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Stock Market News (European Open) – European stocks decline modestly; Japanese equities surge after holiday

Posted on September 19, 2017 at 10:03 am GMT

As Japanese markets were back in business after yesterday’s “Respect for the Aged Day” holiday, major indices in the country enjoyed the bullish reaction that equity benchmarks across the world had experienced the day before. Specifically, the Nikkei 225 gained nearly 2.0%, while Japan’s broader index, the Topix, advanced by an also impressive 1.8%, rising to its highest since August 2015. Hong Kong’s Hang Seng lost 0.4%, the Shanghai Composite fell by 0.2% and Australia’s S&P/ASX 200 declined by 0.1% [..]

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Stock Market News (European Open) – Risk-on across the board; Stoxx 600 records 7-week high

Posted on September 18, 2017 at 10:01 am GMT

In terms of Asian indices, Hong Kong’s Hang Seng finished the day higher by an impressive 1.3%. The Shanghai Composite rose by 0.3% and Australia’s S&P/ASX 200 by a bit less than 0.5%. South Korea’s Kospi performed the strongest since early May, gaining close to 1.4%. Japanese markets were closed for a public holiday. The risk-off trades during Friday’s trading after North Korea performed another missile test were short-lived, failing to have much of an impact on investors’ appetite for [..]

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Stock Market News (European Open) – N. Korean missile launch already priced in?

Posted on September 15, 2017 at 10:09 am GMT

North Korea today yet again launching a missile that flew over Japan and landed into the Pacific Ocean did dampen appetite for risk, though not as much as similar actions in the past. In particular, market reaction indicated that either such a move was expected – at least to a large extent – or that it was perceived as a continuation of provocation from recent weeks rather than adding to tensions. Indicative of this is the fact that perceived safe [..]

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Stock Market News (European Open) – Equity rally takes a breather; miners remain under pressure

Posted on September 14, 2017 at 9:55 am GMT

The rally in stocks earlier in the week, effectively on Monday and Tuesday, was not sustained mid-week. The Nikkei 225 and the broader Japanese index, the Topix, both contracted by 0.3% after rising in the three preceding days. Hong Kong’s Hang Seng built on yesterday’s decline to finish the day lower by 0.4%. The Shanghai Composite was down by a similar proportion and Australia’s S&P/ASX 200 edged lower by 0.1%. Further dampening risk sentiment today were Chinese data on fixed [..]

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Stock Market News (European Open) – Stock rally eases; European equities retreat in early trading

Posted on September 13, 2017 at 10:05 am GMT

In Asian equities, the Nikkei 225 managed to finish the day higher by a bit less than 0.5%. This is the third straight day that the Japanese benchmark has finished in the green, though its gains were limited relative to the more than 1% added in each of the two preceding days. The Topix, which more broadly gauges Japanese equity performance, closed 0.6% higher, again not managing to match performance from earlier in the week. Hong Kong’s Hang Seng was [..]

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Stock Market News (European Open) – Global equities rally; UN Security Council to vote on N. Korea

Posted on September 11, 2017 at 9:53 am GMT

Stock markets are on a positive footing in today’s trading with hefty gains being posted by major indices around the world. North Korea did not proceed with a missile launch, as reports had suggested, when the country celebrated its founding day on Saturday, while Hurricane Irma, despite having quite a negative impact on the US, it still wasn’t as devastating when it hit the country over the weekend as was initially feared. Both these developments are spurring traders’ appetite for [..]

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Stock Market News (US Open) – European shares lifted by ECB but modest start for US stocks

Posted on September 7, 2017 at 1:47 pm GMT

Major indices in Europe all turned positive by mid-morning after a mixed start to the trading day. Shares got a further lift after the European Central Bank kept policy unchanged at its meeting today. Germany’s DAX was the biggest gainer, rising by 1% by midday, while the French CAC 40 was up 0.7%. London’s FTSE 100 was up by a less 0.5% as mining stocks weighed on the index. The pan-European STOXX 600 index also trailed other indices to stand [..]

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Stock Market News (European Open) – Geopolitics divert attention from fundamentals with most major indices heading lower

Posted on September 6, 2017 at 9:54 am GMT

In Asia, the Nikkei 225 continued building on losses from previous days, though today’s decline was more modest than in the two preceding days. Specifically, the index fell by 0.1%. The broader Japanese index, the Topix, edged 0.1% higher. Australia’s S&P/ASX 200 fell by 0.3%, more than reversing yesterday’s gain. Hong Kong’s Hang Seng declined by a more considerable 0.5%, while the Shanghai Composite was up by less than 0.1%. Geopolitical uncertainty relating to tensions in the Korean peninsula keeps [..]

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Stock Market News (European Open) – European markets broadly in the green; Asia mixed

Posted on September 5, 2017 at 9:24 am GMT

Out of Asia, the Nikkei 225 as well as the broader Japanese index, the Topix, added to yesterday’s losses to finish the day 0.6% and 0.8% lower respectively. In similar fashion, South Korea’s Kospi was 0.1% down. The Shanghai Composite closed 0.2% higher while Australia’s S&P/ASX 200 moved up by 0.1%. Hong Kong’s Hang Seng was flat on the day. Turning to Europe, major indices in the continent were all trading in the green during morning European trading hours. The [..]

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Stock Market News (US Open) – European markets finish day in the red; US closed for Labor Day

Posted on September 4, 2017 at 1:59 pm GMT

European markets remained in negative territory on rekindled tensions in the Korean peninsula after North Korea proceeded with a nuclear test during the weekend. US markets are closed today for Labor Day on a day when futures on major Wall Street indices are recording losses. During afternoon European trading hours, the UK’s FTSE 100 and the French CAC 40 were down by 0.3%, while the German DAX was down by 0.2%. At the same time, the pan-European Stoxx 600 and [..]

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