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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 AccessCarry over from Friday's Wall St. rally....>
EQUITIES: Carry over from Friday's Wall St. rally left local equity trade with a
positive tinge in Asia-Pac hours, although the e-mini S&P 500's failure to break
above 3,200 limited the broader impetus.
- Some also looked to U.S. President Trump's inaugural (public) mask wearing as
a positive input for risk.
- The broader feel to the session, coupled with the continued uptick in Chinese
equity margin usage allowed the CSI to recover from an early downtick, although
the move wasn't anywhere near as forceful as what has been seen in recent
sessions. State media continue to caution on short-term risks to the recent
rally, while pointing to the need to develop a sustainable bull market.
- U.S. earnings season will provide a welcome break from the familiar sources of
broader market risk, this week's earnings schedule can be found via the below
link:
- https://emedia.marketnews.com/marketnewsintl/MNIEarnings1307.pdf
- Nikkei 225 +1.7%, Hang Seng +0.5%, CSI 300 +1.0%, ASX 200 +0.9%.
- S&P 500 futures +14, DJIA futures +141, NASDAQ 100 futures +43.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.