Wraps

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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...

Opening Wrap – Friday, June 7, 2019

In Asian Equity Markets indices traded mixed on Friday morning following positive developments overnight on U.S.-Mexico negotiations. The Nikkei 225 in Japan rose 0.28% in morning trade, with shares of robot maker Fanuc gaining 1.23%. In Australia, the ASX 200 gained...

Closing Wrap – Thursday, June 6, 2019

In European Equity Markets the pan-European Stoxx 600 closed just below the flatline, with sectors and major bourses in mixed territory. Gross domestic product (GDP) growth for the euro area was confirmed at 0.4% quarter-on-quarter and 1.2%...

Opening Wrap – Thursday, June 6, 2019

In Asian Equity Markets traded mixed on Thursday. In China, the Shanghai composite fell 0.48% and the Shenzhen composite was down 0.74%. Taiwan’s Taiex fell 0.52% while Hong Kong’s Hang Seng index inched up 0.1%.  Australia’s ASX 200 rose 0.61% as most sectors traded...

Closing Wrap – Wednesday, June 5, 2019

In European Equity Markets the pan-European Stoxx 600 closed up 0.3%, with utilities stocks making a nearly 1.3% gain while banks were one of a handful of sectors to fall into the red, slipping 0.5%. Atos’ payments division Worldline jumped over 6%, while French...

Opening Wrap – Wednesday, June 5, 2019

In Asian Equity Markets indices gained ground during Wednesday’s trade, following an overnight rally on Wall Street. Mainland Chinese stocks rose in early trade, with the Shanghai composite rising 0.42%. Hong Kong’s Hang Seng index also rose nearly 1%. Japan’s Nikkei...

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