Wraps

Every day Alin Puian summarises the markets at open and close, London time.

You can subscribe to them and get them delivered directly to your inbox as they are published.

You have to be signed in to subscribe to the daily market wraps.

Click here to sign in.

Haven't got an account yet? Click here to register - it's FREE!

 

  • In European Equity Markets stocks edged up on Tuesday at the end of a volatile day with Deutsche Bank picking up from record lows on hopes a U.S. demand for $14 billion to settle claims that it missold mortgage-backed securities could be lowered. The pan-European STOXX 600 index added 0.1 percent. Food giant Nestle rose 1.1 percent following management changes announced late on Monday and a Redburn upgrade to 'buy', while other consumer stocks such as Unilever and AB Inbev were...

  • In Asian Equity Markets Japanese stocks were down on Tuesday morning, but were off 7-1/2-week lows hit in early deals amid some volatility as Hillary Clinton and Donald Trump wound up their first U.S. presidential debate. At the midday break, the Nikkei was down 0.3 percent at 16,490.41, recovering from an early morning low of 16,285.41, the weakest level since Aug. 5. The broader Topix shed 0.5 percent to 1,329.34 and the JPX-Nikkei Index 400 declined 0.6 perc...

  • In European Equity Markets stocks fell on Monday, weighed down by major banking stocks, with Deutsche Bank hitting an all-time low amid concerns over the impact on its finances of a big U.S. fine. The pan-European STOXX 600 index fell 1.6 percent to a one-week low. Deutsche Bank lost more than 7 percent after a German magazine said Chancellor Angela Merkel had ruled out state assistance for the bank and rejected any interference in a case where the U.S. justice department is de...

  • In Asian Equity Markets stocks began the week under a cloud on Monday after losses on Wall Street, and as investors' attention turned from central banks to American politics ahead of the first U.S. presidential debate. MSCI's broadest index of Asia-Pacific stocks outside Japan extended early losses and was down 0.7 percent by midday. The Nikkei fell 0.5 percent to 16,674.67 in mid-morning trade. The broader Topix fell 0.6 percent to 1,341.49 and the JPX-Nikkei Index ...

  • In European Equity Markets stocks ended weaker on Friday, pulling back from two-week highs in the previous session after the Federal Reserve signalled an increasingly cautious approach to future rate hikes, with banks leading sectoral fallers. The pan-European STOXX 600 index ended 0.7 percent lower. The STOXX Europe 600 Banks index fell 1.5 percent, the top sector faller. Banco Santander, Bankia, Intesa Sanpaolo and Deutsche Bank fell 2 to 3 percent. ...

  • In Asian Equity Markets stocks held near 14-month highs on Friday on revived bets the Federal Reserve is settling into a phase of very gradual interest rate rises while Japanese bond yields fell after the Bank of Japan's new policy scheme. MSCI's broadest index of Asia-Pacific stocks outside Japan was steady and within sight of its highest levels since July 2015 that it hit in early September. Japan's Nikkei fell 0.1 percent, reflecting the yen's gains during...

  • In European Equity Markets stocks climbed to a two-week high on Thursday, boosted by a rally in mining stocks, after the U.S. Fed left interest rates unchanged and projected a less aggressive path for hikes next year and in 2018. The pan-European STOXX 600 index rose 1.6 percent at its highest closing level since Sept. 9. The STOXX Europe 600 Basic Resources index rose 3.9 percent. Shares in ArcelorMittal, Glencore and Fresnillo were all up more than 5...

  • In Asian Equity Markets stocks rallied on Thursday, taking their cue from Wall Street, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future hikes, knocking the dollar and lifting commodity prices. MSCI's broadest index of Asia-Pacific stocks outside Japan extended gains to 1.3 percent in its sixth straight session of increases. Australian stocks rose 0.8 percent, while South Korea's KOSPI  advanced 1.1 percent. China's C...

  • In European Equity Markets stocks hit a one-week high on Wednesday before the outcome of a Fed meeting, with banks rallying after a policy overhaul at the Bank of Japan lifted risky assets globally. The pan-European STOXX 600 index closed 0.4 percent firmer after rising to 344.90 points earlier in the session, its highest level since Sept. 9, helped by stronger financials. Shares in Natixis and UBI Banca were up 4.1 percent and 5.4 percent resp...

