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Closing Wrap – Wednesday, October 16, 2019

In European Equity Markets the pan-European Stoxx 600 slightly pared early losses to end the session just 0.05% below the flatline, with financial services falling 0.9% to lead losses while auto stocks climbed 1.6%. Shares of Norwegian seafood company Mowi jumped over...

Opening Wrap – Wednesday, October 16, 2019

In Asian Equity Markets hares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union. Japan's Nikkei jumped 1.5%, hitting...

Closing Wrap – Tuesday, October 15, 2019

In European Equity Markets the pan-European Stoxx 600 was 1% higher at the closing bell. Retail and banking stocks climbed 2.4% to lead gains as all sectors traded in positive territory. Wirecard fell 12.8% to the bottom of the Stoxx 600 after the Financial Times...

Opening Wrap – Tuesday, October 15, 2019

In Asian Equity Markets indices inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week. MSCI’s broadest index of Asia-Pacific shares outside Japan was up...

Closing Wrap – Monday, October 14, 2019

In European Equity Markets the pan-European Stoxx 600 closed down around 0.5%, with basic resources stocks shedding over 2% to lead losses as almost all sectors and major bourses traded in negative territory. In terms of individual stocks, Britain’s Jupiter Fund...

Opening Wrap – Monday, October 14, 2019

In Asian Equity Markets markets pushed higher on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen. Australia’s main index gained 0.9% and South Korea firmed 1.3%. While Tokyo was on...

Closing Wrap – Friday, October 11, 2019

In European Equity Markets the pan-European Stoxx 600 closed up by more than 2%, with bank shares rising close to 5% higher as most sectors and all major bourses traded in positive territory. In corporate news, Renault ousted CEO Thierry Bollore in a shareholder vote...

Opening Wrap – Friday, October 11, 2019

In Asian Equity Markets mainland Chinese stocks edged up in early trade, with the Shanghai composite up about 0.2% and the Shenzhen composite fractionally higher. Hong Kong’s Hang Seng index jumped 1.31%, with shares of CNOOC jumping 3.13%. The Nikkei 225 in Japan...

Closing Wrap – Thursday, October 10, 2019

In European Equity Markets the pan-European Stoxx 600 closed 0.8%, after fluctuating for much of the session. Trade-sensitive sectors autos and basic resources led the gains, adding over 2% and 3%. In terms of individual stocks, luxury goods maker LVMH climbed more...

Opening Wrap – Thursday, October 10, 2019

In Asian Equity Markets the Nikkei 225 in Japan fell 0.6% as shares of index heavyweight and robot maker Fanuc fell 1.82%. The Topix index also declined 0.88%. Core machinery orders in the country fell for the second consecutive month in August, according to Cabinet...

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