Wraps

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  • In European Equity Markets stocks rose on Tuesday, boosted by strong results and deal-making across the region, recovering from the previous session's sentiment-fuelled decline. The pan-European STOXX 600 index was up 0.3 percent, with deals in focus as rumours of stake sales moved individual stocks, while criticism of the Tesco takeover dented wholesaler Booker. Wholesaler Booker was also among top fallers, down 1.9 percent after two major Tesco shareholders opposed a $4.7 bil...

  • In Asian Equity Markets Japan's Nikkei index rebounded from more than a six-week low on Tuesday morning due to a pause in the yen's strong trend, with most sectors rose to positive territory.  MSCI's broadest index of Asia-Pacific stocks outside Japan added 0.6 percent. Japan's Nikkei jumped 1 percent, its biggest one-day gain in more than two weeks, while Australian stocks were up 1.1 percent. Hong Kong's main Hang Seng added 0.6 percent. China's market was one of the region's ...

  • In European Equity Markets stocks finished in the red Monday, alongside a slide for global equities, as investors continued to worry the Trump administration will not be able to push through its reforms. The Stoxx Europe 600 index lost 0.4 percent to end at 375.01, though it finished above its session lows.  Banks were among the notable decliners in Europe on Monday. Shares of Lloyds Banking Group PLC lost 1.6 percent, UBS Group AG fell 0.6 percent, D...

  • In Asian Equity Markets Japan's Nikkei index skidded on Monday, battered by a resurgent yen and deepening last week's 1.3 percent loss. The Nikkei was down 1.5 percent at the end of morning trade at 18,970.79. The broader Topix was down 1.4 percent at 1,522.84, while the JPX-Nikkei Index 400 also shed 1.4 percent to 13,612.58. MSCI's broadest index of Asia-Pacific stocks outside Japan was broadly flat after posting its first weekly decline last week ...

  • In European Equity Markets stocks closed lower on Friday, with a key health-care-bill vote in the U.S. keeping investors on edge going into the weekend. The Stoxx Europe 600 index lost 0.2 percent to end at 376.51. Germany's DAX 30 index rose 0.2 percent to 12,064.27, while France's CAC 40 index  fell 0.2 percent to 5,020.90. The U.K.'s FTSE 100 index lost 0.1 percent to 7,336.82. Smiths Group PLC ro...

  • In Asian Equity Markets Japan's Nikkei share average gained on Friday as the yen took a breather from its recent strength, but the Nikkei was still poised for a weekly loss. The Nikkei was up 1 percent at 19,275.18 at the end of morning trade, shrugging off early weakness and moving decisively away from the previous session's 1-1/2-month lows. The broader Topix percent added 1 percent to 1,545.73, while the JPX-Nikkei Index 400 also rose 1 percent to 13,822.67. Australia...

  • In European Equity Markets stocks shook off early weakness to close firmly higher Thursday, getting a boost from an upbeat session in the U.S. ahead of a key vote on a health-care bill. After a wobbly start to the day, the Stoxx Europe 600 index ended 0.9 percent higher at 377.20. Next PLC jumped 8.1 percent after the fashion retailer maintained its final dividend at £1.05 and confirmed its guidance for the current year. Gemalto NV ...

  • In Asian Equity Markets the Nikkei index fell to a 1-1/2 month low in choppy trade on Thursday morning as a political scandal centering on the wife of Japanese Prime Minister Shinzo Abe sapped domestic investor sentiment. The Nikkei was down 0.4 percent at 18,973.75 in mid-morning trade, its lowest intraday level since Feb. 9, after opening a tad higher. The broader Topix fell 0.1 percent to 1,528.36 and the JPX-Nikkei Index 400 declined 0.1 percent to 13,666.82. M...

  • In European Equity Markets stocks hit a two-week low on Wednesday, extending losses from the previous session, weighed down by weaker banks and a plunge in security services firm Gemalto following a profit warning. The pan-European STOXX 600 index ended down 0.4 percent, little affected by an attack in London near the British parliament which left several people injured. Dutch lender ING Groep was among the biggest fallers, down 4 percent after disclosing a criminal in...

  • In Asian Equity Markets Japan's Nikkei share average skidded on Wednesday, taking its cue from a sell-off on Wall Street and a rise in the perceived safe-haven yen. The Nikkei was down 2 percent at 19,065.37 at the end of morning trade, plumbing its lowest intraday levels since late February. The broader Topix fell 1.9 percent to 1,533.90, while the JPX-Nikkei Index 400 was down 2 percent at 13,712.86. MSCI's broadest index of Asia-Pacific st...

