Chinese share markets were choppy in response to the news that Chinese authorities had weakened the Yuan. The CSI300 index was down 0.3 percent, while Shanghai stocks slipped 0.2 percent after scoring hefty gains on Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan lost its early gains to drop by 0.7 percent. Japan’s Nikkei […]
US Stocks ended the week slightly lower as strong jobs growth data kept the door open for a US rate rise from the Federal Reserve as early as September whilst Asian shares ended Monday’s session slightly higher but still hovered near one and a half year lows, as weak Chinese data compounded the slowdown in […]
Asian shares dropped for a third consecutive week and US stocks ended in negative territory as weak earnings caused a down turn in the media sector and investors became cautious that today’s Nonfarm payrolls could move the Fed to raise interest rates as early as next month. The Dow fell 0.69% to close at 17,419.75 […]
Asian shares ended lower on Thursday whilst US stocks were mixed in the previous session after comments from the Fed cooled expectations for a September rate hike and worst than expected results from Disney meant the stock had its largest daily drop in nearly seven years. The Dow fell 10 points to close at 17,540, […]
Asian shares were mixed and the Dow ended lower for a third straight session as investors and the markets braced themselves for a US interest rate hike as early as next month and Apple shares slid to their lowest in six months. The Dow fell 0.27% to end at 17,550.69 and the S&P 500 lost […]
Asian shares ended in slightly positive territory after US PMI data came in worse than expected and gave the Federal Reserve something to think about regarding the timing of an Interest rate hike later this year. US stocks were dragged lower as falling oil prices caused energy shares to drop to a three year low […]
US Stocks fell on Friday as the energy sector’s fall was strong enough to offset the wage data that supported an interest rate hike in the States as early as September. Over in Asia a basket of indices outside of Japan touched 2015 lows thanks to China’s economic slowdown and the selloff in the commodity […]
US stocks ended fairly flat yesterday, as lacklustre corporate earnings and the slowdown in China further dampened investors confidence. The Dow closed at 17,745, the S&P500 was hardly unchanged at 2108. The Shanghai Composite closed down by 1.13%, bringing the end to a tough week for the Chinese index, which by around a tenth in […]
The United States saw Crude Oil Inventories reduce yesterday, falling into negative territory from a previous result of 2.5m barrels to a negative result of 4.2m barrels. Federal Funds Rate remained flat at 0.25% and a pokerfaced FOMC meeting avoided any strong indication that an interest rate was set for September. Today at 13:30 UK […]
Chinese indices closed up this morning, bolstered by the hope that Chinese central bank would take further steps to try and rectify the problems in its markets whilst trying to protect its economy. Meanwhile, in the US stocks snapped a five day losing streak as attention moved away from recent fluctuations in China to focus […]
The stochastic oscillator is a technical tool that was popularized by George Lane. It is a momentum indicator based on the idea that in an uptrending market the close tends to be near the high of the price bar, and in a downtrending market the close tends to be near the low of the price […]
The Shanghai Composite continued yesterday’s 8.5% drop by falling another 1.68%; Monday’s session saw the Chinese index suffer its worst drop in 8 years; the Chinese regulator has pledged to purchase shares in a further attempt to stabilise the market. Meanwhile, the US also felt the effects of the Asian session; the Dow dropped by […]
Asian shares started the week on a tough note this morning, with Chinese markets plummeting after government intervention proved unsustainable. After significant drops over the past few months, a period of brief calm induced by a significant amount of government intervention had kept the Shanghai Composite somewhat steadier in recent weeks – but this period […]
When I was in college, I had this weekly ritual. I’d drive home to my parents’ house every Friday, run inside to say hello, grab some food, and leave several bags of dirty laundry to be picked up the next morning. One Friday during my sophomore year, though, the music stopped. I set out on […]
Asian equities dropped on Thursday after Chinese PMI data came out worse than expected, hitting 15 month lows and further compounding concerns that the region is struggling to emerge from the current economic slump. US stocks also fell for a third straight session after poor corporate results added concern for profit outlook for this periods […]
