European Opening Session – 06/03/2017 – by Arjun Lakhanpal

March 6, 2017 by savi-admin 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

Morning Update – 06/03/2017 – by Arjun Lakhanpal

March 6, 2017 by savi-admin 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

Morning Update – 02/03/2017 – by Arjun Lakhanpal

March 2, 2017 by savi-admin 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

Morning Update – 01/03/2017 – by Arjun Lakhanpal

March 1, 2017 by savi-admin 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

Morning Update – 28/02/2017 – by Arjun Lakhanpal

February 28, 2017 by savi-admin 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

Afternoon Market Update – 27/02/2017 – by Jazz Singh

February 27, 2017 by savi-admin 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

Morning Update – 27/02/2017 – by Arjun Lakhanpal

February 27, 2017 by savi-admin Morning all.. Wall St closed quietly on Friday with the S&P up 0.15% in a quiet session and it looked like being a quiet start to Asia trading but an article suggesting Scotland may demand another referendum saw GBP weakness overnight. The Nikkei closed down nearly 1% and USDJPY remained nailed to 112.00 having briefly… View Article