Wraps

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  • In European Equity Markets stocks slid in thin trade on Friday as shares in energy firms and banks decreased, ending a lackluster week relatively little changed. The pan-European STOXX 600 index closed 0.2 percent lower as did the euro zone blue chips. Banks were the biggest drag, falling 0.6 percent and hitting a one-week low earlier in the session. In the sector, Italian banks Intesa Sanpaolo, Mediobanca and UniCredit reduced losses...

  • In Asian Equity Markets Japan's Nikkei index remained solidly on track for a winning week on Friday, underpinned by record closing highs on Wall Street even as a firmer yen put a damper on sentiment. The Nikkei was down 0.3 percent at 19,753.42 in morning trade, but was still up 0.8 percent for the week. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.2 percent, shrinking its weekly gain to 1.4 percent.  Australia's benchmark lost 0.75 percent, poi...

  • In European Equity Markets stocks struggled to keep gains on Thursday in choppy trade as falls in commodity-facing firms weighed, with investors hunting for fresh direction in the aftermath of Europe's blistering first quarter earnings season. The pan-European STOXX 600 index was up just 0.1 pct. Euro zone blue chips were 0.2 percent higher. French aerospace supplier Zodiac gained 0.2 percent after accepting a reduced offer from aero engine maker Safran, <...

  • In Asian Equity Markets Japanese stocks edged up on Thursday as investors bought futures after the yen weakened in Asian trade, while a rise in index-heavyweights such as SoftBank supported sentiment. In midmorning trade, the Nikkei index edged up 0.5 percent to 19,849.10.  MSCI's broadest index of Asia-Pacific stocks outside Japan advanced 0.7 percent, hitting its highest level since June 2015, and bringing its gains so far this year to about 17 percen...

  • In European Equity Markets stocks struggled to gain momentum on Wednesday, with strength in banks and big oil majors offset by weakness in miners and autos. The pan-European STOXX 600 index ended up 0.1 percent. Among the national markets, Britain's FTSE 100 rose 0.4 percent, while Germany's DAX fell 0.1 percent, weighed down by stocks including Hugo Boss and Evonik going ex-dividend. European auto stocks were the biggest sec...

  • In Asian Equity Markets Japan's Nikkei index rose on Wednesday morning helped by exporters after the dollar gained against the yen, while financials gained ground thanks to a rise in U.S. Treasury yields. The Nikkei rose 0.4 percent to 19,698.31 in midmorning trade. The broader Topix added 0.4 percent to 1,571.80 and the JPX-Nikkei Index 400 advanced 0.4 percent to 14,022.94. MSCI's broadest index of Asia-Pacific stocks outside Japan down 0.3 percent, despite...

  • In European Equity Markets stocks closed in the green on Tuesday, with French shares among the biggest advancers as eurozone economic activity remained at a six-year high.  The pan-European STOXX 600 index ended up 0.2 percent. Germany's DAX was up 0.3 percent while euro zone blue chips gained 0.5 percent. European tech firms were standout performers, with the sector up 1.4 percent after shares in Nokia jumped 6.4 percent to their highest since February 2016 foll...

  • In Asian Equity Markets Japanese stocks were flat on Tuesday morning as a risk-averse mood kept investors sidelined following an explosion in the English city of Manchester, which lifted the safe-haven yen and depressed some export-oriented shares. The Nikkei index fell 0.1 percent to 19,662.91 in midmorning trade. The broader Topix was up 0.1 percent to 1,568.40 and the JPX-Nikkei Index 400 was flat at 14,004.72. MSCI's broadest index of Asia-Pacific stocks ...

  • In European Equity Markets  stocks ended a choppy session slightly lower, weighed by German stocks, as the euro rallied after comments about the shared currency by German Chancellor Angela Merkel. The Stoxx Europe 600 index fell 0.1 percent to 391.14. Aegon NV climbed 6.5 percent after the Dutch insurer said it would sell its two largest U.S. life businesses. Clariant AG shares jumped 3.5 percent after the Swiss ...

  • In Asian Equity Markets Japan's Nikkei index rose on Monday morning following gains in U.S. shares, but the dollar's weakness and U.S. political turmoil kept investors nervous and limited gains in the market. The Nikkei rose 0.3 percent to 19,653.32 in midmorning trade. The broader Topix added 0.4 percent to 1,565.76 and the JPX-Nikkei Index 400 advanced 0.4 percent to 13,988.42. MSCI's broadest index of Asia-Pacific stocks outside Japan edged up 0.9 percent ...

