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Asia Equities Rally on Friday Wall Street Highs as Regional Indices Start Week Up

Jan 09 2017 @ 04:46
With Wall Street finishing Friday on a high despite mixed feelings resulting from the highly anticipated U.S. jobs report, Asian indices moved higher in unison on Monday, with the exception of the Nikkei 225 which was not trading due to a national holiday in Japan. While the number of new jobs created in December came […]
 

Wall Street Forecast for Flat Opening Defied Despite Disappointing Jobs Data

Jan 06 2017 @ 11:31
Pre-open, futures for the 3 major indices had suggested a flat opening after the anticipated jobs data announcement came in short of forecasts. Analysts had expected non-farm payroll employment numbers to show an increase of 175,000 jobs in December with the actual figure almost 20,000 less at 156,000. Unemployment came in as per estimates at […]
 

FTSE 100 watch: Footsie steady as non-farm payrolls undershoot expectations

Jan 06 2017 @ 10:07
The UK benchmark index has steadied in afternoon trade, staying little changed after the highly-anticipated US jobs report fell short of forecasts. In individual movers, Worldpay (LON:WPG) has climbed to the top of the FTSE 100 leaderboard following an upgrade at Exane BNP Paribas. As of 14:00 GMT, the Footsie had added 5.75 percent to […]
 

France (CAC) 40 on Upward Trajectory Mid-Afternoon

Jan 06 2017 @ 10:02
Having opened down on Friday and having spent the morning relatively flat on that opening level the France (CAC) 40 has recently taken a sharp upward turn. While it remains to be seen whether that impetus can be held for long enough to keep the CAC in positive territory for the day, losses have been […]
 

Germany 30 Down as Retail Sales and Factory Orders Data Disappoint

Jan 06 2017 @ 09:22
Friday trading has been cautious across Europe today with market participants waiting for the U.S. Department of Labour’s report on jobs growth and unemployment to provide an indication as to whether faster than anticipated interest rate rises by the Fed are likely. Traders waiting for this signal from the U.S., combined with disappointing German retail […]
 

Oil Prices Slide Again while Gold Hits 5-week High

Jan 06 2017 @ 06:09
Oil prices have slipped after recording a second day of gains on Thursday during trading in the U.S. WTI for February delivery gained 0.9% to $53.76 a barrel following a U.S. Energy Information Administration report that crude stockpiles for the week ending December 30th had declined by 7.1 million barrels. However, into Friday’s Asian session […]
 

Nikkei 225 Down on Thursday While Other Asian Indices Mainly Up

Jan 05 2017 @ 04:41
A stronger yen, in the upper echelons of the 116 yen-to-USD range, led to Thursday losses for the exporter-heavy Nikkei 225 on Thursday as it finished the week’s penultimate trading session 0.37% down. The Nikkei’s PMI score for the services sector came in at 52.3, up from November’s 51.8 and composite PMI showed it best […]
 

European Indices Take Late Afternoon Downturn into Losses

Jan 04 2017 @ 11:24
The majority of Europe’s equity indices started Wednesday up before early trading saw them dip and remain relatively flat into the afternoon. The last hour has seen a tendency towards a new downturn and while losses are unlikely to be particularly dramatic, most countries’ benchmark indices look set to finish the session in negative territory. […]
 

CAC 40 Flat as Consumer Sentiment Reading Matches Forecasts

Jan 04 2017 @ 10:31
France’s CAC 40 is bobbling along in a narrow range today, currently flat on Tuesday’s close. The index had opened up but lost that ground over the first hour of trading below dipping slightly below the break-even line and then recovering. It’s been holding relatively flat for the past two hours now and doesn’t look […]
 

DAX 30 Down Intraday as German Inflation Touches Three-Year High

Jan 04 2017 @ 08:44
Germany’s benchmark DAX 30 is down 0.25% today as data released on the Eurozone’s annual inflation rate has shown a 1.1% rise in December, the highest rate of growth since 2013. Forecasts had been for 1% and the reading is the first time that inflation has exceeded 1% since September 2013. Figures for only Germany […]
 
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