  • In Asian Equity Markets Japanese stocks rallied and the yen weakened in a volatile session on Wednesday after the Bank of Japan decided to adopt a target for long-term interest rates in an overhaul of its massive monetary stimulus programme. The Nikkei swerved in and out of the red soon after the BOJ policy decision was announced and was last up more than 1 percent, while the Topix gained 1.7 percent after the central bank said 2.7 trillion o...

  • In European Equity Markets stocks steadied on Tuesday after strong gains in the previous session, with a rally in chemical stocks offsetting weaker energy stocks that fell on the back of lower oil prices. The pan-European STOXX 600 index was up 0.04 percent after rising about 1 percent in the previous session. Kingfisher rose 1.8 percent as strong demand in Britain and Poland helped Europe's largest home improvement retailer to beat forecasts for ...

  • In Asian Equity Markets stocks edged lower on Tuesday as investors nervously awaited the outcomes of two-day Federal Reserve and Bank of Japan policy meetings. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.2 percent, after major U.S. indexes ended a choppy session nearly flat. Japan's Nikkei stock index erased earlier losses and added 0.1 percent, as trading resumed after a public holiday on Monday. Tokyo markets will be closed...

  • In European Equity Markets stocks edged higher on Monday in a modest rebound after two straight weeks of losses, led by financials and commodity stocks. The pan-European STOXX 600 index ended up 1 percent. Deutsche Bank fell 2.4 percent, extending losses following an 8.5 percent slump in the stock on Sept. 16. Shares in banks HSBC, Intesa Sanpaolo and Santander rose between 1 and 2.5 percent. The STOXX 600 Basic Resources index was the biggest sect...

  • In Asian Equity Markets stocks advanced on Monday ahead of central bank meetings in the United States and Japan this week, while oil prices bounced on talk of an OPEC deal on output and reports of fighting around Libyan oil ports. MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.8 percent, though that remained well short of recent one-year peaks. Shanghai put on 0.6 percent, while South Korea added 0.6 percent. Liquidity was lacking with T...

  • In European Equity Markets stocks fell on Friday and headed for their worst weekly performance in three months, with Deutsche Bank dragging financial services down after it said the U.S. government was seeking billions of dollars to settle a mortgages case. The STOXX Europe 600 index fell 0.3 percent. Shares in Deutsche Bank fell 7.3 percent after Germany's flagship bank said the U.S. Department of Justice was asking it to pay $14 billion to settle an ...

  • In Asian Equity Markets stocks firmed on Friday after weak U.S. data reduced the already low chance of an interest rate increase by the Federal Reserve next week, sending the Treasury yield curve rising to its steepest level in 2-1/2 months. MSCI's broadest index of Asia-Pacific stocks outside Japan rose 0.4 percent, but was headed for a loss of 2.2 percent for the week. The Nikkei index gained 0.4 percent to 16,473.47 in midmorning trade. But for the week, the benchmar...

  • In European Equity Markets stocks edged higher on Thursday, looking to break off from a week-long losing run, as gains at supermarket operator Morrisons and Zodiac Aerospace lent some support to stock markets. The pan-European STOXX 600 index was up by 0.2 percent, although it remained near one-month lows. Morrison rose 5.3 percent after the company returned to profit growth. Zodiac Aerospace, which has issued a string of profit warnings over the last year, also rose 4.1 percent ...

  • In Asian Equity Markets stocks wavered on Thursday as investors grappled with the apparently diminishing ability of major central banks to stimulate growth, while a tumble in crude oil prices added to the risk-averse mood. MSCI's broadest index of Asia-Pacific stocks outside Japan edged down 0.1 percent. Singapore lost 0.4 percent but Hong Kong's Hang Seng rose 0.6 percent in thin trade. Mainland China markets were closed for holidays. The Nikkei fell 1.5 perce...

  • In European Equity Markets stocks ended slightly lower on Wednesday, giving up earlier gains as oil and luxury stocks declined, with Bayer closing off its highs after clinching a $66 billion deal to buy Monsanto. The STOXX 600 closed 0.1 percent down, ending in slightly negative territory as a sell-off in oil prices intensified, knocking the heavyweight energy sector. German drug and chemical company Bayer finished with a gain of only 0.3 percent,...

