European Open Market Opening – 06/06/2017 – by Arjun Lakhanpal

June 6, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index fell on Tuesday as losses on Wall Street and a stronger yen sapped sentiment. The Nikkei was down 0.7 percent at midday at 20,026.45, moving away from Friday’s high of 20,239.81, which was its loftiest level since August 2015 and came after it finally broke through resistance at the… View Article

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

June 6, 2017 by savi-admin Morning all.. Wall St finished a quiet session slightly lower with S&P closing down 0.12% . The dollar weakened and equities retreated as investors turned cautious following a seven-week surge for global stocks. Gold rose and oil extended declines. The Nikkei closed lower as USDJPY fell on the back of lower US yields, falling 0.52%. Havens were in… View Article

European Close Market Briefing – 05/06/2017 – by Arjun Lakhanpal

June 5, 2017 by savi-admin In European Equity Markets stocks fell on Monday as energy stocks dragged and banks were led lower by Spain’s Banco Popular on concerns that it could be wound down. The pan-European STOXX 600 index fell 0.1 percent, with activity reduced by a public holiday in the region, while Britain’s FTSE which hit a fresh record high… View Article

EUR/USD Update – 05/06/2017 (10:49am) – by Arjun Lakhanpal

June 5, 2017 by savi-admin EUR/USD Update – 05/06/2017 (10:49am) – EUR showing on-going strength near important levels..: With Friday’s lift taking on an impulsive bias, the focus stays on the important 1.1300-28 resistance zone (Nov high/76.4% retracement/Sept peak). An extension above this area would confirm an improved medium term backdrop calling for a test of the 1.1426 June ’16… View Article

European Open Market Briefing – 05/06/2017 – by Arjun Lakhanpal

June 5, 2017 by savi-admin In Asian Equity Markets Japan’s Nikkei index barely moved on Monday, capped by a stronger yen but retaining enough momentum to stay close to a 22-month high scaled the previous session. The Nikkei was up 0.1 percent at 20,197.80. after falling earlier to 20,104.13. The broader Topix was down 0.2 percent at 1,609.24 and the JPX-Nikkei Index… View Article

Morning Update – 05/06/2017 – by Arjun Lakhanpal

June 5, 2017 by savi-admin Morning all.. Wall St closed up 0.37% after some rather poor US data which missed on expectations but at the same time bond yields slumped to below 2.15% in the 10yr at one point which is rather confusing as the bond move suggests a lack of confidence in the economy as stocks hit all-time highs!… View Article

European Close Market Briefing – 02/06/2017 – by Arjun Lakhanpal

June 3, 2017 by savi-admin In European Equity Markets stocks rose on Friday as investors maintained strong flows into the region but top regional benchmarks came off earlier highs after a disappointing U.S. jobs growth. The pan-European STOXX 600 ended up 0.2 percent. Germany’s DAX rose 1.25 percent and UK’s FTSE added 0.05 percent. Supporting the DAX were gains among carmakers after… View Article