NIKKEI 225 RISES ABOVE MA5 ON U.S.-CHINA TRADE OPTIMISM

Posted by Research Analyst in News on February 19, 2019

Nikkei 225 futures are currently trading at 21245-higher by 0.04% as compared to the previous closing. The contract closed in the positive territory in the last trading session also. In the Cash Markets, the Nikkei 225 inched up 0.10% to close at 21,302.65 on Tuesday. The benchmark today closed at its highest level since mid-December. The benchmark rose today on hopes of a breakthrough in U.S.-China trade talks, though the gains were led by defensive

Read More  

WTI RISES ABOVE ALL MAs ON OPEC OUTPUT DEAL

Posted by Research Analyst in News on February 18, 2019

WTI Crude futures are currently trading at $55.97-higher by 0.43% as compared to the previous closing. Crude gained for a fifth day on Monday and is on track for its strongest first quarter in eight years. Oil prices rose today due to a growing belief among investors that OPEC’s supply cuts will prevent a build-up in unused fuel, though concern over Chinese economy limited gains. Brent crude futures were trading at $66.33-lower by 0.03% as

Read More  

DOW JONES RISES ON TRADE HOPES; INDUSTRIAL PRODUCTION DISAPPOINTS

Posted by Research Analyst in News on February 15, 2019

DJ 30 futures are currently trading at 25761- higher by 1.39% as compared to the previous close. The contract, however, closed in negative territory in the last trading session. In the Cash Markets, the DJIA was up 0.87% at the time of writing. The broad-market index rose today as Goldman Sachs and J.P. Morgan Chase outperformed. U.S. equities gained today amid increasing hopes for a U.S.-China trade deal as equities were on pace to post

Read More  

S&P 500 WOBBLY ON TRADE TALKS AND RETAIL SALES

Posted by Research Analyst in News on February 14, 2019

S&P 500 futures are currently trading at 2752.25- higher by 0.09% as compared to the previous close. The index futures, however, closed in negative territory in the last trading session. In the cash markets, the S&P 500 edged up 0.041%. The broad-market index came into Thursday’s session riding four-day winning streaks. U.S equities fell earlier in the session on the release of much weaker-than-expected retail sales data as well as lingering uncertainty around U.S.-China trade

Read More  

HOUSEBUILDERS, PACKAGING SHARES LIFT FTSE 100; CPI DISAPPOINTS

Posted by Research Analyst in News on February 13, 2019

FTSE 100 futures are currently trading at 7122-higher by 0.63% as compared to the previous closing. The contract, however, closed in the negative territory in the last trading session. In the cash markets, the blue-chip share index inched up 0.90% to 7197.40 at the time of writing. The broad-market index rose today as positive results and hopes of a possible delay to exit from the European Union lifted housebuilders, while packaging firms DS Smith and

Read More