  • In European Equity Markets stocks ended lower on Tuesday, reversing earlier gains as jitters about U.S. President Donald Trump's ability to push through reforms overshadowed soothing news from the French presidential debate. The pan-European STOXX 600 index ended down 0.5 percent. German heavyweight bank Deutsche Bank was a top gainer, 4.3 percent above its theoretical ex-rights price as the subscription period for its 8 billion euro capital hike ...

  • In Asian Equity Markets Japan's Nikkei index fell to a 1-1/2-week low on Tuesday morning as financial stocks were battered after U.S. yields fell, while index-heavyweight SoftBank tumbled and weighed on the index. The Nikkei fell 0.5 percent to 19,432.71 in midmorning trade after a public holiday on Monday. The broader Topix lost 0.2 percent to 1,563.28 and the JPX-Nikkei Index 400 shed 0.2 percent to 13,986.79. MSCI's broadest index of Asia-Pacific stocks o...

  • In European Equity Markets stocks hit their highest level in 15 months on Thursday after the Federal Reserve signalled no pick-up in the pace of monetary tightening and centre-right Prime Minister Mark Rutte won elections in the Netherlands. The pan-European STOXX 600 index ended up 0.7 percent at 377.73. Amsterdam's AEX index hit its highest level in more than nine years, also rising 0.6 percent, while both Germany's DAX and France's CAC 40 hit their highest levels sin...

  • In Asian Equity Markets stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued to drag the dollar lower. MSCI's broadest index of Asia-Pacific stocks outside Japan added 0.1 percent. Chinese stocks added 0.2 percent, while Hong Kong's Hang Seng  advanced 0.6 percent. But Australian stocks lost 0...

  • In European Equity Markets stocks edged higher on Friday, though weaker auto stocks euro zone banks weighed. The Stoxx Europe 600 index climbed 0.7 percent to end at 377.73.  The euro zone bank index rose as much as 1.4 percent before paring gains and ended the session down 0.1 percent, weighed by losses in Erste Group Bank, ABN AMRO Group and Deutsche Bank, which all fell between 1.5 percent to 1.9 percent. ...

  • In Asian Equity Markets Japan's Nikkei index fell on Friday as the yen held steady against the dollar after the U.S. Federal Reserve signalled fewer interest rate hikes than some investors had expected. The Nikkei shed 0.4 percent to 19,521.59. For the week, the benchmark index lost 0.4 percent, before Japan's three-day weekend. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, set to end the week with a 3.5 percent gain, its biggest inc...

  • In European Equity Markets stocks hit their highest level in 15 months on Thursday after the Fed signalled no pick-up in the pace of monetary tightening and centre-right Prime Minister Mark Rutte won elections in the Netherlands. The pan-European STOXX 600 index ended up 0.7 percent at 377.73, after touching 377.76, its highest level since December 2015. Amsterdam's AEX index hit its highest level in more than nine years, also rising 0.6 percent, while both Germany's DAX and Fran...

  • In Asian Equity Markets Japanese stocks declined on Thursday, hurt by the dollar's fall against the yen as the U.S. Federal Reserve signalled fewer future rate hikes than many expected and by Fast Retailing Co's tumble on a media report. The Nikkei shed 0.1 percent to 19,557.35 in midmorning trade. MSCI's broadest index of Asia-Pacific shares outside Japan jumped 1.2 percent to its highest level since mid-2015. Shanghai stocks added 0.7 percent with investor...

  • In European Equity Markets stocks achieved their highest closing level in two weeks on Wednesday, boosted by basic resource and oil stocks, while French aeroplane seat-maker Zodiac fell after its latest profit warning. The pan-European STOXX 600 index was up 0.4 percent at its close. Zodiac was the biggest European faller, after it warned on profit after the close on Tuesday. The company, which engine maker Safran is seeking to acquire, said it sees full-year operating income fall...

  • In Asian Equity Markets stocks fell on Wednesday as investors took profits before a U.S. central bank policy meeting that could signal how much monetary tightening to expect during the remainder of the year, with an immediate rate hike fully priced in by markets.  The MSCI's broadest index of Asia-Pacific stocks outside Japan was down 0.3 percent after posting its second-biggest daily gain this year in the previous session. Japan's benchmark Nikkei average was down ...

