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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 AccessBuilds On Gains
Oil is higher in Asia on Monday, building on Friday's gain. WTI is $0.32 up from settlement levels a $65.69/bbl, Brent is up $0.31 at $69.02/bbl. Markets digest data from China that showed while activity continues to expand, the pace slowed. Retail sales was the big miss at 17.7% compared to consensus 25%. Industrial output missed estimates at 9.8% Y/Y against 10.0% expected, while fixed asset investment was also narrow miss at 19.9% against 20% expected, while the jobless rate fell to 5.1%. Data showed that demand in India slowed as the nation battled the pandemic, road fuel sales dropped around 20% from the previous month data showed.
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.