December 5, 2017
Morning all.. Wall St opened strongly as the Trump tax breakthrough saw strong demand from the off but the rally petered out into the close on Wall St and the S&P failed to manage to close positive. The Dow rose 0.24% but the Nasdaq had a bad day closing down over 1% as the rotation… View Article
December 4, 2017
In European Equity Markets stocks recovered strongly from multi-week lows on Monday after the U.S. Senate passed a tax package delivering significant fiscal stimulus, which investors had anticipated would give extra legs to the bull run in equity markets. Gains in the U.S. dollar helped Germany’s dollar-exposed DAX shoot up from a two-month low, up 1.5 percent. The… View Article
December 4, 2017
In Asian Equity Markets Japan’s Nikkei index edged lower on Monday morning with weakness in large-cap stocks such as Fanuc and SoftBank taking a toll, offsetting gains in retail stocks which rose on strong monthly sales. The Nikkei fell 0.2 percent, to 22,769.64 in midmorning trade. The broader Topix fell 0.1 percent to 1,794.04. MSCI’s broadest index of… View Article
December 4, 2017
Morning all.. Wall St recovered some of its losses after ABC suggested Flynn would testify against Trump but still managed to close down 0.2%. The S&P 500 fell as much as 1.6 percent at one point. Later, ABC changed their story and Trump’s tax bill passed so this morning we have seen US futures surge… View Article
December 1, 2017
In European Equity Markets financial stocks wilted after a delayed vote on tax reform in the U.S. deflated a rally in the sector, driving regional benchmarks to start December with a decrease. Euro zone stocks fell 0.6 percent while Britain’s FTSE, which has suffered from a strong sterling this week, slid 0.1 percent. Healthcare stocks outperformed… View Article
December 1, 2017
In Asian Equity Markets Japan’s Nikkei index rose for a third straight day on Friday, led by oil, steel and machinery stocks, while Sharp Corp rose after it announced a return to the bourse’s main board. The Nikkei ended 0.4 percent higher at 22,819.03 points, rising for three straight days. The broader Topix advanced 0.3 percent to… View Article
December 1, 2017
Morning all.. Wall St had a very strong session with broad gains across the board. The S&P closed up 0.82% with the Dow up 1.4% and even the NASDAQ managed a 0.73% gain. Financial and retailers leading the gains with a strong transport index rally. In Asia things were a little more mixed as HK… View Article
December 1, 2017
In European Equity Markets financials drove stocks higher on Thursday, shrugging off weakness among oil majors as investors eyed the OPEC meeting later in the day, and unease in tech as worries of a peak spread to Europe. Euro zone stocks .STOXXE and blue-chips rose 0.5 percent while Britain’s FTSE 100 fell 0.2 percent in its second day of… View Article
