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STOCKS: E-minis now trade mixed, with early gains fading. The NASDAQ 100
contract is outperforming on the back of the aforementioned solid round of tech
earnings released after hours on Wednesday.
- Little of note out there news wise, outside of the previously flagged
headlines from a RTRS interview with U.S. President Trump re: China.
- Chinese PMI data due at the top of the hour. Analysts look for mild
expansionary readings across the 3 surveys. As a reminder, the official surveys
are focused on the larger businesses, who have seemingly coped better with the
COVID-19 lockdown, when compared to SMEs (monetary and fiscal policy measures
are currently focused on driving the resumption of activity at SMEs).
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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