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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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Emerging Markets
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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.
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Free AccessEquity Roundup: On the Downswing, SEC Reg Talk
- Other headline news included profit warnings for Credit Suisse overnight that may trigger more lay-offs (this a day after execs looked to expand managing directors at the bank by appr 40. Unverified market chatter over potential purchase of CS by State Street.
- Meanwhile, Twitter bounce after headline will comply with Elon Musk request for more acct spam data.
- Technicals: current consolidation appears to be a bull flag, reinforcing short-term bullish conditions. Attention on 50-day EMA at 4178.15 today where clear break would strengthen a bullish outlook and open 4303.50, the Apr 26/28 high. Gains are still considered corrective and the primary trend direction is down. First support to watch is 3960.50, May 26 low.
- SPX leading/lagging sectors: Energy sector continues to gain (+15%) underpinned by surge in crude (WTI +3.20 at 122.61). Laggers: Real Estate (-2.05%) and Materials (-2.02%).
- DJIA -320.72 (-0.97%) at 32861.68; Nasdaq -101.4 (-0.8%) at 12073.37.
- Dow Industrials Leaders/Laggers: Caterpillar (CAT) +4.72 at 231.82, Chevron bid (CVX) +2.06 at 182.26. Laggers: United Health Care (UNH) -6.9 at 490.20, Goldman Sachs (GS) -6.41 at 315.10, Home Depot (HD) -3.12 at 298.65
To read the full story
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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.