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Opening Wrap – Wednesday, January 15, 2020

In Asian Equity Markets most indices headed lower on Wednesday as investors awaited the signing of an initial US-China trade deal, with sentiment somewhat dented by comments from the US Treasury Secretary that tariffs would remain in place for now. MSCI's broadest...

Closing Wrap – Tuesday, January 14, 2020

In European Equity Markets the pan-European Stoxx 600 closed 0.24% higher having jumped between red and black multiple times during a choppy session. Household goods stocks added 0.65% on average and travel and leisure stocks notched a 0.75% gain. Oil and gas sector...

Opening Wrap – Tuesday, January 14, 2020

In Asian Equity Markets indices were mostly higher. The Nikkei 225 climbed 0.51%. Shares of technology conglomerate Softbank rose 3.22%. In South Korea, the Kospi gained 0.38%. Australia’s S&P/ASX 200 was up 0.64% as major miners gained. Fortescue Metals was up...

Closing Wrap – Monday, January 13, 2020

In European Equity Markets the pan-European Stoxx 600 fell 0.24% by the late afternoon, with autos falling 1.1% to lead losses while tech and utilities stocks added 0.3%. Pennon Group shares jumped 6% after the Telegraph newspaper reported that the British water...

Opening Wrap – Monday, January 13, 2020

In Asian Equity Markets indices mostly rose by Monday morning as investors await the signing of a phase-one trade deal between the U.S. and China. In South Korea, the Kospi rose 0.72%, with cosmetics stocks notching significant gains. Japan’s markets are closed for a...

Closing Wrap – Friday, January 10, 2020

In European Equity Markets the pan-European Stoxx 600 ended up 0.1%, with utilities stocks surging 1.4% while retail stocks retreated by around 0.7%. EasyJet shares jumped 3.4% after competitor Ryanair raised its full-year profit forecast. Ryanair stock was up by 5.7%...

Opening Wrap – Friday, January 10, 2020

In Asian Equity Markets indices were mostly in positive territory on Friday following the easing of U.S.-Iran tensions, and after U.S. stocks shot to new highs overnight. Hong Kong’s Hang Seng index lost 0.10%. In Japan, the Nikkei 225 rose 0.25%, while the Topix was...

Closing Wrap – Thursday, January 9, 2020

In European Equity Markets the pan-European Stoxx 600 gained 0.3% higher at the closing bell, with tech and telecoms stocks adding more than 1% while basic resources fell 0.8%. Marks & Spencer shares fell more than 10% after the British retailer reported a 0.6%...

Opening Wrap – Thursday, January 9, 2020

In Asian Equity Markets indices rebounded Thursday after U.S. President Donald Trump’s comments on the Iran conflict eased investor worries about further escalation of geopolitical risks in the Middle East. The Nikkei 225 in Japan gained 1.9%, erasing its losses from...

Closing Wrap – Wednesday, January 8, 2020

In European Equity Markets the pan-European Stoxx 600 ended 0.1% lower at the closing bell, with travel and leisure stocks adding 0.6% to lead gains while food and beverages slipped 0.6%. Shares of London-listed NMC Health fell 16% after two investors sold their...

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