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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessAsia Stocks Generally Higher, Aided By U.S. Lead
The positive lead provided by Wall St. supported the majority of the major regional equity indices during Asia-Pac hours, with e-minis running little changed overnight.
- Hope re: the passing of the worst of the regulatory crackdown from Chinese policymakers allowed the Hang Seng's tech sector to rally, although the Chinese mainland indices lacked clear direction even as the PBoC stepped in with month-end/bond issuance related net OMO injections. Chinese state media also communicated the views of analysts pointing to diminished odds of a RRR cut from the PBoC in Q4, while the NBS pointed to known headwinds for the Chinese economy.
- The Hang Seng outperformed on the aforementioned strength for tech, adding over 1% on the day at typing.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.