November 30, 2017
In Asian Equity Markets Japan’s Nikkei index edged lower on Thursday in choppy trade as tech shares fell sharply following a decline in their U.S. counterparts overnight, offsetting gains in banking shares. The Nikkei shed 0.2 percent to 22,557.58 points in mid-morning trade after flirting with positive territory earlier. The broader Topix shed 0.1 percent to 1,783.79. MSCI’s… View Article
November 30, 2017
Morning all.. A real mixed bag in equities as tech stocks sell off whilst more traditional stocks rallied; a clear rotation taking place. The NASDAQ closed down 1.27% whilst the Dow finished 0.44% higher on Wall St and the rotation seems to be on-going in Asia with the heavy tech indices of HK, Korea and… View Article
November 23, 2017
In European Equity Markets the pan-European STOXX 600 index ended flat on Thursday, while euro zone blue chips erased early losses to trade up 0.3 percent after business surveys for the bloc cemented optimism on the economy. Centrica fell 15.5 percent after it lost 823,000 or about 6 percent of its energy customers in four months and full-year earnings… View Article
November 23, 2017
In Asian Equity Markets moves were mostly minor with Japanese markets closed for a holiday and the United States off for Thanksgiving. MSCI’s broadest index of Asia-Pacific stocks outside Japan eked out a fresh 10-year peak with a rise of 0.15 percent. In Greater China, the Shanghai Composite fell 0.86 percent and the Hang Seng Index edged up 0.07 percent above… View Article
November 23, 2017
Morning all.. Wall St had a mixed session into the Thanksgiving Holiday with the S&P closing down Marginally, the Nasdaq up marginally and the Dow finishing down 0.27%. The main story though was in FX where USDJPY led the dollar lower as US yields fell and the curve continues to flatten. Despite USDJPY weakness and… View Article
November 23, 2017
In European Equity Markets stocks fell after two days of gains on Wednesday, led by the DAX, which was hit by a bounce in the euro as well as deadlock in attempts to form a new German government. The pan-European STOXX 600 benchmark closed 0.3 percent lower, with the DAX falling 1.2 percent following strong gains in the previous… View Article
November 22, 2017
In Asian Equity Markets Japan’s Nikkei index rose to a near two-week high on Wednesday, buoyed by gains in large-cap stocks such as SoftBank and Fanuc, and financial companies as global growth hopes lifted the mood across world markets. The Nikkei ended 0.5 percent higher at 22,523.15, the highest closing level since Nov. 10. The broader Topix… View Article
November 22, 2017
Morning all.. Wall St saw a strong rally and all indices made new record highs with the S&P closing up 0.65% and the NASDAQ rising by more than 1%. To a lesser degree we saw Asian stocks follow with the Nikkei up 0.48% and Shanghai up another 0.25%. The Hang Seng hit 30,000 at one… View Article