US equity markets rose sharply overnight as recent economic data signalled that the global economy is showing signs of improvement, although central bankers were quick to emphasise that the good news may be temporary. The Dow Jones industrial average rose 165.22 points, or 0.94 percent, to 17,828.76, the S&P 500 gained 24.69 points, or 1.19 […]
The United States’ Employment cost index fell in line with expectations at 0.6% on Friday. Wall Street closed lower last week with the tech heavy Nasdaq gaining 0.40%, the Dow Jones ended down 0.52% and the S&P finished 0.48% lower. USD/YEN is currently around 120.662 and is up on the day approximately by 0.12%. EUR/USD […]
US stocks ended the session slightly lower, as better than expected jobless claims data was offset by weaker than expected US GDP numbers and the threat of US rate rise this year kept investors nerves on edge. Asian shares however bucked the trend and ended the final session of the week in positive territory, on […]
Asian shares fell and the Dollar stood tall on Thursday, after the U.S. Federal Reserve revived market expectations that it may yet raise interest rates by year-end. U.S. stocks ended sharply higher on Wednesday after a volatile session as the Federal Reserve gave a vote of confidence in the U.S. economy by signalling a December […]
Both US and Asian stocks closed in the red in the previous session as investors took risk off the table due to uncertainty over a US rate rise ahead of the Federal Reserve Policy meeting that finishes today. Investors will be looking for cues from the Fed’s language regarding whether the market will see a […]
The United States announced worse than expected New Home Sales yesterday, whilst tomorrow the Fed will announce their rate decision. On Wall Street there was a mixed bag last night with the tech heavy Nasdaq gaining 0.06%, the Dow Jones ended down 0.13% and the S&P finished 0.19% lower. Dollar YEN is currently around 120.50 […]
US stocks ended the week in positive territory thanks to a rally in tech shares, Microsoft’s earnings beating expectations and a rebound in healthcare stocks. The Dow closed 157 points higher at 17646, the SP500 rose 22 points to close at 2075. Asian markets started the week in the black and are close to wiping […]
After the ECB signalled it was ready to extend its QE programme, US stocks had a strong one day session, with the S&P500 gaining 33 points, closing at a two month high of 2052 and Wall St rallying 320 points to close at 17489. The rally was extended in Asia with the Nikkei closing at […]
US Stocks fell in the previous session as a fall in commodity prices hit energy stocks and a massive share price drop from Valeant Pharmaceuticals hit the healthcare sector The Dow fell 48 points to close at 17,168, while the S&P500 dropped 11 points to close at 2018. Meanwhile, Asia saw a mixed session […]
Newly released figures show that due to low demand from China, Japanese export data grew at its slowest rate since mid 2014. This lack of demand resulted in copper prices slipping to two week lows and the commodity-heavy Australian index closing 0.6% lower. In light of these poor results, expectations were raised that the Bank […]
Asian equities had mixed results on Tuesday after commodity prices languished in the wake of China’s soft growth data and dampened risk sentiment. With the Hang Seng Down 0.88% at a level of 22874.48 and the Shanghai composite trading at 3400.93 up 0.43% and the Nikkei 225 trading up 0.42% at a level of 18207.15. […]
US equities ended in positive territory with Wall St hitting its highest level in eight weeks, led by strong earnings from Citigroup and eight of the S&P500 sectors increasing by over 1%. The Dow finished 217 points higher at 17,141, while the S&P500 rose 29 points to close at 2023. Asian shares followed the lead […]
Worse than expected results from US heavy weights Wal-Mart and JP Morgan caused US stocks to end in negative territory, with the Dow slipping 157 points to close at 16924 while the S&P500 lost 9 points to close at 1994. Asian stocks, however, bucked the trend to rise to two month highs after poor US […]
The United States saw losses across the board yesterday, with frustration high over the position of equivocation seemingly embraced by the US Federal Reserve with regards to Interest Rate Rises; the tech heavy Nasdaq losing 0.87%, the Dow Jones down 0.29% and the S&P finishing 0.68% lower. These losses rolled over into the Asian session, […]
Official figures have shown that China’s September imports have fallen more than expected by 17.7% in Yuan-denominated terms. The figure leaves the world’s second largest economy with its weakest growth in 25 years and a trade surplus of 376.2bn Yuan. With the government’s attempt to shift the economy from export to consumer led, the significant […]
