Unum Group is engaged in providing financial protection benefits. It operates through the following segments: Unum U.S., Unum UK, Colonial Life, Closed Block and Corporate.
The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability,...
"Energy-stock valuations have come down this year and are below their long-term average. And many industry players are responding to investor pressure to rein in capital spending, curb supply, boost returns, and pay out more to shareholders in dividends and stock repurchases," Andrew Barry.
Looking to trade the short-term reversal.
Calculating the J200 to open in the red this morning -183 points.
US markets closed lower on Friday.
Asian markets trading lower this morning.
Tencent down -0.99% currently.
ZAR slightly weaker this morning (more downside to come)
S&P futures flat.
UK futures pointing lower.
Traders should look to profit on arbitrage between the ALSI open and the J200 open call.
Calculating a negative open on the J200 -215 points.
ZAR weaker this morning.
US markets ended lower yesterday.
Asian markets trading lower this morning.
FTSE futures lower this morning.
Traders should look to profit form arbitrage opportunities between the the ALSI open and the J200.
Calculating the J200 to open down -198 points.
Tencent down -1.8%
US & FTSE futures pointing lower
US markets ended lower yesterday
Asian markets trading mostly lower this morning
Traders should look to profit arbitrage between the ALSI open and the Unum J200 open call
On Wednesday all eyes were on the US Federal Reserve as market participants awaited the commentary following the near-certain 25 basis point hike which saw the lending rate increase from 2.00% to 2.25%. General commentary from the committee highlighted the most known factors including: (1) the health of the US economy (2) low unemployment (3) rising wages...
On Tuesday the JSE came under pressure as it caught up with a softer global sentiment driven by traders expecting economic data, USD-China trade negotiations as well as political maneuverings out of Washington. For the day, the All Share Index was lower by 0.49% while the Top 40 declined by 0.64%. Leading the declining were financials, with Standard Bank and...
Based on my calculations I derive a negative open on the J200 -249 points.
The UK market finished weaker yesterday.
US markets ended mostly lower yesterday.
Tencent trading down -2% currently.
S&P and FTSE futures pointing lower.
Traders should look to profit from arbitrage opportunities between the ALSI open and the J200 open based on our caculations.
Global equities got off to a weaker start this week as traders assessed the impact of further tariffs as well as a slew of economic data and potentially market-moving events for the week ahead. This morning we saw the release of the Bank of Japan Monetary Policy Meeting Minutes while tomorrow the US Federal Reserve's Interest Rate Announcement is made known...
Wednesday saw the release of a key piece of SA economic data which helped the Rand gain versus the major currencies. Inflation for the month of August (YoY) came in at 4.9% versus a prior reading of 5.1% and consensus forecast of 5.2%. This saw the Rand gain by approximately 27 cents versus the US Dollar, closing the session just above the R14.60 level from a...
Calculating a positive open on the J200 +193 points.
Tencent currently +2.03%
ZAR slightly stronger.
US & FTSE Futures pointing upwards.
Traders should look to benefit from arbitrage opportunity between the ALSI open and the Unum Capital J200 open call.
Unum Market Commentary: Equities Stable As Traders Shrug Off Trade Woes; Copper Rebounds
On Tuesday, traders appeared to ignore the threat of a trade war, instead focusing on a softer US Dollar to drive sentiment throughout the session which saw equities largely higher on the day. On the JSE, the All Share Index added 0.15% while the Top 40 managed to stay in...
It was a risk-off start to the trading week for global equities as new rounds of jabs between the United States and China regarding trade saw Asian equities attract sellers early in the session, with the the major Hang Seng and Shanghai Composite Indices losing over 1% each while the Nikki bucked the trend, adding 1.19%. In Europe, markets continued with the...
Despite being down on the week, South African equity markets managed to stage a short term recovery to bounce back from it's mid-week week lows as bargain hunters sought the opportunity to accumulate. Another factor that drove the recovery was a rebound in Chinese markets following a prolonged sell-off. For the session, the All-Share Index added 0.74% while the...
On Thursday, South African equities managed to bounce back with a 0.38% gain for the All Share Index while the Top 40 Index managed to add 0.35% for the session as emerging market assets found support on the back of a weaker US Dollar driven softer inflation data which also curtailed expectations of aggressive rate increases by the US Federal Reserve. We also saw...
South African equity markets continued to trade with a downside bias, this time being held back by financial sector as stocks such as Firstrand, Standard Bank and Absa fell sharply. For the session, the All Share declined by 0.40% while the Top 40 index shed 0.45%. On the upside, winners included British American Tobacco benefited as the US Food and Drug...
Unum Capital: Technical Trade Ideas - FTSE100 and GBPUSD
This morning the UK's FTSE 100 Index Future and GBP/USD feature among my trade ideas.
FTSE 100 Index Future (Buy/Long)
Over last few weeks the British Pound has rallied on the back of positive developments in the UK around Brexit. We have also seen some positive data being released which...
On Tuesday, many traders and investors on the JSE most likely knocked off and called it a Tough Tuesday! If one looks at the scoreboard, it certainly appeared to be, with the All Share Index closing lower by 0.95% while the Top 40 Index was 1% in the red however well off the lows of the day. Leading the decline on the downside was Pepkor with a 3.26% decline...