Wraps

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Closing Wrap – Friday, December 20, 2019

In European Equity Markets the pan-European Stoxx 600 climbed 0.72% by the closing bell, with chemicals,  and food and beverages leading gains. All sectors except banks and autos traded in positive territory. Cruise ship operator Carnival topped the FTSE and Stoxx 600...

Opening Wrap – Friday, December 20, 2019

In Asian Equity Markets stocks were mixed in morning trade on Friday, as U.S. markets broke a new record, with positive news on the trade front further boosting sentiment. Mainland Chinese stocks rose in early trade. The Shanghai composite was up 0.18%. Hong...

Closing Wrap – Thursday, December 19, 2019

In European Equity Markets stocks were mixed Thursday as investors digested economic data and interest rate decisions from central banks, with markets showing minimal reaction to U.S. President Donald Trump’s impeachment. The pan-European Stoxx 600 hovered around the...

Opening Wrap – Thursday, December 19, 2019

In Asian Equity Markets shares in Japan were lower on Thursday as the Bank of Japan kept monetary policy steady. The Nikkei 225 slipped 0.3% by the lunch break in Tokyo as shares of FamilyMart dropped more than 1.5%. The Topix index also declined 0.22%. Elsewhere,...

Closing Wrap – Wednesday, December 18, 2019

In European Equity Markets stocks were mixed on Wednesday as investor caution returned following U.K. Prime Minister Boris Johnson’s vow to block an extension of EU trade talks beyond 2020, reviving fears of a “cliff-edge” Brexit. The pan-European Stoxx 600 inched...

Opening Wrap – Wednesday, December 18, 2019

In Asian Equity Markets indices were tepid on Wednesday morning, as risks of a no-deal Brexit ramped up again overnight. In mainland China, the Shanghai composite was flat. Hong Kong’s Hang Seng index rose 0.23%. Over in South Korea, the Kospi was flat, as was...

Closing Wrap – Tuesday, December 17, 2019

In European Equity Markets stocks traded lower Tuesday as caution returned following a worldwide rally on the back of a “phase one” U.S.-China trade deal. The pan-European Stoxx 600 fell 0.6%. Oil and gas and utilities stocks bucked the trend to climb 0.8% and 0.65%...

Opening Wrap – Tuesday, December 17, 2019

In Asian Equity Markets shares rose to their highest in eight months on Tuesday. Japan's Nikkei hit its firmest in more than year and Hong Kong's Hang Seng rose half a percent. Australia’s S&P/ASX 200 eked a tiny extension to Monday’s big gains. The Kospi in South...

Opening Wrap – Monday, December 16, 2019

In Asian Equity Markets stocks jumped on Monday, as data showed that the country’s industrial output and retail sales rose more than expected in November. The Shanghai composite rose 0.29%.  Shenzhen’s Nasdaq-style start-up board ChiNext bounced 1.54%. Hong...

Closing Wrap – Thursday, December 5, 2019

In European Equity Markets the pan-European Stoxx 600 closed flat. Retail and construction stocks were among the top-performing sectors. Luxury stocks granbbed the headlines outperformed on reports that Kering is considering buying the Italian brand Moncler. Shares of...

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