  • In Asian Equity Markets stocks fell to fresh six-week lows on Wednesday and the greenback stood strong against a broad swathe of currencies including the Japanese yen as concerns grew about the fading impact of the world's major central banks to stimulate growth. The MSCI's broadest index of Asia-Pacific stocks outside Japan lost 0.2 percent, extending its decline since late last week to 4.2 percent. Within the region, Japan's Nikkei led losers with a 0.3 percent decline...

  • In European Equity Markets stocks fell for a fourth day on Tuesday as initial support from dovish remarks by U.S. Federal Reserve official Lael Brainard eased and a fall in crude oil prices weighed. The STOXX 600 index fell 1 percent but remained above a five-week intraday low hit on Monday. Ocado, down 13.7 percent, was the biggest faller on the STOXX index after the British online supermarket warned of a prolonged fall in grocery prices and said that strong competition showed no...

  • In Asian Equity Markets stocks rose on Tuesday after Federal Reserve Governor Lael Brainard calmed global markets with remarks that appeared to reduce the prospects of a near-term interest rate hike. MSCI's broadest index of Asia-Pacific stocks outside Japan gained 0.4 percent, after tumbling 2.4 percent on Monday. South Korea's Kospi rose 0.5 percent and Australian stocks advanced 0.1 percent. Hong Kong's Hang Seng added 0.8 perce...

  • In European Equity Markets stocks ended at their lowest point in two weeks on Monday, adding to losses seen last week as investors fretted over a possible near-term rate hike in the United States. Europe's STOXX 600 ended down 0.95 percent with growth-sensitive sectoral indexes like basic resources and banks leading the fallers.  German-listed E.ON was the top faller, down 14.8 percent after it spun off its Uniper division, while Linde fel...

  • In Asian Equity Markets stocks suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 2.4 percent, pulling away from a 13-month peak. Hong Kong, Shanghai and Australian stocks followed with falls of more than 2 perc...

  • In European Equity Markets stocks decreased sharply on Friday, falling suddenly in afternoon trade following a sell-off on Wall Street as investors reacted to less dovish than expected signals from central bankers on both sides of the Atlantic. The pan-European STOXX 600 index was down 1.1 percent. Retail stocks fell 2.1 percent, led by a 4.6 percent fall in Inchcape after Exane BNP Paribas cut its rating on the stock to neutral from outperform. Novo Nordisk fell 2.2 percent after...

  • In Asian Equity Markets stocks extended losses on Friday following reports North Korea had conducted a nuclear test, while global stocks and bonds slid on uncertainty over the prospect of further easing from the ECB after it left policy unchanged. MSCI's broadest index of Asia-Pacific stocks outside Japan fell 0.6 percent after touching a 13-month high on Thursday. Japan's Nikkei erased gains to trade 0.2 percent lower after seismic activity triggered by the suspected N...

  • In European Equity Markets stocks fell on Thursday, turning lower after the European Central Bank stuck to its timetable for its stimulus programme and President Mario Draghi said an extension had not been discussed. The STOXX 600 ended down 0.3 percent, falling from near eight-month highs but ending up from the day's lows.  Chip makers came under pressure, with Austria Microsystems, ASML and Dialog Semiconductor down 3.6-4.9 percent, afte...

  • In Asian Equity Markets stocks held within one-year peaks on Thursday as Chinese trade data topped forecasts and imports recorded their first annual rise since late 2014, a promising sign for global demand that gave the Australia dollar a lift. MSCI's broadest index of Asia-Pacific stocks outside Japan was still down a slight 0.2 percent. South Korean stocks eased 0.2 percent, having also touched a one-year top this week, while Shangha...

  • In European Equity Markets stocks rose on Wednesday, taking a benchmark index close to eight-month highs, helped by some well-received company results and the prospect of more monetary stimulus from the European Central Bank. The STOXX Europe 600 index finished up 0.3 percent at 350.46 points, near its highest level since January. British engineering group Weir was the best-performing STOXX 600 stock in percentage terms, climbing 4.5 percent after Morgan Stanley raised its rating ...

  • In Asian Equity Markets Japanese stocks fell on Wednesday morning after exporters and other cyclical shares were hit by a rising yen as weak U.S. service sector activity dashed expectations for a near-term interest rate increase from the U.S. Federal Reserve. The Nikkei fell 0.8 percent to 16,954.46 in midmorning trade, retreating from a three-month high hit earlier this week. The broader Topix lost 0.8 percent to 1,342.09 and the JPX-Nikkei Index 400 fell 0.9 percent t...

