Free Trial

Breaking out higher

EQUITIES
  • US and European Equities are breaking out higher, ahead of the PMIs, Estoxx (VGH4) test immediate resistance at 4536.00, while ESH4 now test that next immediate resistance.
  • USD on the follow, is at intraday lows against the SGD, NOK, CHF, CAD, CZK, ZAR, ILS.
  • CNH, CNY have pared that initial small move lower, on the "POBC will cut RRR by 0.5% from the 5th February", and AUD also finds a bid.

To read the full story

Close

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.