March 7, 2017
In European Equity Markets stocks closed lower on Monday, with the banking sector under pressure as German lender Deutsche Bank AG shares slid on its plans for a share sale. The Stoxx Europe 600 lost 0.5 percent to end at 373.27. Deutsche Bank lost 7.9 percent after the bank said it is planning an 8 billion euro share sale in… View Article
March 6, 2017
In Asian Equity Markets Japanese stocks fell on Monday as the yen firmed and as global geopolitical tensions rose after North Korea fired four missiles, three of which landed in Japan’s exclusive economic zone. The Nikkei index fell 0.5 percent to 19,385.71 points by mid-morning. The broader Topix shed 0.3 percent to 1,553.77 and the JPX-Nikkei… View Article
March 6, 2017
Morning all.. Wall St closed more or less unchanged after it appeared Yellen is getting behind a hike in March but the USD fell as many had been long dollars into her speech as the Fed’s thinking was clearly signalled by other Fed officials. It was a buy the rumour, sell the fact scenario and… View Article
March 2, 2017
Morning all.. Wall St soared and closed up nearly 1.5% as investors believe the growth story coming from the global economy and Trump promising spending. Asia stocks took up the baton with Nikkei closing up 0.88% based on a decent rally on Wall St and the rise in USDJPY. USDJPY made a high of 114.21,… View Article
March 1, 2017
Morning all.. Wall St closed down 0.26% as they awaited the Trump statement to joint congress in what was a an interesting session for the dollar. The dollar rose on hawkish comments from Fed speakers and many now see the chances of a hike in March. Odds of a hike rose from 455 to about… View Article
February 28, 2017
Morning all.. The Dow, after a late rally in a quiet session managed to make yet another record high, closing up marginally on the day. But it is clear markets are now on hold waiting to hear what Trump has to say tonight. he has mentioned this budget will target home security and a boost… View Article
February 27, 2017
Political risk takes centre stage again as French election polls give a boost to the Euro, while the prospect of a second Scottish referendum puts downward pressure on pound sterling. The euro has gained some 0.2 percent vs the dollar as Le Pen loses ground in the most recent polls. With Scotland’s vote to remain… View Article
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