All Articles Tagged - UK100

Stock Market Update – US tech selloff spreads to other markets; bullish sentiment in Europe; US tax bill & energy eyed ahead of OPEC

Posted on November 30, 2017 at 11:35 am GMT

A selloff in tech stocks yesterday in the US reverberated into Asia today with the sector underperforming and weighing on major benchmarks. The Nikkei 225 and the Topix, which more broadly gauges Japanese equity performance, finished the day higher by 0.6% and 0.3% respectively. Hong Kong’s Hang Seng lost 1.5% with all industry sectors in the red and technology being the worst performer. The Shanghai Composite slid by 0.6%. Australia’s S&P/ASX 200 declined by 0.7% with tech again being the [..]

Stock Market Update – Markets pay little attention to N. Korean ICBM launch; Europe broadly up; FTSE hurt by rising sterling

Posted on November 29, 2017 at 11:10 am GMT

Asian equities didn’t seem much affected by a North Korean intercontinental ballistic missile launch (ICBM) that landed in the Sea of Japan, the first such launch in more than two months. The Japanese Nikkei 225 and the Topix indices finished higher by 0.5% and 0.8% respectively. Hong Kong’s Hang Seng lost 0.2% and the Shanghai Composite gained 0.1%. The South Korean Kospi declined by 0.05%. Australia’s S&P/ASX 200 advanced by 0.45%. Markets not paying much attention to Pyongyang’s latest move [..]

Stock Market Update – European stocks higher; miners dominate FTSE decliners as metals continue retreat; US tax reform eyed

Posted on November 28, 2017 at 11:09 am GMT

Most major Asian benchmarks finished lower during today’s trading though their losses were limited. The Nikkei 225 closed marginally lower and Japan’s broader gauge of equity performance, the Topix, was down by 0.3%. Hong Kong’s Hang Seng finished only marginally down, and the Shanghai Composite added 0.3%. Chinese equities posted a rebound after being under pressure earlier in the day, as government efforts to curb financial market risks in the economy continue. Australia’s S&P/ASX 200 lost 0.1%. President Trump will [..]

Technical Analysis – UK100 index enters Ichimoku cloud; neutral bias intact

Posted on November 27, 2017 at 3:15 pm GMT

UK100 paused its recent downtrend at a six-week low of 7349.80 on November 20 and has been trading flat around that level since then, painting a neutral picture in the short-term. In the medium-term, the index is also in a consolidation phase. The index is currently located inside the Ichimoku cloud, retracing the 50% Fibonacci level of the upleg from 7194.70 to 7588.66 (September 15 – November 7) at 7391.04. In the short-term, the bias is likely to remain neutral [..]

Stock Market Update – Europe broadly up; Asian equities decline; US tax reform at center of attention

Posted on November 27, 2017 at 11:30 am GMT

Asian equities were broadly on the decline today. The Japanese Nikkei 225 and Topix indices both finished the day lower by 0.2% after erasing earlier gains. Hong Kong’s Hang Seng Index declined by 0.6% and the Shanghai Composite fell by 0.9%. Australia’s S&P/ASX 200 added 0.1%. The Thanksgiving holiday in the US during the previous week meant little developments on the tax reform front. This week though, deliberations to pass the relevant legislation are once again on the forefront and [..]

Stock Market News (European Open) – Europe on the rise, gains though limited; Chinese equities partially recover

Posted on November 24, 2017 at 9:47 am GMT

Major Asian benchmarks edged higher for the most part today, though their gains were contained. In Japan, the Nikkei 225 and the Topix finished the day up by 0.1% and 0.2% respectively, both rebounding from a 0.6% decline earlier in the day. The two benchmarks are up on the week – their tenth weekly gain in eleven – after the fall in the week that preceded. Following yesterday’s selloff on the back of government efforts to reduce financial risks such [..]

Stock Market News (European Open) – Europe broadly down; Chinese stocks decline sharply; US markets closed for Thanksgiving

Posted on November 23, 2017 at 10:28 am GMT

With Japanese markets closed for Labor Thanksgiving Day, attention shifted to other Asian markets. Hong Kong’s Hang Seng lost 1.0% after yesterday closing at a 10-year high and the Shanghai Composite retreated by 2.3% to record its worst daily performance of the year. Australia’s S&P/ASX 200 finished the day flat. Sentiment is China was negatively affected on the back of government warnings of an overextended market and increased deleveraging efforts on fears of a looming credit crisis. Bond markets are falling [..]

Stock Market News (European Open) – Bullish sentiment across global equity markets; European equity gains though limited

Posted on November 22, 2017 at 9:21 am GMT

Asian stock markets extended their gains during today’s trading with major benchmarks hitting fresh multi-year highs or coming close to recently hit multi-decade peaks. In Japan, the Nikkei 225 and Topix indices added 0.5% and 0.3%, coming closer to their highest since the early 1990s. Hong Kong’s Hang Seng rose by 0.6%, closing at a fresh decade high as well as above the 30,000 mark, while the Shanghai Composite advanced by 0.6%. Australia’s S&P/ASX 200 gained 0.4%. The Dow Jones [..]

Stock Market News (European Open) – European stocks head lower, losses limited though; Hang Seng at decade high

Posted on November 21, 2017 at 9:37 am GMT

Equities in Asia were broadly on the rise during today’s trading. The Nikkei 225 and the Topix, which more widely gauges Japanese equity performance, finished the day higher by 0.7% and 0.65% respectively. Hong Kong’s Hang Seng added 1.9%, closing at its highest in a decade, and the Shanghai Composite rose by 0.55%. Australia’s S&P/ASX 200 advanced by 0.3% as RBA minutes pertaining to the central bank’s early November meeting showed policymakers not being confident about rising wage growth and [..]

Stock Market News (European Open) – European stocks post short-lived losses on failed German coalition talks; Asian shares weaken

Posted on November 20, 2017 at 12:04 pm GMT

In Asia, Tokyo’s Topix Index declined by 0.20%, while the Nikkei 225 was trading 0.60% lower amid losses on Wall Street due to tax uncertainties in the US and a stronger yen. Chinese stocks rebounded despite the PBOC unveiling new regulations to mitigate financial risks in the asset management industry after investors realized that the new rules would take effect at a gradual pace. Hong Kong’s Hang Seng index gained 0.21%. The Shangai Composite index climbed by 0.28%. In Australia, the S&P/ASX 200 index was [..]

Legal disclaimer: The material does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instruments. XM accepts no responsibility for any use that may be made of these comments and for any consequences resulting in it. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. The research and analysis does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it.

It has not been prepared in accordance with legal requirements designed to promote the independence of research, and as such it is considered to be marketing communication. Although we are not specifically constrained from dealing ahead of the publication of our research, we do not seek to take advantage of it before we provide it to our clients. We aim to establish, maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. We operate a policy of independence, which requires our employees to act in our clients’ best interests and to disregard any conflicts of interest in providing our services.

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losing all of your invested capital, so please make sure that you fully understand the risks involved.

UK100

XM Live Chat