November 3, 2017
Wall St had a rather mixed session with the S&P closing up marginally but the NASDAQ down marginally in what was a choppy day as Trump announced his new Fed Chair; Jerome Powell and markets digested the tax reform draft bill. This Fed Chair announcemnt had been leaked so the impact was minimal but we… View Article
November 2, 2017
In European Equity Markets declines in health and tech stocks weighed on European shares on Thursday following an outlook cut from Coloplast, as forecast-beating results from Credit Suisse and Danske Bank limited losses. The pan-European STOXX 600 index trended lower through the day after opening near two-year highs, ending the session down 0.5 percent. Earnings weighed on European… View Article
November 2, 2017
In Asian Equity Markets Japan’s Nikkei index extended its strong rally to top a new 21-year peak on Thursday morning, with the mining sector getting a boost while buyers continued to pile into companies such as Honda Motor and Sony on robust earnings prospects. The Nikkei rose 0.5 percent to 22,527.07 in early deals, the highest… View Article
November 2, 2017
Morning all.. Wall St Had a pretty quiet session and the S&P closed up just 0.16% with the Nasdaq marginally lower. Meanwhile, the Nikkei continues to make solid gains and closed up another 0.53%. A boost to Honda Motor Co.’s profit outlook lifted its shares and helped other transportation stocks drive the Topix index to… View Article
November 1, 2017
In European Equity Markets stocks rose to two-year peaks on Wednesday, lifted by resilient company earnings and record highs set in Asia and New York, though a 6 percent decrease in Standard Chartered shares kept the banking sector under a cloud. The pan-European STOXX 600 rose 0.6 percent to 397.43 points, a level last seen in… View Article
November 1, 2017
Morning all.. Wall St had another solid session with the S&P closing up 0.09% and the NASDAQ up 0.43%. In Asia the Nikkei showed another solid close; up 1.86% as we start the new month and USDJPY rallied and the BoJ left rates unchanged and policy set in stone. Shares advanced from Tokyo to Sydney…. View Article
November 1, 2017
In Asian Equity Markets Japanese stocks scaled a fresh 21-year high on Wednesday morning, cheered by booming profits for Japan Inc. including exporters such as Sony and Nitto Denko. The Nikkei jumped 1.2 percent to 22,295.86 in midmorning trade after reaching 22,301.42, the highest level since July 1996. The broader Topix gained 0.9 percent to 1,782.01, with… View Article
November 1, 2017
In European Equity Markets stocks held at five-month highs on Tuesday, ending October with a 1.8 percent monthly gain, the second in a row, as third-quarter data fueled confidence in the resilience of equity markets. The pan-European STOXX 600 index closed 0.4 percent with most bourses and sectors ending in positive territory as fresh data showed the… View Article
