Free Trial

Estoxx futures is sold on the Cash open

EQUITIES
  • VGH4 is sold in over 5k on the cash open, and targets this week's low of 4459.00, also the lowest print in a Month, since the 5th December.
  • A clear break through the latter, opens to 4436.30 50-day EMA.
  • Not seeing any spill overs into the Emini, but the contract still trades at its lowest level since the December FOMC.
  • Downside area of interest in ESH4 is at 4703.81, not a tech level but where it was trading pre FOMC on the 13th December.

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.