  • In European Equity Markets stocks fell on Tuesday on uncertainty ahead of elections in the Netherlands and a U.S. interest rate decision later in the week. After four days of gains, the pan-European STOXX 600 index eased 0.2 percent, weighed down by banks, energy stocks and basic resources. Deal-making speculation was the main driver behind stock moves, with German utility RWE the biggest STOXX gainer, jumping nearly 8 percent after saying that it might cut its stake i...

  • In Asian Equity Markets stocks were mixed on Tuesday with data out of China supporting Shanghai and Tokyo lower after more troubles with Toshiba. In Japan, the fell 0.15 percent as Toshiba plunged 6.1 percent after the company announced it would postpone earnings filings again due to the need for more time with auditors to review its U.S. nuclear subsidiary Westinghouse. Australia's S&P/ASX 200 rose 0.08 percent with its energy sub-index up 1.21 pe...

  • In European Equity Markets stocks came off highs on Friday, as growing talk about central bank tightening in the region hit utilities and export-oriented stocks but continued to boost the heavyweight banking sector.  The German blue chip index fell 0.1 percent. But the pan-European STOXX 600 index managed to end in positive territory, up 0.1 percent Eurozone banks rose 1.8 percent at a 14-month high, led by gains of more than 5 percent in Germany's Commerzb...

  • In Asian Equity Markets Japan's Nikkei index edged up on Monday to brush an 11-day high as the yen remained on the defensive, although a wait-and-see mood ahead of this week's U.S. Federal Reserve meeting curbed the market's advance. The Nikkei was up 0.2 percent at 19,641.56 points after touching 19,656.48, its highest since March 2. The broader Topix added 0.2 percent to 1,577.07 points and the JPX-Nikkei Index 400 was also 0.2 percent higher, at 14,...

  • In European Equity Markets stocks rose on Friday, with gains underpinned by a rally among banks, energy stocks as well as BT as attention turned to closely-watched U.S. jobs data due later in the day. The pan-European STOXX 600 index was up 0.4 percent, set for its third straight session of gains. The index was on track to post a slight loss for the week.  The STOXX banking index also gained 1.1 percent and was the top sectoral p...

  • In Asian Equity Markets Japan's Nikkei index rose to a one-week high on Friday morning as exporters benefited from the dollar hitting six-week highs against the yen, while investors awaited U.S. jobs data later in the day to provide further evidence that U.S. interest rates are likey to rise. The Nikkei added 1.3 percent to 19,575.34 at the midday break after hitting as high as 19,582.75, the highest level since March 3. The broader Topix was up 1.1 percent to 1,571.68 ...

  • In European Equity Markets stocks finished modestly higher Thursday, with bank shares charging up as European Central Bank Mario Draghi suggested deflationary pressures have lessened, though energy shares lost ground as oil prices slid. The Stoxx Europe 600 rose 0.1 percent to close at 372.89. Among bank shares, Germany's Deutsche Bank AG climbed 1.4 percent, Spain's Banco Santander SA advanced 2.5 percent, and France's Société Générale ...

  • In Asian Equity Markets Japan's Nikkei index rose on Thursday, benefitting from a weaker yen after the dollar gained when U.S. jobs data cemented expectations the U.S. Federal Reserve is poised to raise interest rates next week. The Nikkei was up 0.15 percent at 19,283.10 at midday. The broader Topix edged up 0.1 percent to 1,552.45, while the JPX-Nikkei Index 400 also rose 0.1 percent to 13,886.33. MSCI's broadest index of Asia-Pacific stocks outside Japan fell ...

  • In European Equity Markets  shares rose on Wednesday, with results-driven gains from German sportswear company Adidas and British security company G4S partly offset by losses from EDF and Boskalis. The pan-European STOXX 600 index rose 0.1 percent, ending four straight days of losses. UK's FTSE closed 0.1 percent lower after Britain's budget statement delivered few surprises. Adidas rose 9.4 percent to a record high. It increased sales and profit growth...

  • In Asian Equity Markets stocks erased early losses and edged higher on Wednesday as strong China trade data bolstered bets of a recovering global economy, though gains were capped by caution ahead of a widely expected U.S. interest rate hike next week.  China's imports in February grew 44.7 percent from a year earlier on a yuan-denominated basis. Exports rose 4.2 percent. That pushed the MSCI's broadest index of Asia-Pacific shares outside Japan up by a quarter ...

