- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI China Press Digest Nov 28: Private Sector, PBOC, Bonds
PBOC Injects Net CNY96 Bln Tues; Rates Unchanged
MNI: PBOC Yuan Parity Lower At 7.1132 Tuesday; +0.18% Y/Y
MNI BRIEF: Aussie Retail Sales Fall In October
Equity Roundup: SPX +4.8% on Week, Tech/Autos Strong
Stocks trading firmer, inching off near recent midmorning highs (ESM2 4126.0) carry-over support after May minutes showed no discussion of larger rate hikes. SPX emini futures currently +60.25 (1.49%) at 4115.5 -- makes it +4.84% for the week.
- Technicals for SPX emini: Above key resistance, ESM2 through 20-day EMA of 4047.83 as well as May 9 high of 4099.0 w/ focus on 4191.98 50-day EMA.
- Clearance of this hurdle will strengthen bullish conditions. Otherwise, the broader trend remains down though. The bear trigger is unchanged at 3807.50, May 20 low.
- SPX leading/lagging sectors: Information Technology sector leads (+2.41%) as hardware and semiconductor share gain for second day. Consumer Discretionary sector remains strong (+2.14%) again lead by autos (Tesla +5.47% at 746.45). Laggers: Financials and Energy sectors both +0.82, midweek gains in bank shares starting to wane.
- DJIA +252.82 (0.77%) at 32891.37; Nasdaq +246.7 (2.1%) at 11987.67.
- Dow Industrials Leaders/Laggers: Microsoft (MSFT) +5.14 at 271.04, Apple (AAPL) +3.41 at 147.63 and Boeing (BA) +3.37 at 131.10. Laggers: United Health Care (UNH) -4.62 at 497.61, Salesforce (CRM) -.88 at 161.58, Home Depot (HD) steady at 302.81.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.