Morning Update – 24/08/2017 – by Arjun Lakhanpal

August 24, 2017 Morning all.. Wall St didn’t like the fact that Trump is talking shutting down the government in order to get his wall built and the S&P closed down 0.35%. It was a similar story in Asia with the Nikkei down 0.3%, not helped by weakness in USDJPY which spent a lot of the session sub… View Article

European Close Market Briefing – 23/08/2017 – by Arjun Lakhanpal

August 23, 2017 In European Equity Markets stocks fell on Wednesday, led lower by sharp declines in advertising giant WPP after it cut sales forecasts on weakening demand. The pan-European STOXX 600 index and euro zone blue-chips both fell 0.5 percent. WPP  shares lost 10.9 percent after the world’s largest advertising group cut its full-year sales outlook after a decrease in demand caused… View Article

European Open Market Briefing – 23/08/2017 – by Arjun Lakhanpal

August 23, 2017 In Asian Equity Markets Japan’s Nikkei index rebounded on Wednesday morning after Wall Street gained as U.S. lawmakers’ comments on tax reform and the debt ceiling boosted investor appetite. The Nikkei rose 0.7 percent to 19,509.48 in midmorning trade, after falling for the fifth day on Tuesday to mark its longest losing streak since April 2016. The… View Article

European Opening Session – 23/08/2017 – by Arjun Lakhanpal

August 23, 2017 Morning all.. Wall St had a very positive day (Boeing helping the Dow rally) with the S&P up 1% and NASDAQ up 1.36% amid a renewed risk on environment. Asia took up the baton with the Nikkei closing up 0.27% but the market is still nervous about Trump statements on NAFTA and sanctions on China… View Article

European Open Market Briefing – 22/08/2017 – by Arjun Lakhanpal

August 22, 2017 In Asian Equity Markets Japanese stocks were nearly flat in choppy trade on Tuesday morning as geopolitical uncertainty kept activity in check while investors awaited the annual Jackson Hole conference this week. The Nikkei index edged up 0.1 percent to 19,407.65 in midmorning trade, after traversing negative and positive territory. The broader Topix added 0.1 percent… View Article

Morning Update – 22/08/2017 – by Arjun Lakhanpal

August 22, 2017 Morning all.. Wall ST had a mixed session but closed almost at unchanged on the day as some calm returned to markets. The Nikkei was lower, closing down marginally but ignoring a brief rally in USDJPY.. Most currencies were extremely quiet overnight with the exception to JPY weakening 0.3% against the USD; FX vols were… View Article

European Close Market Briefing – 21/08/2017 – by Arjun Lakhanpal

August 21, 2017 In European Equity Markets stocks fell further on Monday as geopolitical jitters trickled over from Asia, though gains in carmaker Fiat Chrysler and Danish shipping firm Maersk helped limit losses. The pan-European STOXX 600 fell 0.5 percent, with euro zone blue-chips down 0.5 to 0.7 percent. The risk-off move in Europe hit banks the hardest, down 0.9 percent… View Article