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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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Stock Market News (European Open) – Stocks advance as Korean worries recede

Posted on August 30, 2017 at 9:17 am GMT

Seemingly deescalating Korean tensions led stock markets in Europe posting a rebound after yesterday’s hefty declines. During morning European trading hours all major European indices were in the green. The strong earnings environment on a global basis is also acting as a catalyst for the recovery. In particular, the FTSE 100, DAX and CAC 40 were up by 0.4%, 0.6% and 0.4% respectively. Financials which took a beating during yesterday’s risk-off mood are leading the gains in the FTSE (up [..]

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Stock Market News (US Open) – Sea of red spreads to Wall Street; DAX at 5-month low

Posted on August 29, 2017 at 2:04 pm GMT

For the most part, indices in Europe consolidated losses posted during early trading while US stock markets also started the day deep in red territory as tensions in the Korean peninsula are reignited after today’s missile launch by North Korea. In a statement that followed, US President Donald Trump said, among other things, that “all options are on the table” regarding this matter. The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite started the US trading day lower – down [..]

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Stock Market News (European Open) – North Korean missile launch sets risk-off mood

Posted on August 29, 2017 at 9:12 am GMT

Major indices in Australasia finished the day in the red today on the back of the risk-averse mood that set over the region on news that North Korea fired a missile that flew over Japan and landed in Pacific waters north-east of Japan. In particular, Hong Kong’s Hang Seng Index finished the day 0.4% down, the Australian S&P/ASX 200 0.7% down and Japan’s Nikkei 225 0.5% down after contracting by close to 1% earlier in the day to touch its [..]

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Stock Market News (US Open) – Strong euro, M&A deals, Hurricane Harvey and CEO move mark today’s key equity news

Posted on August 28, 2017 at 1:43 pm GMT

Market participants across the globe started yet another week with a mixed performance in equity markets. Most bourses in Europe were trading lower as the European session progressed while  US stocks opened higher, with the Dow Jones Industrial Average rising 0.18%, the S&P 500 up 0.23% and the Nasdaq Composite up 0.32%. The pan-European Stoxx 600 slid 0.17%, with the blue-chip Euro Stoxx 50 down 0.09%. Germany’s DAX was 0.08% lower ahead of the US open. Due to a bank holiday, [..]

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Stock Market News (European Open) – Amazon strings European retailers; yen, autos push Japan’s Nikkei higher

Posted on August 25, 2017 at 8:43 am GMT

Stocks in Europe were dragged lower by the retail index that fell on competition woes. In Asia, performance was mixed with the indices in Hong Kong and Japan gaining, while Australia’s S&P/ASX 200 slid 0.03%. Export reliant Japanese automakers topped the gainers in Japan’s Nikkei 225 that rose 0.51% as the yen has been heading for its worst weekly loss in almost two months. While the Nikkei rose on the day, the index is still down for the sixth consecutive [..]

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Stock Market News (US Open) – World equities trade higher as investors await Jackson Hole key speeches

Posted on August 24, 2017 at 1:57 pm GMT

All major bourses traded higher during European trading hours with the three main US indices also advancing, in a light-volume market. The pan-European STOXX 600 rose 0.54%, while the blue chip STOXX 50 gained 0.61%. The Dow Jones Industrial Average advanced 0.16%, the S&P rose 0.18% and the Nasdaq Composite gained 0.27% after the market opened. Investors will be analyzing events at Jackson Hole, most notably keen to get updates from Mario Draghi and Janet Yellen, both due to speak [..]

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