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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 AccessEurope Leads Stock Bounce, With Energy Names on Front Foot
- Stocks are uniformly higher across the continent, with Spain's IBEX-35 (notably the worst performer on Tuesday) at the top of the pile. Oil & gas names are leading the rally, with WTI and Brent crude's 5% daily gain flattering margins and fueling solid gains. Financials also trade better following the rout in bank names after Fed chair Powell's testimony on Tuesday.
- In futures space, the e-mini S&P is higher by just over 1%, but all three major indices are indicating a higher open in a few hours' time. The index sits between the week's extremes of 4557.00 and 4669.75, which mark immediate targets on the way higher or lower.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.