Wraps

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  • In European Equity Markets stocks fell on Friday putting the STOXX 600 on track to post its biggest weekly loss since the middle of June with all major sectors in the red on the day. The STOXX 600 index fell 0.7, retreating from a 7-week high reached earlier in the week. Vopak, the world's largest independent storage tank operator, was the top faller, falling 6.6 percent after it reported first half results hit by impairment charges. German retailer Metro was down 2.7 percent afte...

  • In Asian Equity Markets stocks retreated on Friday and the dollar edged up from a near eight-week low after some Federal Reserve officials reiterated the case for raising interest rates in coming months. MSCI's broadest index of Asia-Pacific stocks outside Japan pulled back 0.6 percent. Japan's Nikkei  erased earlier gains to trade 0.1 percent lower, set for a weekly loss of 2.6 percent. South Korea's Kospi also surrendered earlier increases to slip 0.1 percent, on...

  • In European Equity Markets stocks rose on Thursday to break a losing streak this week, with gains in leading financials and industrial stocks helping to lift the market. The pan-European STOXX 600 index was up 0.4 percent. Dutch insurer NN Group climbed 5.6 percent after the company posted a fall in earnings that was not as bad as many analysts had feared, helping lift other financial stocks in the region. Shares in Danish wind turbine maker Vestas Wind rose...

  • In Asian Equity Markets stocks are on track for their biggest single-day rise in nearly two weeks while the greenback retreated after minutes of the U.S. Federal Reserve's latest meeting showed that the chances of a September rate hike are looking pretty slim. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.7 percent, its biggest rise since Aug. 8. The Nikkei fell 0.5 percent to 16,665.00 in mid-morning trade after falling to as low as 16,560.20 earl...

  • In European Equity Markets stocks fell on Wednesday, with Austrian brickmaker Wienerberger, brewer Carlsberg and UK insurer Admiral sliding after publishing results. The pan-European STOXX 600 index fell 0.8 percent. Wienerberger was among the worst-performing stocks in Europe, falling 6.2 percent after warning of negative currency impacts from the weakening of sterling following Britain's vote in June to leave the European Union. Admiral lost 7.7 percent, down from recent record ...

  • In Asian Equity Markets stocks pulled back from a one-year high and the dollar strengthened on Wednesday, after an influential Federal Reserve official said interest rates could rise as soon as September. MSCI's broadest index of Asia-Pacific stocks outside Japan lost 0.3 percent, while the Nikkei rose 0.6 percent to 16,691.58. The broader Topix gained 0.5 percent to 1,305.20 and the JPX-Nikkei Index 400 advanced 0.6 percent to 11,751.46. China's CSI 30...

  • In European Equity Markets stocks pulled back from seven-week highs on Tuesday, weighed down by industrial stocks, after Swiss firm Schindler lowered its outlook for 2016. The STOXX Europe 600 index fell 0.8 percent.  Schindler Holding declined 4.4 percent after it cut the top end of its revenue growth outlook for the year as increasing uncertainty in the Chinese construction market and the recession in Brazil continued to hurt the Swiss e...

  • In Asian Equity Markets stocks rose to one-year highs, expanding their gains this year to almost 10 percent, supported by a jump in oil prices and investor expectations of an extended phase of easy monetary policy around the globe. MSCI's broadest index of Asia-Pacific stocks outside Japan edged up 0.1 percent, bringing its gains so far this year to 9.8 percent. The Nikkei fell 0.2 percent to 16,837.98 in midmorning trade. The broader T...

  • In European Equity Markets stocks climbed to their highest level in seven weeks on Monday, lifted by firmer healthcare stocks after Belgian pharmaceuticals group UCB won a favourable U.S. court ruling. The pan-European STOXX 600 index advanced 0.3 percent to 347.26 points, its highest level since late June. UCB jumped 8 percent after a U.S. court confirmed the validity of a patent related to the Vimpat product, lifting other healthcare stocks, with the ...

  • In Asian Equity Markets Nikkei share index slipped on Monday as the yen stayed strong and data showed economic growth stalled in the second quarter, souring investor sentiment. The Nikkei fell 0.2 percent to 16,884.76 points by midmorning, after rising 4.1 percent last week. Exporters were mixed, with Toyota Motor Corp falling 0.2 percent, Honda Motor Co rising 0.5 percent and Panasonic Corp dropping 0.8 percent. Sharp Corp soared as much as 17 percent after the company said that Taiwa...

