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Global Macro
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Japan Oct Real Wages Unchanged Y/Y
MNI ASIA OPEN: Focus on November Jobs Ahead Fed Blackout
MNI ASIA MARKETS ANALYSIS: Consolidation Ahead Nov Jobs Report
Banks Enjoy Brainard Bounce
- Financials and banks rallied sharply at the open, with Wall Street welcoming news that Brainard had been elevated to Vice Chair at the Fed, but not put in the separate role of supervision.
- Brainard had been seen as being more aggressive on bank regulation, helping prompt a decent rally across Wells Fargo, Morgan Stanley, JPMorgan shares and others.
- The e-mini S&P lurched higher on Powell's confirmation as being nominated for a second term, rising to touch 4740.50 - a fresh alltime high. The focus is on 4747.68 next, a Fibonacci projection. Trend signals such as moving average studies are in a bull mode set-up and corrections remain shallow, reinforcing the bullish theme.
- European markets were more mixed, with the EuroStoxx50 and DAX indices finishing in minor negative territory.
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.