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Why MNI
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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Copper, Oil Selling Off Alongside Equities
A turn for the worse in US equities following the cash open leaves the e-mini S&P higher by just 0.2% or so on the day (after trading with gains of as much as 1.1% pre-opening bell), with risk appetite seemingly knocked back on fading hopes for an imminent stimulus agreement to be reached by US lawmakers.
WTI and Brent crude futures have traded lower by as much as 5% on the session, with copper shedding over 3.5% without finding support.
Absence of Chinese participants could also be adding to the downside pressure, with the beginning of China's Golden Week holidays possibly crimping demand.
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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.