  • In European Equity Markets stocks finished Friday's session higher, modestly recovering from a selloff spurred by U.S. political drama that dragged major regional benchmarks into the red for the week. The Stoxx Europe 600 index  rose 0.6 percent to close at 391.51. Germany's DAX 30 rose 0.4 percent to end at 12,638.69, and France's CAC 40 picked up 0.7 percent to end at 5,324.40. The FTSE 100 rose 0.5 percent to 7,...

  • In Asian Equity Markets Japan's Nikkei index fell on Friday with investors unsettled by White House turmoil, although Takata Corp shares rose after four carmakers settled claims over the company's airbag inflators. The Nikkei was down 0.25 percent at 19,507.52. The broader Topix fell 0.15 percent to 1,552.87 and the JPX-Nikkei Index 400 was down 0.1 percent at 13,863.24. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.1 percent, on track for a we...

  • In European Equity Markets stocks fell to two-week lows on Thursday as political upheaval in Washington D.C. continued to weigh, though deal-making activity and earnings updates kept the region's outperformance against global peers intact. The pan-European STOXX 600 index was down 0.9 percent, while Germany's DAX retreated 0.8 percent and Britain's FTSE 100 fell 1.3 percent, extending Wednesday's losses after reports that U.S. President Donald Trump had inter...

  • In Asian Equity Markets Japanese stocks fell to 1-1/2-week lows on Thursday morning on worries that allegations against the U.S. President Donald Trump over his interference with a federal investigation would delay his efforts on tax cuts and economic stimulus. The Nikkei index lost 1.8 percent to 19,457.75 after falling to as low as 19,449.73, the lowest since May 2. The broader Topix fell 1.7 percent to 1,549.01 and the JPX-Nikkei Index 400 declined 1.7 percent to 13...

  • In European Equity Markets stocks finished with modest gains Monday, scoring a fillip from commodity stocks as oil and metals prices rose. The Stoxx Europe 600 index ended up 0.1 percent at 395.97. The oil-and-gas, basic-materials and financial sectors fared the best, but health-care, consumer-related and telecom stocks struggled. In the oil group, producers Tullow Oil PLC and Statoil ASA  ended 3.1 percent and 2.1 perce...

  • In Asian Equity Markets Japanese stocks edged down on Monday morning, pressured by a stronger yen, a widespread cyber attack, and North Korea's missile test over the weekend. The Nikkei index fell 0.2 percent to 19,853.71 points in midmorning trade. The broader Topix fell 0.3 percent to 1,576.47 points, and the JPX-Nikkei Index 400 shed 0.2 percent to 14,080.66 points. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent to its highest level...

  • In European Equity Markets stocks pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. The DAX fell 0.3 percent, slightly outperforming broader regional indexes, while Spain's IBEX lagged with a fall of 1.6 percent. The pan-European STOXX 600 index fell 0.5 percent, while euro zone blue chips fell 0.6 percent. Tel...

  • In Asian Equity Markets Japanese stocks fell from near 1-1/2-year highs on Friday as the market took a breather from its rally since mid-April, while trading was also influenced by a mixed bag of earnings with Nissan Motor rising on a surprise dividend hike. The Nikkei index ticked down 0.7 percent to 19,823.28 as some investors booked profits. MSCI's broadest index of Asia-Pacific stocks outside Japan erased early modest gains and turned down 0.3 percent, shy of nearly two-year h...

  • In European Equity Markets stocks pulled back on Thursday with Spanish blue chips suffering their biggest one-day loss in six months, weighed down by losses among banks, while Italian lender UniCredit shone after solid results. The DAX fell 0.3 percent, while Spain's IBEX lagged with a fall of 1.6 percent, its biggest daily loss since Nov. 10. The pan-European STOXX 600 index fell 0.5 percent, while euro zone blue chips lost 0.6 percent. UniCredit reported better-t...

  • In Asian Equity Markets Japanese stocks edged up to hover at 17-month highs as a weak yen trend supported sentiment, but gains were by limited by fears arising from U.S. President Donald Trump's sacking of his FBI director and North Korea's nuclear programme. The Nikkei index rose 0.5 percent to 19,938.53 in mid-morning trade, the highest since December 2015, after it fell 0.3 percent on the previous day. The broader Topix rose 0.3 percent to 1,586.02 and the JPX-Nikkei...