  • In European Equity Markets shares edged back after setting a fresh seven-week high on Friday, with weaker miners offsetting gains in companies such as A.P. Moller-Maersk , which rose sharply following its earnings update. Shares in Maersk ended up 3.1 percent, having risen as much as 6.9 percent in early deals, after the Danish shipping and oil giant stuck to its 2016 forecast despite a sharp fall in quarterly net profit. The STOXX Europe Basic Resourc...

  • In Asian Equity Markets stocks inched up on Friday, after a rise in oil prices helped propel Wall Street to record highs overnight, while Chinese economic indicators that missed expectations did not dent gains in mainland stocks. MSCI's broadest index of Asia-Pacific stocks outside Japan nudged up 0.2 percent. It was on track to gain 1.9 percent for the week. Both China's CSI300 index and the Shanghai Composite rose about 0.5 percent. H...

  • In European Equity Markets stocks climbed to a seven-week high on Thursday, with companies such as scents and flavours maker Symrise and consumer group Henkel hitting record highs after strong results and encouraging updates. The pan-European STOXX 600 index was up 0.4 percent after rising to its highest level since late June. The FTSEurofirst 300 was also up 0.4 percent. Henkel was last quoted 4.9 percent higher after setting a record high as its resu...

  • In Asian Equity Markets stocks fell on Thursday, reversing recent gains following losses on Wall Street, though regional currencies rose after Beijing let the Chinese yuan strengthen to mark the one-year anniversary of a landmark devaluation. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.5 percent. Hong Kong and Indonesia led regional gainers in trade. Japan's markets are closed for a holiday. T...

  • In European Equity Markets stocks finished slightly lower Wednesday, with energy shares among those pulling the region's key benchmark away from its post-Brexit high. The Stoxx Europe 600 fell 0.2 percent. Germany's DAX 30 closed down 0.4 percent at 10,650.89 after entering bull market territory on Tuesday. France's CAC 40  lost 0.4 percemt to end at 4,452.01. The FTSE 100 bucked the negative trend, tacking on 0.2 percent to finish at...

  • In Asian Equity Markets Japan's Nikkei index on Wednesday, as the yen strengthened against the dollar after downbeat U.S. data and investors locked in gains ahead of a Japanese holiday. The Nikkei ended the morning session down 0.3 percent at 16,716.58. MSCI's broadest index of Asia-Pacific stocks excluding Japan rose 0.35 percent to the highest level since August 2015. Hong Kong's Hang Seng index rose 0.6 percent, hovering close to its highest level s...

  • In European Equity Markets Germany's top share index hit a new high for 2016 on Tuesday as European shares advanced for a fifth straight session, boosted by new highs on Wall Street and strong results from companies like Munich Re. Germany's DAX closed up 2.5 percent, having hit 10,701.33, its highest level since the last trading day of 2015. The STOXX Europe 600 was up 0.9 percent. Top riser on the German DAX was Munich Re, up 5.7 percent after it said its fall i...

  • In Asian Equity Markets Japan's Nikkei index was little changed by late morning on Tuesday as investors locked in profits, shaving the modest gains made during the index's earlier drift up to a 2-week high. The Nikkei was up 0.1 percent at 16,670.47 after touching 16,696.24, its highest level since July 27. The broader Topix edged up 0.2 percent to 1,308.51 and the JPX-Nikkei Index 400 rose 0.2 percent to 11.775.91. MSCI's broadest index of Asia-Pacific stock...

  • In European Equity Markets stocks rose on Monday, propped up by gains in the stocks of major banks and other financial stocks, while Dutch firm PostNL rose after results. The pan-European STOXX 600 index edged up 0.04 percent, with Germany's DAX, Britain's FTSE and France's CAC all 0.1-0.6 percent higher. Shares in Dutch postal service operator PostNL rose 8.2 percent after the company confirming its full-year outlook, while analysts also welcomed a surprise improvement...

  • In Asian Equity Markets Japan's Nikkei index rose on Monday, buoyed by gains on Wall Street and the yen's retreat following Friday's upbeat U.S. non-farm payrolls report. The Nikkei was up 2.1 percent at 16,592.05 points, after touching a 1-week high of 16,612.13. The broader Topix climbed 1.6 percent to 1,299.93 and the JPX-Nikkei Index 400 rose 1.6 percent to 11,699. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.3 percent and was just ho...

