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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 (US Open) – European stocks reverse gains; US opens lower following Labor Day holiday

Posted on September 5, 2017 at 1:57 pm GMT

Major indices in Europe didn’t manage to maintain positive momentum from early European trading hours, giving to a large extent a mixed picture as markets in the continent were getting near the day’s close. In the bigger picture, European indices gave up part of the gains made earlier in the day with a number of them reversing into red territory as well. The Spanish blue-chip index IBEX 35 was the one deepest in losses, being down by 0.3% during afternoon [..]

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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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Stock Market News (European Open) – North Korean nuclear test dampens risk sentiment; Europe down across the board

Posted on September 4, 2017 at 9:54 am GMT

Most indices in Asia closed the day lower after risk sentiment was dampened on the back of renewed tensions in the Korean peninsula. The catalyst for risk-off trades this time round was North Korea’s nuclear test over the weekend. The Nikkei 225 finished the day 0.9% lower with the broader Japanese index, the Topix, even further down, specifically by 1.0% with all industry sectors in the red. Hong Kong’s Hang Seng closed 0.8% lower, Australia’s S&P/ASX 200 0.4% down and [..]

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Stock Market News (US Open) – Europe starts month in the green; Dow exceeds 22,000

Posted on September 1, 2017 at 2:36 pm GMT

As trading progressed, European indices remained well on course for their third consecutive daily advance. The pan-European Stoxx 600, giving a broader view of European equity markets, was up by a hefty 0.7% on the day, though it should also be mentioned that in the bigger picture it recorded its third straight monthly decline during August, falling a bit less than 1.2%. Meanwhile, the closely watched FTSE 100, DAX and CAC 40 were all up by 0.2%, 1.0% and 0.9% [..]

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Stock Market News (European Open) – European equities rise for 3rd straight day; Futures point to higher open on Wall Street

Posted on September 1, 2017 at 9:22 am GMT

Most Asian indices advanced today, reflecting the risk-on sentiment that remains in equity markets after tensions in the Korean peninsula are seen as abating, at least for the time being. The Nikkei 225 finished the day 0.2% higher and the broader Japanese index, the Topix, 0.1% higher. Australia’s S&P/ASX 200 closed 0.2% up, the Shanghai Composite 0.2% up as well on a day when Caixin’s manufacturing PMI for mainland China was released at its highest since February, pointing to solid [..]

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Stock Market News (US Open) – Miners dominate FTSE outperformers; US markets open higher

Posted on August 31, 2017 at 1:58 pm GMT

The main indices in Europe were well on course to finish in positive territory for the second straight day. Italy’s FTSE MIB was up the most during late European trading hours, by a bit more than 1.1% to be precise. The Italian benchmark is 13.1% up year-to-date, having the best performance among major European indices. Financials within the index have staged a comeback after efforts to cleanse the balance sheets of banks from the drag of non-performing loans. Beyond the [..]

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Stock Market News (European Open) – European benchmarks maintain positive momentum; Carrefour plunges; Asian markets mixed

Posted on August 31, 2017 at 9:11 am GMT

Major indices in Europe picked up from where they left off yesterday, once again opening in the green. The picture from Asia was more of a mixed one, with the Nikkei 225 and the broader Japanese benchmark, the Topix, finishing the day 0.7% and 0.6% higher respectively. However, Hong Kong’s Hang Seng was down by 0.4% and the Shanghai Composite down by 0.1%. Australia’s S&P/ASX 200, which finished the day flat yesterday, today rose by a hefty 0.8%. During morning [..]

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Stock Market News (US Open) – Stock markets in Europe remain in the green, underpinning risk-on mood

Posted on August 30, 2017 at 2:12 pm GMT

As European equity markets were getting near the day’s close, major indices in the continent remained in the green, though to a large extent they consolidated gains made during early European trading hours rather than adding to them. Comments by the US President and his North Korean counterpart following North Korea’s latest missile test were interpreted as less toxic than in the past and helped boost appetite for risk on a global scale during today’s trading, though, as the US [..]

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