Daily summary

Hello Everyone, Merry Christmas Eve. US markets closed higher on Monday SANTA rally continues. We expect Trading will be thinned out today and liquidity is expected to remain low as many are already on the vacation mood. EQUITIES Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday...

Stock markets in China and Hong Kong were trading higher Monday morning following news that China will reduce tariffs on tech and some agricultural products on Jan. 1 and that the state-backed semiconductor fund will sell some of its holdings in some key tech companies. EQUITIES European shares dipped slightly on Monday after nearing a...

Today we have the high impact economic events like Final GDP figures from the UK and US which will exhibit sharp movements in the global markets. EQUITIES Asian shares snoozed near 18-month highs on Friday as trade thinned in the run-up to Christmas and investors seemed content to digest the chunky gains already made so...

Bank of England Rate Decision at 12:00 GMT Today, one of the last big central bank meetings this year. BoE is expected to leave interest rates unchanged. EQUITIES China’s benchmark equity market gauge ended flat on Thursday as investors awaited further details on the ‘phase one’ trade deal between Washington and Beijing. But the Australian...

FedEx shares plunged to more than 5% on Tuesday after the shipping giant reported a second-quarter earnings miss. Revenue: $17.3 billion vs. $17.66 billion expected & Adjusted earnings per share: $2.51 vs. $2.78 expected. EQUITIES Japanese shares ended lower on Wednesday after data showed that the trade-reliant economy’s exports shrunk for the 12th straight month...