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Closing Wrap – Tuesday May 7, 2019

In European Equity Markets the pan-European STOXX Europe 600 was 1.5% lower at the closing bell, with most sectors and major bourses seeing heavy losses. Europe’s banking stocks showed the most substantial slide, falling 2.6% with Barclays, HSBC and Standard...

Opening Wrap – Tuesday May 7, 2019

In Asian Equity Markets the Nikkei 225 in Japan, which returned to the first day of trade following an extended holiday period, fell 0.89% in early trade as shares of index heavyweight Fanuc declined more than 3%. Over in South Korea, where markets were closed on...

Closing Wrap – Monday May 6, 2019

In European Equity Markets stocks fell on Monday, after President Donald Trump said the U.S. would hike tariffs on goods from China. Germany’s DAX and France’s CAC closed down by around 1%, trimming some heavy losses seen earlier in the session. The decline was quite...

Opening Wrap – Monday May 6, 2019

In Asian Equity Markets Japanese financial markets remain closed until Tuesday for a national holiday, but Nikkei 225 futures fell 1.8 percent to 22,085. Stocks in Australia declined in morning trade on Monday following a re-escalation in U.S.-China trade tensions as...

Closing Wrap – Friday May 3, 2019

In European Equity Markets the pan-European Stoxx 600 Index closed up around 0.4% during Friday trade, with most sectors and major bourses in positive territory. Looking at individual stocks, Societe Generale was also trading higher. It comes after France’s...

Opening Wrap – Friday May 3, 2019

In Asian Equity Markets fell on Friday morning trade, following a second day of losses overnight on Wall Street as investors continued to grapple with recent comments by U.S. Federal Reserve Chairman Jerome Powell. In South Korea, the Kospi declined 0.11% in early...

Closing Wrap – Thursday May 2, 2019

In European Equity Markets the pan-European Euro Stoxx 600 Index ended the session 0.6% lower. All major bourses and most sectors were in negative territory at the closing bell. Looking at individual stocks, Volkswagen reported first-quarter earnings in line with...

Opening Wrap – Thursday May 2, 2019

In Asian Equity Markets indices were mixed in morning trade. South Korea’s Kospi recovered from its earlier declined to gain 0.18% in morning trade, as shares of industry heavyweight Samsung Electronics rose 0.11% and chipmaker SK Hynix soared 2.53%. The ASX 200 in...

Closing Wrap – Wednesday May 1, 2019

In European Equity Markets trading activity was closed for major exchanges due to May Day holiday.   In Currency Markets the U.S. dollar fell against a basket of other currencies on Wednesday as a disappointing report on manufacturing activity rekindled worries...

Opening Wrap – Wednesday May 1, 2019

In Asian Equity Markets stocks in Australia advanced in Wednesday morning trade as most major Asian markets remained closed for holidays. The ASX 200 gained 0.71% as the heavily weighted financial subindex Down Under added about 1.5%. Shares of Australia’s so-called...

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