  • In European Equity Markets  shares rose on Friday, helped by solid earnings updates from companies including cement maker LafargeHolcim, but Royal Bank of Scotland fell in an otherwise mostly positive banking sector after reporting wider losses in the first half. The pan-European STOXX 600 index rose 0.4 percent but remains on track for its first week of declines in four, weighed down by heavy losses among bank stocks earlier in the week following the release of E...

  • In Asian Equity Markets Japan's Nikkei index rose on Friday but was on track for a weekly loss, as investors warily awaited U.S. jobs data later in the session for direction. The Nikkei finished morning trade up 0.3 percent at 16,300.75 points. The broader Topix eked out a 0.1 percent gain to 1,284.00, while the JPX-Nikkei Index 400 was flat at 11,540.97. MSCI's broadest index of Asia-Pacific stocks outside Japan extended gains to 0.9 percent, headed for a 0...

  • In European Equity Markets stocks rose on Thursday as a rise in the stocks of major financial and industrial stocks such as Aviva and Siemens boosted the region's equity markets. The pan-European STOXX 600 index rose 0.8 percent. The index extended gains after the Bank of England cut interest rates for the first time since 2009, while Britain's FTSE turned higher and was up 1.4 percent. Shares in Siemens rose 4.3 percent after the German industrial group lif...

  • In Asian Equity Markets Japan's Nikkei index erased earlier gains and edged lower on Thursday, pulled down by a bullish yen and caution before Friday's U.S. non-farm payrolls. The Nikkei declined 0.4 percent to 16,020.15 after rising to 16,208.05 earlier in the morning session. The broader Topix fell 0.2 percent to 1,268.89 and the JPX-Nikkei Index 400 lost 0.25 percent to 11,407.64. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.4 percent, led ...

  • In European Equity Markets stocks were steady on Wednesday as a rebound in the shares of the region's struggling banks, such as HSBC and ING, offset weaker auto stocks. The pan-European STOXX 600 index was up 0.1 percent. Volkswagen shares fell 1.5 percent after the company warned of a hit to its sales in China next year, while tyre maker Continental fell after its results came in below some market forecasts.  HSBC rose 3.6 per...

  • In Asian Equity Markets the Nikkei index extended losses on Wednesday as the yen pushed higher against a backdrop of disappointment with Japan's latest fiscal and monetary stimulus measures. The Nikkei was down 1.7 percent after falling more than 2 percent in early afternoon trade. The broader Topix lost 1.7 percent, while the JPX-Nikkei Index 400 was down 2.1 percent. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 1 percent. Shanghai&n...

  • In European Equity Markets stocks fell to a three-week low on Tuesday as some major companies reported poor results, with Commerzbank falling to a record to lead banks lower after it warned that its earnings would fall this year. Commerzbank was last down 7.7 percent. The bank said its profits would suffer because businesses are borrowing less and negative interest rates are hurting its revenue. Credit Suisse fell 6.2 percent and Deutsche Bank 3.7 percent. Th...

  • In Asian Equity Markets Japan's Nikkei index fell on Tuesday with a slide in crude oil prices denting investor risk sentiment, while financials fell after two days of large gains. The Nikkei was down 0.7 percent at 16,527.17. The broader Topix fell 0.7 percent to 1,312.27 and the JPX-Nikkei Index 400 declined 0.7 percent to 11,798.05. MSCI's broadest index of Asia-Pacific stocks outside Japan was down 0.4 percent. Australian stocks were down 0.6...

  • In European Equity Markets stocks fell on Monday, dragged down by banks such as UniCredit and Raiffeisen that performed poorly in a Europe-wide stress tests. The pan-European STOXX 600 and the FTSEurofirst 300 index both closed 0.6 percent weaker. Austrian bank Raiffeisen fell 5 percent. UniCredit lost 9.4 percent as the poor showing in the tests highlighted the need for Italy's biggest bank by assets to strengthen its capital. Monte dei Paschi rose 0.6 percent as some ...

  • In Asian Equity Markets stocks hit a one-year high on Monday after disappointing U.S. economic growth data reduced expectations that the U.S. Federal Reserve will raise interest rates in the next few months. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 1.1 percent, hitting its highest level in about a year. The Nikkei was up 0.05 percent at 16,578.09 points. The broader Topix was down 0.5 percent at 1,316.03 and the J...

