Microsoft

post-image

European Open Preview – Dollar on the defensive ahead of FOMC; eurozone inflation on the horizon

Posted on January 31, 2018 at 8:43 am GMT

Here are the latest developments in global markets: FOREX: The dollar index continued to retreat on Wednesday, trading 0.2% lower ahead of the FOMC policy decision later in the day. STOCKS: Japanese markets were on the defensive, with the Nikkei 225 and the Topix indices falling 0.8% and 1.2% respectively, as the recent surge in bond yields continued to undermine investors’ sentiment towards equities. This was also evident by the underperformance of US indices yesterday, with the S&P 500, Dow Jones [..]

post-image

Stock Market News – Pfizer in focus as earnings season remains under way

Posted on January 29, 2018 at 2:29 pm GMT

Pharma giant Pfizer will be releasing its Q4 2017 financial results before Tuesday’s opening bell on Wall Street. The consensus recommendation for the company is “hold”, with the average consensus recommendation for the Pharmaceuticals peer group being a “buy”.    Pfizer’s EPS are expected to come in at $0.56, with the average EPS estimate remaining unchanged over the last four weeks. If earnings are released as expected, this would reflect an increase of more than 19% relative to Q4 2016 [..]

post-image

Stock Market News – Tech selloff: an opportunity to buy the dip?

Posted on December 5, 2017 at 4:22 pm GMT

Following the Senate’s approval of the tax bill over the weekend, the Dow Jones Industrial Average posted a record-high close during Monday’s trading. Despite finishing at an all-time high though, positive sentiment from earlier in the day was not maintained and the blue-chip index gave up on most of its earlier gains. The S&P 500 slid by 0.1%, with technology stocks being a notable underperformer dragging the index lower from a 0.9% gain at its session high, and the tech-heavy [..]

post-image

Stock Market News (European Open) – Spanish stocks underperform; Nikkei longest streak of gains on Abe landslide

Posted on October 23, 2017 at 10:04 am GMT

In Japanese equities, the Nikkei 225 and the broader Topix once again finished the day in the green, extending their multi-year high closes; the Nikkei added 1.1% and the Topix rose by 0.8%, closing at their highest since 1996 and 2007 respectively. Hong Kong’s Hang Seng declined by 0.6%, while the Shanghai Composite added 0.1%. Australia’s S&P/ASX 200 fell 0.2%.  The Nikkei recorded its longest streak of gains – 15 consecutive days – as it finished in positive territory today. [..]

post-image

Stock Market News (US Open) – Modest gains in Europe; tech stocks attempting recovery in US

Posted on September 26, 2017 at 1:59 pm GMT

Beyond company fundamentals, ongoing tensions between North Korea and the US, as well hints on the future direction of monetary policy by the world’s major economies, were on equity traders’ radar during today’s trading. Major indices in Europe were fluctuating between gains and losses throughout the session’s trading. Stoxx 600, the pan-European index, last traded 0.1% higher. Its performance ranged from -0.1% to 0.2%, touching a fresh two-month peak at its highest.  In terms of country indices, the FTSE 100 [..]

post-image

Stock Market News (European Open) – Monetary policy, geopolitics on equity traders’ focus; Stoxx 600 up in morning trading

Posted on September 26, 2017 at 9:52 am GMT

North Korea yesterday accused the US of declaring war on the country, giving it the right for countermeasures, including shooting down US war jets even if they’re flying outside its air space. This is not the first time that such a statement (i.e. the US declaring war on North Korea) has been made by Pyongyang, though given what preceded this time round it may carry more weight than in the past. Rhetoric between the US and North Korea getting heated [..]

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.