  • In European Equity Markets a raft of well-received updates and a recovery in resources stocks helped stocks rebound on Tuesday from the previous session's slight losses, ending at fresh 21-month highs. The pan-European STOXX 600 index rose 0.45 percent while France's CAC 40 index gained 0.3 percent, recouping some of its losses from Monday following centrist Emmanuel Macron's French presidential election victory. Denmark's payment services provider Nets rose 2.9 percen...

  • In Asian Equity Markets Japanese equities fell on Tuesday as the market ran out of puff after rallying to a 17-month high the previous day, though it was supported well by a confluence of factors like the significantly weaker yen. The Nikkei index edged down 0.1 percent to 19,875.89. The broader Topix shed 0.2 percent to 1,582.82 and the JPX-Nikkei Index 400 fell 0.25 percent to 14,132.85. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.1 percent on Tue...

  • In European Equity Markets stocks powered ahead on Thursday as earnings, economic data and politics aligned to boost the market to further highs. The pan-European STOXX 600 index rose 0.7 percent, while German blue chips rose to an all-time high and France's CAC climbed to its highest in more than nine years. European banks rose 1.5 percent after lender HSBC jumped 2.9 percent, having posted a better-than-expected first-quarter profit and capital position.  ...

  • In Asian Equity Markets Japan's Nikkei index hit a level not seen in nearly 17 months on Monday morning as the yen stayed weak after Emmanuel Macron was elected president of France, as a business-friendly vision of European integration helped boost investor confidence. The Nikkei rose 1.8 percent to 19,804.20, the highest since December 2015. The broader Topix rose 1.9 percent to 1,579.78 and the JPX-Nikkei Index 400 advanced 1.9 percent to 14,113.77. MSCI's ...

  • In European Equity Markets stocks climbed out of the red and finished at a 21-month high Friday, as buying appetite for assets perceived as risky returned ahead of the French presidential election. The Stoxx Europe 600 index turned higher during the session, ending up 0.7 percent at 394.54, its highest since August 2015. France's CAC 40 index finished up 1.1 percent at 5,432.40, sticking to its highest level since January 2008. Germany's...

  • In Asian Equity Markets stocks declined for a third consecutive day on Friday as fresh falls in commodities raised concerns about the health of the global economy, though the euro bucked the broad weakness on receding concerns about France's presidential election. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.4 percent on Friday and was trading at its lowest level since April 25. Hong Kong led regional losers with losses of 0.8 percent in opening trades. Austra...

  • In European Equity Markets stocks powered ahead on Thursday as earnings, economic data and politics aligned to boost the market to further highs. The pan-European STOXX 600 index rose 0.7 percent, holding at 20-month highs, while German blue chips rose to an all-time high and France's CAC climbed to its highest in more than nine years. European banks rose 1.5 percent after lender HSBC jumped 2.9 percent, having posted a better-than-expected first-quarter profit and capi...

  • In Asian Equity Markets stocks retreated on Thursday, taking their cues from a subdued session on Wall Street, while the dollar retained gains made after the Federal Reserve's hawkish policy statement.  MSCI's broadest index of Asia-Pacific stocks outside Japan slid 0.5 percent on Thursday, dragged lower by commodities, energy and financials stocks. Japan is closed for the Golden Week holiday. Chinese stocks were down 0.3 percent, after growth in China's services...

  • In European Equity Markets stocks fell slightly from the 20-month highs they hit in the previous session, as investors locked in profits following some underwhelming company results on Wednesday. Europe's STOXX 600 index was flat in percentage terms at its close. Shares in several Apple suppliers fell after the smartphone giant reported a surprise decrease in sales of its flagship iPhone. Dialog Semiconductor shares slid 2.5 percent. Peers AMS and STMicro also fell 1.2 and 1.8 per...

  • In Asian Equity Markets stocks were mostly higher on Wednesday, as strong earnings and manufacturing data boosted risk appetite, while expectations that the Federal Reserve will signal a June rate increase later in the session lifted the dollar. MSCI's broadest index of Asia-Pacific stocks outside Japan was slightly lower on Wednesday, within a hair of a near-two-year high hit on Tuesday. Taiwan gained 0.1 percent. Singapore, Mala...

