MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ending A Listless Session On A Softer Note

US STOCKS
  • The S&P e-mini at 4560 (-0.2%) is ending the session on a weaker note but remains within earlier ranges after a volatile day with little clear trend.
  • It continues to sit towards resistance at 4580.5 (Nov 22 high) after which sits key resistance at 4597.5 (Sep 1 high), whilst support is seen at 4501.75 (Nov 16 low).
  • Treasuries have seen a solid rally today, but it has predominantly been borne out in lower breakevens with a small decline in real yields, offering less of a macro tailwind to stocks (10Y yield -7.8bps, breakevens -5.2bps).
  • The Nasdaq 100 outperforms (unch) whilst the Dow and Russell 2000 marginally underperform (-0.24/-0.3%).
  • As for SPX, real estate (+0.6%) and consumer discretionary (+0.3%) lead whilst energy (-0.8%) and health care (-0.7%) lag. Hinted by the Nasdaq outperformance, some large names help aggregate bias returns higher, with Nvidia and Amazon paring earlier gains but both still +1%.
Homepagemarkets-real-timeEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.