European Open Market Briefing – 20/07/2017 – by Arjun Lakhanpal

July 20, 2017 by savi-admin In Asian Equity Markets Japanese stocks rose on Thursday, with investor sentiment staying bright after record highs on Wall Street. The Nikkei was up 0.6 percent at 20,142.60 points by mid-afternoon. The broader Topix rose 0.7 percent to 1,633.17, while the JPX-Nikkei Index 400 also rose 0.7 percent to 14,522.78. MSCI’s broadest index of Asia-Pacific stocks outside Japan… View Article

Morning Update – 20/07/2017 – by Arjun Lakhanpal

July 20, 2017 by savi-admin Morning all.. Wall St closed across the board with S&P up 0.54% and Nasdaq 0.64% after decent Housing data.. In Asia the markets were waiting for the BoJ announcement and AUD Jobs data but the Nikkei finished up 0.61% as the BoJ left all rates unchanged. The Kuroda press conference is starting now. Antipodean currencies… View Article

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

July 19, 2017 by savi-admin In European Equity Markets a slew of upbeat updates from European firms helped the region’s benchmark index rise on Wednesday and recoup the previous session’s sharp losses, with tech stocks enjoying their best day in 10 months and all sectors making gains. The pan-European STOXX 600 index rose 0.7 percent while blue chips climbed 0.6 percent…. View Article

EUR/USD Update – 19/07/2017 (13:36 pm) – by Arjun Lakhanpal

July 19, 2017 by savi-admin EUR/USD Update – 19/07/2017 (13:36 pm): After testing session lows in the vicinity of 1.1510, EUR/USD met some buyers and is now hovering over the 1.1535/40 area. Looking ahead, EUR should stay vigilant on tomorrow’s ECB meeting amidst rising speculations of some kind of announcement regarding the bond-buying programme, which in turn have been sustaining the… View Article

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