Archives of “Global Indices” category

rss

Nikkei 225 closes lower by 0.05% at 23,422.82

  
Analysis, Global Indices

Nikkei closes near flat but well off earlier lows

Nikkei 07-10
Asian equities slumped early on, following US stocks overnight but have recovered some ground in late trading as US futures rose ahead of European morning trade.
Trump sent risk assets packing yesterday but attempted to somewhat walk back on those remarks with more tweets earlier, offering some piecemeal concessions to stimulus talks.
That could be what is helping to see the risk mood recover a little but let’s be real, there is no way the Democrats will accept any of that to help his current plight.
Elsewhere, major currencies are still keeping little changed but the slight nudge higher in US futures is keeping USD/JPY a little elevated at 105.75, near resistance at 105.80.

European shares climb for the 2nd consecutive day this week

  
Analysis, Global Indices

German Dax up 0.7%

The European shares have corn for the 2nd consecutive day. The provisional closes are showing:

  • German DAX, +0.7%
  • France’s CAC, +0.5%
  • UK’s FTSE 100, flat
  • Spain’s Ibex, +1.3%
  • Italy’s FTSE MIB, +0.8%
A look at other markets as the London/European traders look to exit is showing:
  • spot gold down $3.20 or -0.17% at $1910.33. That is down from the high price of $1921.70.
  • Spot silver is trading down $0.30 or -1.24% at $24.07.
  • WTI crude oil futures are trading higher by $1.44 or 3.7% at $40.67. The high price reached $40.83. The low price extended to $39.10.
In the US stock market, the major indices are mixed with the NASDAQ lagging:
  • S&P index is down -1.53 points or at -0.05% at 3407.03
  • NASDAQ index is down -45 points or -0.39% at 11287.75
  • Dow industrial average is up 73 points or 0.26% at 28221.92
In the US debt market, the yields are mixed:
  • 2 year 0.144%, unchanged
  • 5 year 0.329%, -0.6 basis points
  • 10 year 0.780%, minus this 0.1 basis points
  • 30 year 1.598%, +0.9 basis points.

Nikkei 225 closes higher by 1.23% at 23,312.14

  
Analysis, Global Indices

A positive day for Asian equities

Nikkei 05-10
Japanese stocks are putting behind the Thursday glitch and Friday setback, recovering all of the declines from the drop at the end of last week.
The risk mood today is largely boosted by less worrisome news surrounding Trump’s health situation and that is helping to ease some of the uncertainty seen on Friday.
Elsewhere, the Hang Seng is up by 1.5% but mainland Chinese markets are still closed in observance of the Golden Week holiday.
In the currencies space, the yen and dollar are keeping a little lower as such but the movement so far today is rather modest ahead of European trading.

European shares and mixed and well off the lows for the day

  
Analysis, Global Indices

Recover much of the earlier losses

  • German DAX -0.4%.  The low reached -1.5%
  • France’s CAC -0.2%. The low reached -1.39%
  • UK’s FTSE 100 +0.2%. The low reached -1.19%
  • Spain’s Ibex +0.1%. The low reached -1.22%
  • Italy’s FTSE MIB -0.1%. The low reached -1.29%
For the week, provisional closes are showing gains for the major indices across the board:
  • German DAX, +1.76%
  • France’s CAC, +1.8%
  • UK’s FTSE 100, +0.75%
  • Spain’s Ibex, +1.8%
  • Italy’s FTSE MIB, +1.8%
In the European debt market, the benchmark 10 year yields are ending the session mixed. German and UK yields are higher. Spain, Italy, and Portugal yields are lower.
European yields are mixedIn other markets as the European/London traders look to exit for the weekend:
  • Spot gold is trading up $0.72 or 0.04% at $1906.70. The high price reached $1917.16. The low extended to $1889.93
  • Spot silver is trading up $0.28 or 1.2% at $24.06. The high price reached $24.20. The low extended to $23.48
  • WTI crude oil futures are trading down $1.24 or -3.20% at $37.47. That is rebounding off of the New York session low at $36.63. But still below the high for the day at $38.65.

