GBP News Stocks 

Europe stocks advance while British equities get left behind as sterling climbs

“European stocks mostly rose on Thursday, with the exception of U.K. equities as multinationals suffered from the continued run-up in the British pound” writes European Markets Editor for marketwatch.com. Kering KER, +1.17%  shares rose 1.7%.Of stocks in the spotlight, shares in Italian jacket maker Moncler MONC, +9.04%  surged after Bloomberg reported Kering, the French luxury brands owner, has held exploratory talks on buying it. M&G shares MNG, -3.65%   dropped for a second day, losing 3%, after the fund manager on Wednesday suspended redemptions from its flagship property fund. Source: marketwatch.com

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News Stocks 

Records Set, Billions Minted: Will Be Hard to Top 2019 Stocks…

“Both Goldman Sachs Private Wealth Management and UBS Global Wealth Management reckon American equities will rule supreme next year, citing better U.S. corporate earnings” writes Ksenia Galouchko for yahoo.com. The likes of JPMorgan Chase & Co., Credit Suisse Group AG and Morgan Stanley strategists project the latter will outperform U.S. stocks.A vanilla 60/40 portfolio — 60% stocks, 40% bonds — is now on course for its best year since 2009 — a feat that few see being repeated anytime soon. Source: yahoo.com

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News Stocks 

Even after record-setting run, stocks will continue to march higher: JPMorgan

“A growing chorus of strategists and investors are worried that U.S. and global stock markets have gotten ahead of themselves in recent weeks, as the major equity benchmarks set record after record, even as corporate earnings have declined in the third quarter and economic data continues to reflect a slowing U.S. economy” writes Markets Reporter for marketwatch.com. But J.P. Morgan’s head of global and European equity strategy, Mislav Matejka believes these fears are unfounded. “The upside for stocks remains material,” he wrote in a recent note to clients. “We’re countering…

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Markets News 

MOEX Reports Weak FX Volume, But Solid Equities in Q3

“MOEX posted a trading volume of RUB 3.3 trillion for the equities market in the third quarter” writes Celeste Skinner for financemagnates.com. During the third quarter, the fee and commission income for MOEX grew to RUB 6.4 billion ($100.3 million).London Summit 2019 Launches the Latest Era in FX and Fintech – Join Now In particular, the equities market recorded a fee and commission income of RUB 604.8 million.The derivatives market noted a fee and commission income of RUB 774.0 million.For the third quarter, the net fee and commission income was…

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Markets News Stocks 

Foreign holdings of China equities at record

“The Stock Connect is a scheme to allow foreign investors convenient access to the A-share market” writes Midwest Communications Inc for 95kqds.com. China is stepping up opening of its heavily policed, giant capital markets, having recently scrapped investment quotas under the Qualified Foreign Institutional Investor (QFII) scheme.Robust foreign inflows into the stock market of the world’s second largest economy come as major international index providers, including MSCI, FTSE Russell and S&P, have begun or are stepping up inclusion of China A-shares and bonds on global indexes.Graphic: Foreign investors hiked their…

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Futures News Oil Stocks 

Oil rises as trade optimism, rallying stocks boost demand optimism

“Oil futures rose Tuesday, finding a boost from positive expectations around U.S.-China trade talks, while a move further into record territory by U.S. stocks” writes Deputy Markets Editor for marketwatch.com. In energy products trade, December gasoline RBZ19, +0.74%  rose 0.7% to $1.6754 a gallon, while December heating oil HOZ19, +0.42%  was up 0.4% to $1.948 a gallon.January Brent crude BRNF20, +0.98%, the global benchmark, gained 50 cents, or 0.8%, to trade at $62.63 a barrel on ICE Futures Europe, a day after posting its highest close since Sept. 26.The Nymex…

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News Stocks 

Europe Stocks Sag From Highs as HSBC Slumps

“Downbeat results from banking giant HSBC Holdings cast a pall over Europe stocks on Monday, as equities on the Continent retreated from multi-month highs” writes Steve Goldstein for nasdaq.com. Downbeat results from banking giant HSBC Holdings cast a pall over European stocks on Monday, as equities on the Continent retreated from multi-month highs. Source: nasdaq.com

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Futures News 

European equities start to climb higher on the session

“I wouldn’t say that risk trades are going to start rallying from here but there is some mild optimism to start the week, though investors are likely to reserve some caution still” reports forexlive.com. That said, gains in the Eurostoxx main index are more measured with US futures also not getting all too hyped up for the time being.S&P 500 futures are only up by 0.2% still at the moment. Source: forexlive.com

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Markets News Stocks 

The bull market for stocks has ‘years’ left to run, says nearly 50-year veteran

“In an interview with MarketWatch, he insists we are in a secular bull market and the stock rally is far from over” writes Markets Reporter for marketwatch.com. He adds that anyone not retiring in at least the next three years stands to lose if they stop believing in this bull market.But now is not the time to run scared, says our call of the day from a nearly 50-year market veteran — Capital Wealth’s market strategist Jeffrey Saut — who has a knack for timing market pullbacks.Europe stocks SXXP, -1.03%…

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Markets News 

Dollar sluggish ahead of European markets open

“Markets are steadily grinding towards the end of the week with the dollar holding slightly weaker against European currencies as well as the yen today” reports forexlive.com. The yen is holding firmer amid weaker Treasury yields, with 10-year yields down by ~2 bps to 1.765% currently.Other major currencies aren’t really doing much as they trade mixed against the dollar, which in itself is a bit sluggish ever since the FOMC meeting.EUR/USD trades within a 20 pips range still but is near the upper extreme ahead of European trading while the…

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