GBP/USD Update – 12/06/2017 (10:50am) – by Arjun Lakhanpal

June 12, 2017 by savi-admin GBP/USD Update – 12/06/2017 (10:50am): Sticking with the UK and GBP: A lot of uncertainty in the near term however, with 19th June the first Brexit negotiations date with EU.  This week is busy for UK, with BoE on Thursday – with 7-1 votes expected with Forbes last meeting and only dissenter.  Ahead of that… View Article

European Open Market Briefing – 12/06/2017 – by Arjun Lakhanpal

June 12, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei share average ended lower on Monday, dragged down by declines in technology shares after their U.S. counterparts were sold off sharply in the previous session. The Nikkei ended down 0.5 percent at 19,908.58. The broader Topix was flat at 1,591.55. MSCI’s broadest index of Asia-Pacific stocks outside Japan was down 0.8 percent,… View Article

Morning Update – 12/06/2017 – by Arjun Lakhanpal

June 12, 2017 by savi-admin Morning all.. Hope you all had a great weekend..Wall St had a mixed close on Friday with the S&P just down marginally but the NASDAQ was down almost 2%. Tech stocks saw a rather concerning bout of profit taking. In Asia the Nikkei closed down 0.56%and HK down 1.15%. Technology companies on the MSCI Asia… View Article

European Close Market Briefing – 09/06/2017 – by Arjun Lakhanpal

June 10, 2017 by savi-admin In European Equity Markets stocks were choppy on Friday after Britain’s election delivered no clear winner on the eve of Brexit talks, though a slump in sterling gave an edge to shares in UK exporters. The pan-European STOXX 600 index ended the session 0.3 percent higher, having moved in and out positive territory throughout the day, while… View Article

European Open Market Briefing – 09/06/2017 – by Arjun Lakhanpal

June 9, 2017 by savi-admin In Asian Equity Markets stocks were mixed, but UK-exposed stocks were down across most markets.  Hong Kong’s Hang Seng was down 0.3 per cent. Among the worst performers were UK-exposed businesses owned by billionaire Li Ka-shing, with Power Assets down 1.4 per cent, Cheung Kong Infrastructure off 1.8 per cent and CK Hutchison down 1.3 percent…. View Article

Morning Update – 09/06/2017 – by Arjun Lakhanpal

June 9, 2017 by savi-admin Morning all.. Wall St finished almost unchanged after all the Comey comments but the big news overnight was the UK election seeing the government lose their majority.. In Asia the Nikkei rallied 0.45% but the focus was on the fall in the Pound which fell 200 points or 1.8%. Cable had a low of 1.2685… View Article