Wraps

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Closing Wrap – Friday, August 16, 2019

In European Equity Markets the pan-European Stoxx 600 index closed up almost 1.3%, with all sectors and major bourses in positive territory. A technical glitch prevented Britain’s FTSE 100 from opening for almost two hours on Friday morning. It was the index’s longest...

Opening Wrap – Friday, August 16, 2019

In Asian Equity Markets indices traded lower Friday morning as investors watched yields on longer duration U.S. Treasurys. Hong Kong’s Hang Seng index shed 0.59% as shares of Chinese tech behemoth Tencent fell 1.09%. In Japan, the Nikkei 225 fell 0.18% as shares of...

Closing Wrap – Thursday, August 15, 2019

In European Equity Markets the pan-European Stoxx 600 finished the session down 0.33% in afternoon trade, autos leading losses with a 1.5% fall as the majority of sectors and major bourses fell into the red. Utilities were the standout performers, gaining 0.7%. In...

Opening Wrap – Thursday, August 15, 2019

In Asian Equity Markets indices fell on Thursday morning as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. In Japan, the Nikkei 225 fell 1.88% in morning trade, while the Topix index declined 1.73%....

Closing Wrap – Wednesday, August 14, 2019

In European Equity Markets the pan-European Stoxx 600 closed down 1.8%, with all sectors and major bourses trading firmly in the red.  British infrastructure group Balfour Beatty was the standout performer on Wednesday, with its stock rising 10% and having hit its...

Opening Wrap – Wednesday, August 14, 2019

In Asian Equity Markets indices traded higher Wednesday morning as the U.S. announced a delay in the implementation of tariffs on some Chinese goods. In Japan, the Nikkei 225 jumped 1.14% in early trade as shares of index heavyweight and robot...

Closing Wrap – Tuesday, August 13, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.6%. Markets had traded lower earlier in the session. Trade-sensitive sectors like autos and basic resources were among the biggest gainers. In terms of individual stocks, steel and mining...

Opening Wrap – Tuesday, August 13, 2019

In Asian Equity Markets indices traded lower on Tuesday morning as Hong Kong attempted to return to normalcy following protests in the last few days. The Hang Seng index fell 1.24% in morning trade. The city’s airport reopened on Tuesday after operations were crippled...

Closing Wrap – Monday, August 12, 2019

In European Equity Markets the pan-European Stoxx 600 closed down nearly 0.3%. The index had posted an almost 1% gain earlier in the session. Banks were the biggest fallers, led by a 5% slide for CYBG, while chemicals stocks were the best performers. In corporate...

Opening Wrap – Monday, August 12, 2019

In Asian Equity Markets stocks bounced back slightly in early trade Monday morning, following a volatile week for global markets last week as growing trade war fears dented investor sentiment. The Shanghai composite traded up 0.26%, while the Shenzhen composite edged...

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