Marks&Spen

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US Open Preview – Excluding antipodeans, greenback remains in the green; US jobless claims & producer prices in focus

Posted on January 11, 2018 at 12:18 pm GMT

Here are the latest developments in global markets: FOREX: The US currency remained in the green relative to most majors though it – for the most part – gave up on a portion of gains made earlier in the day. The dollar index traded 0.1% higher at 92.45. The antipodean currencies were the ones advancing notably relative to the greenback, tracking fresh multiweek highs versus the US currency. Aussie/dollar was 0.3% up, after previously touching 0.7886, a level last reached [..]

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Stock Market News (European Open) – European stocks decline modestly; Japanese equities surge after holiday

Posted on September 19, 2017 at 10:03 am GMT

As Japanese markets were back in business after yesterday’s “Respect for the Aged Day” holiday, major indices in the country enjoyed the bullish reaction that equity benchmarks across the world had experienced the day before. Specifically, the Nikkei 225 gained nearly 2.0%, while Japan’s broader index, the Topix, advanced by an also impressive 1.8%, rising to its highest since August 2015. Hong Kong’s Hang Seng lost 0.4%, the Shanghai Composite fell by 0.2% and Australia’s S&P/ASX 200 declined by 0.1% [..]

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Stock Market News (European Open) – Equity rally takes a breather; miners remain under pressure

Posted on September 14, 2017 at 9:55 am GMT

The rally in stocks earlier in the week, effectively on Monday and Tuesday, was not sustained mid-week. The Nikkei 225 and the broader Japanese index, the Topix, both contracted by 0.3% after rising in the three preceding days. Hong Kong’s Hang Seng built on yesterday’s decline to finish the day lower by 0.4%. The Shanghai Composite was down by a similar proportion and Australia’s S&P/ASX 200 edged lower by 0.1%. Further dampening risk sentiment today were Chinese data on fixed [..]

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Stock Market News (US Open) – European indices to finish last day of week in positive tone; US opens higher

Posted on August 25, 2017 at 2:01 pm GMT

Major European indices were broadly heading higher as the continent was getting closer to the end of this week’s trading. The Dow Jones Industrial Average, S&P 500 and the Nasdaq 100 also started trading in green territory. The FTSE 100, DAX 30 and CAC 40 were all up by 0.3% during afternoon European trading hours. It is also noteworthy that the FTSE is recording its fourth straight day of advances. In the meantime, the pan-European STOXX 600 was also up [..]

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