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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.
CROSS ASSET
- Nasdaq trades at session high, up half a percent.
- On this side of the Atlantic, Tech stocks are up 0.78%
- No impact in USD on the Equity bid.
- The Greenback trades in the green across G10, beside the NOK and GBP.
- Worth keeping an eye on the USDNOK, given the continued rise in Oil prices and the 200d MA, where the pair has failed to break below since the start of July.
- The 200d MA is situated at 8.5533, and we did print a 8.5459 low yesterday.
- A break below the latter opens to 8.514 initially.
Chart source: Bloomberg
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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