European shares close mostly higher

  
Analysis, Global Indices

German DAX a downside exception

The European shares are closing mostly higher. The exception is the German DAX which is trading down about -0.4%. The provisional closes are showing:

  • German DAX, -0.4%
  • France’s CAC, +0.2%
  • UK’s FTSE 100, +0.2%
  • Spain’s Ibex, +0.2%
  • Italy’s FTSE MIB, +0.3%
In the European debt market, the benchmark 10 year yields are mostly lower. The exception is the UK 10 year which is up 1.3 basis points.
German DAX a downside exception_

European shares end the session lower.

  
Analysis, Global Indices

Spain’s Ibex leads the move to the downside

The major European indices spent most of the day in the red. France’s CAC and Italy’s FTSE MIB with the only indices to extend into positive territory intraday. However both are ending lower.

A look at the provisional closes shows:
  • German DAX, -0.4%
  • France CAC, -0.3%
  • UK’s FTSE 100, -0.4%
  • Spain’s Ibex -0.9%
  • Italy’s FTSE MIB, -0.4%
In the European debt market, the benchmark 10 year yields are ending lower. The German 10 year is trading down -1.3 basis points. Italy’s yield has fell by -4 basis points.
European yields are lower
In the forex market, the AUD remains the strongest of the majors, while the CAD as moved to the weakest.  Crude oil prices are moving sharply lower with the front contract down over 4%. That is helping to pressure the CAD in trading today.
The US dollar remains a weaker vs. most of the major currencies with the exception of the JPY and CAD.

European indices closed sharply higher on the day

  
Analysis, Global Indices

German DAX rises over by 3.2%

The European indices are close for the day and the provisional closes are showing sharply higher levels for each of the major indices:

  • German DAX, +3.2%
  • France’s CAC, +2.5%
  • UK’s FTSE 100, +1.8%
  • Spain’s Ibex, +2.4%
  • Italy’s FTSE MIB, +2.4%
In other markets as London/European traders look to exit:
  • spot gold is trading up $10.40 or 0.56% $1872.08
  • spot silver is up $0.44 or 1.97% at $23.35
  • WTI crude oil futures are trading up $0.11 or 0.27% at $40 and 36%
in the US stock market, major indices continue to move to the upside with the Dow industrial average leading the way:
  • S&P index up 51.38 points or 1.56% at 3349.82
  • NASDAQ index up 150 points or 1.38% at 11064
  • Dow industrial average up 3 475 points or 1.75% at 27648.60

Nikkei 225 closes higher by 1.32% at 23,511.62

  
Analysis, Global Indices

Asian equities off to a good start to the new week

Nikkei 28-09

Stocks in Asia are following the more positive mood from Wall Street from the end of last week, with higher US futures also helping to keep the optimism flowing today.

The Nikkei is closing near the highs, with the Hang Seng seen up by 0.9% while the Shanghai Composite is up by 0.1%. HSBC stocks in particular are outperforming, after reports of Ping An Insurance adding to their stake in the financial firm.
Both Nasdaq and S&P 500 futures are up by ~0.6% so that is also helping with the mood.
In the currencies space, the dollar is mildly weaker to start the day but it is still early to draw any real conclusions from the relatively minor movement so far.

European shares close lower

  
Analysis, Global Indices

Spain’s Ibex and Italy’s FTSE MIB give up gains,

The major European indices are closing the day lower across the board. Spain’s Ibex and Italy’s FTSE MIB gave up decent games and are closing lower. The provisional closes are showing
  • German DAX -0.3%.  The index traded up 0.33% at its high. The low extended to -1.03%.
  • France’s CAC -0.8%.  The high point reached +0.10%, while the low extended to -1.21%
  • UK’s FTSE 100 -1.3%.  The high point reached unchanged, while the low extended to -1.59%.
  • Spain’s Ibex -0.2% the high point reached +0.77%. The low extended to -1.38%
  • Italy’s FTSE MIB. -0.15%. The high point reached +0.91% while the low extended to -1.63%
Go to top