nikkei was down 0.2 percent at 19,407.30 points by late morning. The broader Topix… View Article
