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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 AccessAsian stocks have largely followed the.......>
STOCKS: Asian stocks have largely followed the gains seen in the US on the back
of a shift lower in rate expectations, but the rallies have been much less
impressive.
- The Hang Seng has given back all of its gains on the day even as US equity
futures remain firm. The 26500 level remains intact as support.
- The Nikkei is up 0.6%, back up through its 200dma but losing some steam in
response to renewed yen strength as US yields drop.
- The ASX is up 0.4% after giving back some gains after the hitting the 21-dma.
The double bottom pattern continues to suggest further upside potential.
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.