  • In European Equity Markets stocks fell on Tuesday as stocks in big international drugmakers were hit after U.S. President Donald Trump tweeted about lowering drug prices. The STOXX 600 fell 0.3 percent, setting its fourth straight session of losses. The region's healthcare index was the top drag to the STOXX, down 1 percent, after Trump said he was working on a new system to increase competition and bring down drugs prices. Sector heavyweigh...

  • In Asian Equity Markets Japan's Nikkei index edged down on Tuesday, following Wall Street's lead, with investors deterred by geopolitical tensions after the North Korean missile tests, while buying continued to fuel in into small cap stocks. The Nikkei fell 0.2 percent to 19,344.15. The broader Topix was flat at 1,555.04 and the JPX-Nikkei Index 400 was flat at 13,918.61. MSCI's broadest index of Asia-Pacific stocks outside Japan rose almost 0.5 percent, after pulling b...

  • In European Equity Markets stocks closed lower on Monday, with the banking sector under pressure as German lender Deutsche Bank AG shares slid on its plans for a share sale. The Stoxx Europe 600 lost 0.5 percent to end at 373.27. Deutsche Bank lost 7.9 percent after the bank said it is planning an 8 billion euro share sale in a bid to strengthen its capital position. Peugeot SA gained 2.7 percent after the French a...

  • In Asian Equity Markets  Japanese stocks fell on Monday as the yen firmed and as global geopolitical tensions rose after North Korea fired four missiles, three of which landed in Japan's exclusive economic zone. The Nikkei index fell 0.5 percent to 19,385.71 points by mid-morning. The broader Topix shed 0.3 percent to 1,553.77 and the JPX-Nikkei Index 400 declined 0.3 percent to 13,907.63. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.2 ...

  • In European Equity Markets stocks posted their best weekly gains of 2017 of Friday, although they were down on the day following disappointing company updates. The pan-European STOXX 600 ended the day 0.1 percent lower and the France's blue-chip CAC 40 index closed up 0.7 percent.  Shares in French banks BNP Paribas, Societe Generale and Credit Agricole were top performers, last up 2.8 to 4.6 percent. Deutsche Bank fell aft...

  • In Asian Equity Markets Japanese stocks edged down on Friday as investors took profits before the weekend, after hitting a 14-month high the previous day on rising expectations for a U.S. interest rate hike this month. The Nikkei fell 0.2 percent to 19,536.39 points in mid-morning trade, after climbing to as high as 19,668.01 on Thursday, the highest intraday level since December 2015. The broader Topix fell 0.2 percent to 1,561.27 and the JPX-Nikkei Index 400 fell 0.3 ...

  • In European Equity Markets stocks paused for breath on Thursday after a strong rally in the previous session, though there were sharp gains from Britain's Melrose and Norway's Subsea after well-received results. The pan-European STOXX 600 index ended flat, weighed down by falls among basic resources and banking stocks. Subsea 7, the Norwegian oil services company, was up 5.5 percent after it posted a fourth-quarter earnings beat and said it would pay a special dividend...

  • In Asian Equity Markets Japan's Nikkei index hit a 14-month high on Thursday after Wall Street rose and the dollar gained on rising expectations the U.S. Federal Reserve will hike interest rates in March. The Nikkei gained 1.1 percent to 19,605.85 points in mid-morning trade, after climbing as high as 19,668.01 in early trade, the highest level since December 2015. The broader Topix added 1.1 percent to 1,569.36 points, and the JPX-Nikkei Index 400 advanced 1.1 percent ...

  • In European Equity Markets stocks climbed to 15-month highs on Wednesday, with banks and construction stocks leading the rally on renewed optimism over a huge economic stimulus in the United States. The pan-European STOXX 600 index rose 1.5 percent. France's CAC hit a 15 month high on Wednesday, while Germany's DAX rose to a 22-month high, both gaining around 2 percent. Europe's defence sector index climbed to a 19-month high on Wednesday, ...

  • In Asian Equity Markets Japanese stocks recovered from intraday lows on Wednesday afternoon after U.S. President Donald Trump's speech to Congress offered few details or surprises on tax and spending policies. The Nikkei index rose 1.3 percent to 19,366.88 in early afternoon trade, up from the morning close of 19,222.56. The broader Topix gained 0.8 percent to 1,548.15 and the JPX-Nikkei Index 400 rose 0.9 percent to 13,872.79. Chinese stocks advanced 0.4 percent after t...

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