  • In European Equity Markets shares rose on Friday helped by some encouraging company updates, with Kering gaining after its fashion brand Gucci recorded strong sales. Financial services were in demand, with the STOXX Europe 600 Banks index topping sectoral gainers with a rise of 2.1 percent before the the release later in the day of the results of Europe-wide stress tests. Italy's Monte dei Paschi di Siena, which is expected to be among banks that fare worst in the tests, ros...

  • In Asian Equity Markets stocks fell after touching a near one-year peak on Friday, while Japanese stocks tumbled and the yen strengthened as the Bank of Japan's fresh stimulus measures disappointed markets. MSCI's broadest index of Asia-Pacific stocks outside Japan pulled back 0.3 percent after hitting the highest level since Aug. 11, leaving it on track for gains of 1 percent for the week, and 5.5 percent for the month. The broader Topix rose 0.1...

  • In European Equity Markets stocks fell on Thursday, weighed down by weak updates from companies including Dialog Semiconductor and oil major Royal Dutch Shell. The pan-European STOXX 600 index lost 0.1 percent, while the FTSEurofirst 300 index fell 0.2 percent. Dialog fell 8 percent after the German company cut its 2016 sales outlook, while Shell fell by 3.9 percent after it reported a profit fall. British bank Lloyds fell 3 percent after Lloyds warned of a likely fall...

  • In Asian Equity Markets stocks were mostly lower on Thursday as Chinese equities deepened their losses, souring risk sentiment that had improved earlier after the Fed provided a positive assessment of the U.S. economy. South Korea's Kospi and Hong Kong's Hang Seng  both fell 0.4 percent. MSCI's broadest index of Asia-Pacific stocks outside Japan, which briefly climbed to its highest level since August 2015, clung to gains and was last up 0.1 percent. Shanghai&...

  • In European Equity Markets stocks rose on Wednesday, led higher by auto stocks and several companies such as luxury group LVMH and France's Peugeot that advanced after their results.The pan-European STOXX 600 index rose 0.5 percent, as did the FTSEurofirst 300. Volkswagen gained 3 percent after a $14.7 billion settlement of its U.S. diesel emissions cheating scandal cleared another legal hurdle as a federal judge gave the automaker preliminary approval to buy back up to...

  • In Asian Equity Markets stocks climbed to fresh near one-year highs and the Japanese yen weakened on Wednesday as awaited central bank meetings this week that could see fresh stimulus in Japan and provide clues on U.S. interest rates. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.2 percent, climbing to its highest since Aug. 11 2015. The Nikkei rose 1.2 percent to 16,581.00 in midmorning trade. The broader Topix gained 0...

  • In European Equity Markets gains in major healthcare and consumer goods sectors propped up stocks on Tuesday, offsetting persistent concerns over the region's banking system. The pan-European STOXX 600 index edged up 0.1 percent. Healthcare stocks outperformed to add the most points to the market, with Danish insulin maker Novo Nordisk climbing 3 percent after brokerage Nordea forecast another boost for the company's Victoza diabetes product. Some consumer g...

  • In Asian Equity Markets Japan's Nikkei index fell on Tuesday morning to a 1-1/2-week low as Wall Street languished and the dollar fell against the yen ahead of the U.S. Federal Reserve's two-day policy meeting, hurting exporter stocks. The Nikkei fell 1.3 percent to 16,400.47 in mid-morning trade, after falling to as low as 16,344.34, the lowest level since July 14. The broader Topix lost 1.3 percent to 1,308.69 and the JPX-Nikkei Index 400 declined 1.3 percent to 11,7...

  • In European Equity Markets stocks rose on Monday, with low-cost airline Ryanair climbing after it issued a bullish outlook while shares in William Hill rose on bid interest from its rivals. The pan-European STOXX 600 index rose 0.2 percent. Germany's DAX rose 0.5 percent after the IFO business morale survey showed the resilience of Europe's biggest economy to the turmoil triggered by UK's vote last month to quite the European Union.  Shares in French household eq...

  • In Asian Equity Markets stocks held near nine-month highs on Monday as worries over the impact of Britain's Brexit vote eased, while the dollar was buoyed by a run of solid U.S. economic data. MSCI's broadest index of Asia-Pacific stocks outside Japan was flat, sitting 0.5 percent below its nine-month peak hit on Thursday. Japan's Nikkei  rose 0.4 percent. The Bank of Japan is widely expected to ease policy further at a policy revi...

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