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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 AccessMNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks
MNI BRIEF: China Sees Progress On EU EV Deal
Asian equity, saw Nikkei 225 reopened......>
EQUITIES: Asian equity, saw Nikkei 225 reopened lower on a negative lead from
Wall St, but local equities eventually trimmed some of their losses.
-Asian Equities are generally lower but off their worst levels. -Nikkei (NKU0)
bounced off 21560 overnight to 22140, in line with some of the US indices.
-Fear of a second Covid wave of infections is seen to be much stronger in the
US, than locally.
-Nikkei, Hang Seng and S&P/ASX 200 sits in negative territory, while CSI 300 is
trading close to flat.
-Corona virus remains in focus, but Asian pacific have so far kept the pandemic
under control.
-U.S. Treasury Secretary Steven Mnuchin said on Thursday he was working on
various capital markets responses to China's Hong Kong Security law.
- US Secretary of State Mike Pompeo will address a forum on democracy next week
that will also be attended by Taiwan's President Tsai Ing-wen and Hong Kong
activist Joshua Wong Chi-fung - a combination that is certain to infuriate
China. (SCMP)
To read the full story
Sign up now for free trial access to this content.
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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.