European Open Market Briefing – 29/01/2018 – by Arjun Lakhanpal

January 29, 2018 In Asian Equity Markets Japan’s Nikkei ended flat in choppy trade on Monday with gains in cyclicals such as memory chip makers offset by weakness in in shares sensitive to domestic demand, notably railroad and construction companies. The Nikkei share average ended flat at 23,629.34 after flirting in positive territory in early trade. Silicon products maker Shin-Etsu Chemical… View Article

Morning Update – 29/01/2018 – by Arjun Lakhanpal

January 29, 2018 Morning all.. Wall St surged yet again as Trump sounded upbeat on the economy and didn’t seem to attack his trade allies and did not name any trade aggressors. He sounded almost Statesman-like! The S&P closed up 1.18% and the Dow was up 0.85%. But the Nikkei continues to suffer with a strong JPY and… View Article

European Open Market Briefing – 26/01/2018 – by Arjun Lakhanpal

January 26, 2018 In Asian Equity Markets Japan’s Nikkei share average ended lower in choppy trade on Friday, while mining shares and financial firms under-performed the market. The Nikkei closed 0.2 percent down at 23,631.88, after oscillating in and out of positive terrain in early trade. For the week, the Nikkei declined 0.7 percent. Bucking the declines, Fujitsu Ltd ended 1.2… View Article

Morning Update – 26/01/2018 – by Arjun Lakhanpal

January 26, 2018 Morning all.. Wall St closed in the green with the S&P up marginally but the Dow up 0.54. In Asia though, markets were mixed with the Nikkei giving up gains to finish down 0.16% as USDJPY failed to hold gains but HK was up 1.5%. The Dollar had rallied steeply after President Donald Trump waded… View Article

European Open Market Briefing – 25/01/2018 – by Arjun Lakhanpal

January 25, 2018 In Asian Equity Markets Japan’s Nikkei share average fell to a near two-week low on Thursday as a stronger yen hurt exporters, although firmer oil prices pulled up oil and mining stocks. The Nikkei ended 1.1 percent lower at 23,669.49, the weakest closing level since Jan. 12. Transport equipment stocks fell, with Honda Motor Co sliding 1.3 percent, Subaru… View Article

Morning Update – 25/01/2018 – by Arjun Lakhanpal

January 25, 2018 Morning all.. Wall St had a mixed and choppy session with the S&P closing marginally lower and the Dow closing slightly higher as investors swallowed hard as talk of further trade spats dented the confidence in the US dollar. Wilbur Ross talking tough to China..Mnuchin suggested the weaker USD was good for the US economy… View Article

European Close Market Briefing – 24/01/2018 – by Arjun Lakhanpal

January 24, 2018 In European Equity Markets the pan-European STOXX 600 index closed down 0.4 percent while Germany’s DAX  and the FTSE  fell 0.8 and 0.9 percent respectively, with British shares also suffering from gains by sterling against the greenback. A decline in utility stocks following a profit warning at France’s Suez and falling tech stocks weighed, while a strong update from… View Article