Wraps

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Opening Wrap – Wednesday, June 19, 2019

In Asian Equity Markets indices rose in Wednesday morning trade following positive developments overnight on the U.S.-China trade front. Mainland Chinese stocks were up as the Shanghai composite rose 1.47% and the Shenzhen component gained 2.37%. Hong Kong’s Hang Seng...

Closing Wrap – Thursday, June 13, 2019

In European Equity Markets stocks rebounded Thursday as Germany’s 5G auction drove the telecoms index higher, while a tanker incident caused oil prices to jump. The pan-European Stoxx 600 ended up 0.1%. British plumbing company Ferguson topped the Stoxx 600 in...

Opening Wrap – Thursday, June 13, 2019

In Asian Equity Markets indices fell on Thursday morning following an overnight decline for stocks on Wall Street. Hong Kong’s Hang Seng index fell 1.01% in early trade. The benchmark index closed 1.73% lower on Wednesday, amid violent clashes between protesters and...

Closing Wrap – Wednesday, June 12, 2019

In European Equity Markets the pan-European Stoxx 600 ended down 0.26%. Oil and gas stocks led losses with a 2.1% decline, while banks fell 1.1%. Media stocks were the strongest performer with a 0.7% gain. French technology giant Dassault Systemes has agreed to...

Opening Wrap – Wednesday, June 12, 2019

In European Equity Markets indices mixed on Wednesday morning. Mainland Chinese shares slipped in early trade, with the Shanghai composite declining 0.2%. Meanwhile, Hong Kong’s Hang Seng index dropped 1.3% as protests continued in the city on Wednesday over the...

Closing Wrap – Tuesday, June 11, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.72% during the session, basic resources jumping 2.8% while autos also climbed 1.7%, with most sectors trading in positive territory. British luxury fashion brand Ted Baker fell 30% after the company...

Opening Wrap – Tuesday, June 11, 2019

In Asian Equity Markets indices rose on Tuesday morning following overnight comments from U.S. President Donald Trump on his country’s trade war with China. In Japan, the Nikkei 225 recovered from its earlier decline to trade up by 0.22% and the Topix index added...

Closing Wrap – Monday, June 10, 2019

In European Equity Markets the pan-European Stoxx 600 edged 0.2% higher during the session, basic resources leading gains with a 1.2% rise while utilities fell 0.7%.  Fiat Chrysler (FCA) and Renault are seeking ways to resuscitate their collapsed merger and secure the...

Opening Wrap – Monday, June 10, 2019

In Asian Equity Markets indices traded higher on Monday morning after U.S. President Donald Trump’s announcement last week that tariffs would not be slapped on Mexican goods. Mainland Chinese stocks were higher in early trade, with the Shenzhen component adding...

Closing Wrap – Friday, June 7, 2019

In European Equity Markets indices  traded higher Friday as disappointing U.S. nonfarm payroll figures boosted speculation of an interest rate cut from the Federal Reserve. The pan-European Stoxx 600 was up 1% during the afternoon session, technology stocks leading...

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