European Open Market Briefing – 09/08/2017 – by Arjun Lakhanpal

August 9, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell to more than a two-month low on Wednesday morning on escalating geopolitical tensions on the Korean peninsula, which boosted the safe-haven yen and knocked stocks across the board. The Nikkei fell 1.3 percent to 19,739.88 by the midday break, after hitting a low of 19,715.56, the weakest level… View Article

Morning Update – 09/08/2017 – by Arjun Lakhanpal

August 9, 2017 by savi-admin Morning all.. Overnight we saw a risk off sentiment following increased tensions in the Korea peninsular giving safe haven assets some strength. Wall St closed slightly lower with the S&P 0.25% after Trump threatened N. Korea with “Fire and fury”. This sent USDJPY and JPY crosses tumbling and pressed on the Nikkei which closed down… View Article

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

August 9, 2017 by savi-admin In European Equity Markets stocks turned positive after a damp start on Tuesday as strong gains in utilities, auto and energy stocks outweighed losses from Pandora after disappointing results. Investors pointed to strong earnings growth as the second-quarter results season powered on. The pan-European STOXX 600 index was up 0.2 percent, while blue chips rose 0.4 percent…. View Article

USD/YEN Update – 08/08/2017 (11:55am) – by Arjun Lakhanpal

August 8, 2017 by savi-admin USD/YEN Update – 08/08/2017 (11:55am) – USDJPY remains within the 110-111.00 short term range, with lack of follow through below 110.00 after all the negative geopolitical news and Trump now on holiday, maybe a recovery continues.  But FI and US data will continue to drive the pair.  With US inflation a key print later this… View Article

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

August 8, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index slid on Tuesday, with weak financials offsetting gains in the steel sector which rose on a strong earnings outlook. The Nikkei fell 0.2 percent to 20,012.59 by midmorning trade, after opening slightly higher. The broader Topix shed 0.3 percent to 1,635.14. MSCI’s broadest index of Asia-Pacific stocks outside Japan… View Article

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

August 8, 2017 by savi-admin Morning all.. Wall St had a quiet session but stocks closed in the green with the Dow making a record high. The S&P closed up 0.16%. In Asia stocks were lower with the Nikkei closing down 0.39% in another quiet session.  Oil extended losses. It’s been a relatively quiet start to the week for markets… View Article

European Close Market Briefing – 07/08/2017 – by Arjun Lakhanpal

August 7, 2017 by savi-admin In European Equity Markets declines in shares of PostNL, Paddy Power Betfair and health companies outweighed strong basic resources and energy stocks on Monday, sending European shares down after robust gains in the previous session. The pan-European STOXX 600 index ended 0.1 percent lower. Euro zone blue chips also lost 0.1 percent, while Germany’s DAX fell 0.3… View Article

European Open Market Briefing – 07/08/2017 – by Arjun Lakhanpal

August 7, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average rose on Monday morning, led by sharp gains for Toyota Motor Corp after it upgraded its earnings outlook, while a weaker yen following strong U.S. jobs data underpinned overall sentiment. The Nikkei rose 0.6 percent to 20,080.50 in midmorning trade. The broader Topix gained 0.6 percent to 1,641.21, after… View Article