  • In European Equity Markets stocks kicked off the first trading day of May with gains underpinned by healthy corporate earnings, and manufacturing data added to evidence of a robust underlying economy in the region. Financials and industrial stocks provided the biggest boost to the pan-European STOXX 600, which ended up 0.75 percent, its highest level since August 2015. British oil major BP gained 1.6 percent after its first-quarter profits tripled, thanks to higher oil price...

  • In Asian Equity Markets Japan's Nikkei share average rose to six-week highs on Tuesday in a holiday-shortened week, getting a lift from robust earnings and gains on Wall Street. The Nikkei was up 0.6 percent in morning trade at 19,434.01. The broader Topix added 0.7 percent to 1,549.85, while the JPX-Nikkei Index 400 was up 0.6 percent at 13,845.19. MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.5 percent to its highest level since June ...

  • In Europe, equity markets were closed for the May Day holiday.

     

    In Currency Markets the U.S. dollar edged lower against the euro and eased off a one-month high against the yen on Monday after weak U.S. factory and inflation data did not boost expectations for a June interest rate hike from the Federal Reserve. The euro was last up 0.2 percent against the dollar at $1.0912...

  • In Asian Equity Markets Japanese stock prices posted modest gains on Monday as high-tech shares such as Tokyo Electron and Murata Manufacturing gained on upbeat earnings in otherwise holiday-lulled trading. The Nikkei rose 0.4 percent to 19,273.87 points. The Nikkei rose more than the broader Topix, which gained 0.2 percent to 1,535.00, because of a 13 percent gain in Tokyo Electron, which has a big weighting in the Nikkei. MSCI's broadest in...

  • In European Equity Markets stocks fell from 20-month highs on Thursday as weaker banks weighed, with the broader market little moved by a widely expected European Central Bank decision to stand pat on policy. The pan-European STOXX 600 index fell 0.2 percent, after hitting a 20-month high in the previous session. France's CAC fell 0.3 percent, off Wednesday's nine-year high. Deutsche Bank shares fell 3.7 percent as a fall in first-quarter revenues disa...

  • In Asian Equity Markets Japan's Nikkei share average ticked down further from recent five-week highs on Friday as a relief rally driven by fading political worries in Europe fizzled ahead of Golden Week holidays next week. The Nikkei fell 0.2 percent to 19,203.30 by mid-morning trade, off five-week high of 19,289.43 touched on Wednesday. MSCI's broadest index of Asia-Pacific stocks outside Japan also fell 0.2 percent but is on track to end the week up 1.7 percent, which would...

  • In European Equity Markets stocks fell from 20-month highs on Thursday as weaker banks weighed, with the broader market little moved by a widely expected European Central Bank decision to stand pat on policy. The pan-European STOXX 600 index fell 0.2 percent, after hitting a 20-month high in the previous session. France's CAC fell 0.3 percent, off Wednesday's nine-year high. A 6 percent decrease in Spain's Banco Popular added to underperformance in euro zone banks, down...

  • In Asian Equity Markets Japan's Nikkei index fell on Thursday, giving back some of this week's gains as sentiment soured on Wall Street losses and wary investors awaited the Bank of Japan's policy decision. The Nikkei was down 0.2 percent at 19,243.76 at midday, pulling away from the previous session's one-month highs. The broader Topix fell 0.1 percent to 1,536.04, while the JPX-Nikkei Index 400 also gave up 0.1 percent to 13,745.50. MSCI's broadest index of Asia-Pacifi...

  • In European Equity Markets French blue chips hit a fresh 9-year high on Wednesday, helped by a rise in the shares of luxury group Kering after it reported strong sales. The pan-European STOXX 600 benchmark ended the session up 0.5 percent as luxury stocks and financials underpinned gains, supported by a wave of earnings results that largely outperformed market expectations. France's CAC 40 rose 0.2 percent. Kering was up nearly 10 percent and hitting an all-time high af...

  • In Asian Equity Markets Japan's Nikkei index rose to near one-month highs on Wednesday, buoyed by a weaker yen and record high for the Nasdaq Composite. The Nikkei was up 0.8 percent at midday at 19,231.92 points, after touching its highest intraday levels since March 29. The broader Topix added 0.9 percent to 1,532.73, while the JPX-Nikkei Index 400 was also 0.9 percent higher at 13,722.76. Markets in greater China were mostly higher with the Hang Seng Index...

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