US Stocks ended the week in positive territory, with the S&P500 having its best week of 2015 so far as the threat of a US rate hike this year fizzled out and investors had their eyes on the Q3 2015 reporting season which gets into full swing this week, with major US Investment banks all […]
US stocks ended the session in positive territory, driven by rising oil prices and dampened expectations of 2015 US rate hike rise, with the S&P500 closing at a seven week high, up 17 points at 2013, while the Dow closed 138 points higher at 17050. Asian stocks also ended higher this morning, taking their cues […]
The US markets saw gains yesterday, with a particular surge from biotech stocks. The tech heavy Nasdaq gaining 0.90%, the Dow Jones up 0.73% and the S&P finishing 0.80% higher. Investors are keeping a close eye on the S&P500 in particular, with the index edging closer to that psychologically important 2K level. The S&P spent […]
US stocks experienced choppy waters on Tuesday, with focus shifting towards upcoming quarterly reports in the US, which are expected to reflect a downturn in corporate earnings. The Dow Jones Industrial Average closed 0.08% higher at 16 790.19, whereas the SP 500 lost 0.36% to 1979.92 and the tech heavy NASDAQ composite dropped 0.69% to […]
Expectations that the U.S. Central bank will not raise interest rates this year helped lift Asian equity markets to two-week highs on Tuesday. The MSCI’s broadest index of Asia-Pacific shares bar Japan was up 0.8 percent in afternoon trade, after earlier touching its highest levels since September 18th. The Nikkei225 ended up 1 percent at […]
US stocks finished the session in positive territory after a volatile session which saw worse than expected pay roll data give way to a rally energy a material stocks that helped the Dow to close 1% higher at 16472, the S&P500 rose a point, bouncing 3 % off its intraday lows to close at 1951. […]
Both the Nasdaq (4627) and the S&P500 (1923) closed in positive territory with the Dow (16272) closing slightly negative as investors fears around global growth took effect causing a selloff in emerging market assets. Its nonfarm payroll Friday today and U.S. employers are likely to add jobs at a strong pace in September, a sign […]
US stocks ended the quarter on a positive note through a combination of investors bargain hunting and a bounce back from the biotech sector. This however was only temporary relief as Wall St had its worst quarter since 2011 and global equities had their weakest quarter in four years. Asian stocks started the first quarter […]
Both US and Asian stocks ended in positive territory after a volatile session in which a weak outlook for commodities, China’s flagging economy and the health of the global economy gripped markets. The Dow closed at 16049 the S&P500 at 1884. Commodity currencies stalled while the U.S. dollar held firm. The Canadian dollar traded near […]
US stocks closed slightly in the red on Monday and are set to post the worst quarter in four years after concerns regarding the Chinese economies health and the regions data as well as the impact of interest rates rising in the states. Asian shares collapsed to three and a half year lows. The Dow […]
US Shares ended the week with a mixed session with The S&P 500 erasing an early Fed-driven rally to close down slightly on Friday, as a sell off in biotechs offset gains in banking shares. The Nasdaq fell 1%, while the Nasdaq Biotech Index tumbled 5.1% and retested its low from August, when it entered […]
After a volatile session US markets ended in negative territory due to uncertainty over timing of an interest rate hike and Caterpillar cut its sales forecasts and investors retreated from Healthcare stocks. Asian markets were mixed with the Shanghai composite down 1.6% in the red after Janet Yellen suggested that the Fed is on course […]
Both US and Asian stocks ended in negative territory, after worse than expected Chinese and US factory data and a selloff in automobile shares panicked investors. The Dow fell 50 points to close at 16,279, while the S&P500 dropped 3 points to close at 1,938. The Euro, having recoiled from a three-week low of $1.1105 […]
The United States saw losses on the expectation of weak data coming from the Chinese PMI announcement. On Wall Street stocks fell last night with the tech heavy Nasdaq losing 1.50%, the Dow Jones down 1.09% and the S&P finished 1.23% lower. Dollar YEN is currently around 120.12 and is flat on the day. EUR/USD […]
After last week’s Federal Reserve decision to keep interest rates unchanged over worries about the global economy, US shares edged higher on Monday. The Dow Jones industrial average rose 125.61 points, or 0.77%, to 16,510.19, while the S&P 500 gained 8.94 points, or 0.46%, to 1,966.97 and the Nasdaq Composite added 1.73 points, or 0.04, […]
