DAILY MARKET REPORT

DAILY MARKET REPORT

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...
DAILY MARKET REPORT

DAILY MARKET REPORT

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...
DAILY MARKET REPORT

DAILY MARKET REPORT

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...
DAILY MARKET REPORT

DAILY MARKET REPORT

Today, the voters go to polls in an election that will cover the plan for Brexit under Prime Minister Boris Johnson or move Britain via another referendum that could eventually change the decision to transmit the European Union. EQUITIES UK shares and European shares rose slightly on Thursday as investors awaited the outcome of a...
DAILY MARKET REPORT

DAILY MARKET REPORT

Saudi Aramco (SE: 2222) IPO begins trading on Tadawul Exchange (Saudi Exchange). Shares surge 10% on their debut. EQUITIES Shares in Aramco, the Saudi-owned oil giant, spiked 10% Wednesday when they hit the market in the world's biggest-ever IPO. The shares leapt to 35.2 riyal ($9.39) each, up from the IPO price of 32 riyals...