Markets in a Flash · The USD seems to be regaining ground against the JPY after the currency pair showed the JPY rising. · The GBP/USD is trading just below the 1.600 level, near to its 6 month highs. A break though this level may be significant. · US equity futures are higher this morning indicating the equity markets will open higher at the bell.
Markets in a Flash · The JPY has started to look strong over the past few hours gaining against the USD and other currencies. · The USD is also looking strong against other currencies, this may as investor buy the greenback before the US’s employment report. · US equity futures have been fluctuating this morning but are currently posting slight gains ahead of the US session.
Markets in a Flash · Overnight Japanese markets closed higher, reversing yesterday’s losses. The Nikkei 225 was up +1.73%. · Equity markets in China finished lower overnight. The Shanghai index was down -0.67%, while the Hang Seng finished flat at +0.01%. · European equity markets are pushing higher this morning. The Stoxx 50 is up +0.55% after it opened flat this morning.
Markets in a Flash · Overnight Japanese markets closed lower. This may be as the JPY appreciated investors see exporters getting hurt. The Nikkei 225 was down -2.11%. · Equity markets in China and Hong Kong finished higher overnight. The Hang Seng index was up +0.43%, while the Shanghai index was up +0.44%. · European equity markets are down today but as trading continues they are starting to regain their losses. The Stoxx 50 is down less than -0.50%
Markets in a Flash · Asian equity markets continued their rise last night. The Nikkei finished up +1.29%, while the Hang Seng finished up +0.21%. · European equity markets are slightly down this morning. This is after yesterday strong rise took them to new recent highs. · Commodities are looking strong today and are pushing to fresh 3 month highs. Oil is trading above the $81.00 level. Wheat prices fell after their recent gains as Russia calmed fears of export problems.
Markets in a Flash · Asian equity markets closed higher this morning. The Hang Seng Index was higher by +1.82%, while the Japanese Nikkei 225 was higher by +0.35%. · European equity markets have retraced Fridays losses and all higher. The FTSE 100 is up by +1.89% at lunchtime in London. · Commodities are pushing higher at the start of the weak as investor look for more risk. Oil has broken above $79.50. Gold is falling as investors avoid its safety, and it is now below $1180.
Markets in a Flash · Asian equity markets closed down across the board last night. The Nikkei was down -1.64%, while the Shanghai index was down -0.4%. · European equity markets are falling this morning ahead of the US GDP figures. The FTSE 100 is down -0.57% at lunchtime London time. · Commodities are mixed in today trading session. Oil is falling back in correlation with equities while Gold is gaining as investors find safety.
• Asian equity markets had a mixed session overnight. The Hang Seng finished flat +0.01% up. The Nikkei 225 was down -0.59%. • European equity markets are making gains today and are progressively getting higher. This is on the back of strong European economic data. • Commodities are pushing higher this morning. Oil and Gold are both trading higher in today’s session while copper is up over +1%
Markets in a Flash · Asian equity markets closed up across the board overnight posting strong gains. The Nikkei 225 was up + 2.70%, while the Shanghai Index was up +2.26%. · European equity markets started the day positive but at the European lunchtime the markets had fallen into negative territory. The FTSE 100 was down more than -0.25%.
Asian equity markets were mixed last night, no real direction shone through. The Hang Seng was up +0.64%, while the Nikkei 225 was down -0.07%. · European equity markets are up today. The Stoxx Europe 50 was up +1.2% at 0730ET. The FTSE 100 is up +0.83% at the same time. · Commodities are mainly up this morning. Brazilian export problems push sugar to a 4 month high. Oil is trading slightly above $79 while Gold is struggling below $1200 as the risk appetite rises.
Markets in a Flash · Asian equity markets made gains over night. The Nikkei 225 closed up 0.77% while the Hang Seng closed up 0.12%. · European equity markets are flat today and are fluctuating between gains and losses. The Stress test results of Friday do not seem to have brought much direction to the markets. · Commodities are mixed and Oil has fallen 0.84% today. Natural gas is also down on news of gas production in China.
The USD started the past week strongly, making good headway against most of its counterparts. However it dropped sharply on Thursday, from 83.3 to 82.6 according to US Dollar Index. The depreciation was mainly caused by Bernanke’s comments and a slew of European data showing signs of a recovery.