US and Asian shares ended in negative territory after some mixed economic data hit the market and mixed results from Apple pushed the technology sector lower. The technology company announced some strong figures in terms of revenue and general device sales, but fell short in terms of sales numbers for its flagship iPhone product – […]
Asian equity markets dropped on Wednesday after weak tech giant earnings assisted a sell-off in U.S. equities The Nikkei finished 1.2% lower at 20593.67, retreating from its six day rally after nearly reaching a 4 week closing high of 20868.03. U.S. stocks fell on Tuesday as earnings results from IBM and United Technologies disappointed market […]
Asian and US shares edged slightly higher in the previous session due to investors confidence being boosted by some better than expected corporate earnings, pushing Wall Street to new highs. However, gains were curbed by the recent drop in commodities, particularly gold and crude. The Dow rose 13 points to close at 18,100, while the […]
Asian and US stocks were mixed on Friday for a fifth straight session; a major rally in Google which sent the Nasdaq to another record high at 5210, however, gains were limited as energy stocks weighed on the markets and investors were cautious about taking high risk positions into the weekend. The Dow closed 33 […]
Both US and Asian stocks closed higher in their respective sessions as Chinese shares extended their recovery and a set of strong earnings by US companies such as Netflix and eBay pushed markets northward, with the Nasdaq up more than 1% to close at 5,163, another record high. The Dow closed 70 points higher at […]
A mixed overnight session for stocks, as the US finished the session in slight negative territory due to comments from Fed Chairwoman Janet Yellen and a decline in energy shares which couldn’t be halted by a rebound in the financial sector. Asian Shares finished the session in positive territory after a bailout plan put forward […]
There was a mixed session overnight, with Asian stocks giving back most of their gains due to a slump in Chinese Shares despite positive trade data, whilst US stocks continued their upward rally for a fourth straight session as oil prices rebounded, helping to lift the energy sector. The Dow continued its longest winning streak […]
Both US and Japanese equities ended higher in their respective sessions after a conditional agreement was made between Greece and its creditors for a bailout that would halt the countries debt crisis for the time being. However, the uncertainty surrounding this – with both the Greek and other European governments still to vote on the […]
US stocks ended Friday’s session higher after traders took positions in the hope that a deal would be reached between Athens and its creditors to avoid bankruptcy and keep the debt-ridden country in the Euro. The Dow climbed 211 points to close at 17,760, while the S&P500 rose 25 points to close at 2,076. Asian […]
The United States saw Unemployment claims drop 15 thousand to 297 thousand from the previous of 282 thousand. Today we are expecting the Fed chair Yellen to give a speech about the economic outlook at 5:30 this evening UK time. On Wall Street stocks climbed with the tech heavy Nasdaq gaining 0.01%, the Dow Jones […]
Chinese equities surged on Thursday after the Chinese securities regulator banned shareholders with large stakes in listed companies from selling their holdings, this is Beijing’s most drastic step yet to halt a sell-off that has agitated global financial markets. A temporary halt in Chinese’s shares saw the CSI300 index of the largest listed companies in […]
Asian stocks tumbled on Wednesday as the slowdown in China took a further grip on the markets. Investors have been selling both large and small cap equities, turning against the Chinese Government’s attempts to stabilise the market whilst nearly half of all listed companies on China have suspended trading, an act of damage limitation. Over […]
A majority of Asian equity indices dropped overnight, bar Japans Nikkei 225 which closed up 1.31%. Chinese equity markets went into a fresh tailspin, investors nerves already anxious by uncertainty hanging over the future of Greece’s membership in the European Union currency block. Chinese stocks fell more than 5 percent at one point despite unprecedented […]
The Greek people voted overwhelmingly on Sunday to reject the proposed terms of a bailout, risking financial ruin in a show of defiance that could fracture Europe. With nearly half of the votes counted, official figures showed 61 percent of Greeks rejecting the bailout offer. An official interior ministry projection confirmed the figure as close […]
The Shanghai Composite suffered through another miserable session earlier today, closing down by 5.77%. The index has dropped by just over 12% in a 5 day period, although it is still up by almost 14% since the beginning of 2015. The Chinese Government has been implementing a strong drive to get its citizens to invest […]