  • In European Equity Markets stocks were down on Tuesday, falling back from their highest levels since January, hit by weak U.S. data and a fall in France's Ingenico Group, which led Europe's tech sector lower. The pan-European STOXX 600 index fell 0.3 percent. French payments firm Ingenico Group lost 13.6 percent in heavy volume, after cutting its full-year targets following a "sudden and significant decline" in U.S. sales.  Dutch fertilizer group OCI also fe...

  • In Asian Equity Markets stocks edged up on Tuesday as investors awaited the Reserve Bank of Australia's policy meeting in which it is expected to keep interest rates steady. MSCI's broadest index of Asia-Pacific stocks outside Japan was up 0.3 percent. The Nikkei opened flat but was up 0.2 percent at 17,073.84 points by midmorning. The broader Topix gained 0.5 percent to 1,351.04 and the JPX-Nikkei Index 400 advanced 0.5 percent to 12,151.0...

  • In European Equity Markets stocks edged higher to an eight-month peak on Monday, building on the previous session's rally, with Swiss software maker Temenos leading the market upward after an upgrade by a leading investment bank. The pan-European STOXX 600 index was up 0.1 percent.  Temenos rose 7.6 percent, closing at a record high after Credit Suisse raised its stance on the stock to "outperform" from "neutral". Telecom company SFR gained 6 per...

  • In Asian Equity Markets stocks rose on Monday after a weaker-than-expected U.S. jobs report prompted investors to trim expectations that the Fed would hike interest rates as early as this month. MSCI's broadest index of Asia-Pacific stocks outside Japan extended early gains and was up 1.4 percent by midday. The Nikkei rose 1.3 percent to 17,142.32 in mid morning trade after hitting as high as 17,146.91, the highest level since May 31. The broader Topix gained...

  • In European Equity Markets stocks rose on Friday, with a leading regional equity index reaching its highest level since late May, as weaker-than-expected U.S jobs data led investors to pare back bets on an imminent U.S. interest rate hike. The pan-European STOXX 600 index closed nearly 2 percent higher at 350.44 points, its best level since late May. The STOXX Europe 600 Utilities outperformed with a 2.8 percent rise, with France's Veolia advancin...

  • In Asian Equity Markets Japan's Nikkei index edged down on Friday morning after sluggish U.S. factory activity data soured sentiment, while investors continued to stay cautious before the release of a key U.S. jobs report later in the day. The Nikkei fell 0.1 percent to 16,913.15 in midmorning trade, after rising to a three-month high at the closing level on the previous day. The broader Topix gained 0.2 percent to 1,339.33 and the JPX-Nikkei Index 400 rose 0.1 percent to 1...

  • In European Equity Markets stocks closed flat on Thursday, weighed down by pharma and oil stocks, while banks extended a recent rally which was fuelled by expectations of monetary tightening in the United States. The pan-European STOXX 600 ended 0.04 percent higher. Commerzbank rose 2.2 percent, leading gainers on Germany's DAX. The stock was supported this week by news the bank and its bigger rival Deutsche Bank had recently explored prospects for a merger. ...

  • In Asian Equity Markets stocks fell on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U.S. employment data could put the Federal Reserve on track to hike interest rates. MSCI's broadest index of Asia-Pacific stocks outside Japan extended early losses and was down 0.5 percent, while Australia's S&P/ASX 200 index was down 0.4 percent. The Nikkei index...

  • In European Equity Markets stocks edged lower on Wednesday, weighed down by losses among miners and energy stocks, but banks extended recent gains amid talk of possible tie-ups in the battered sector.  The pan-European STOXX 600 index ended down 0.4 percent. Europe's STOXX bank index rose 1.7 percent on the day, ending August up more than 8 percent. Shares in Deutsche Bank and Commerzbank rose 2.5 and 3.4 percent respectivel...

  • In Asian Equity Markets stocks eased on Wednesday following modest losses on Wall Street, with investors awaiting U.S. jobs numbers for further signs the Fed may raise rates as soon as September. MSCI's broadest index of Asia-Pacific stocks outside Japan was down 0.3 percent. The Nikkei gained 0.8 percent to 16,856.98 in mid-morning trade after touching 16,885.36, the highest level since August 16. The benchmark index has risen 1.7 percent this mo...

Trader Development

Find out more