MNI BRIEF: Aussie Q3 GDP Prints At 0.3% Q/Q

MNI BRIEF: Fed's Goolsbee Sees Rates Down 'Fair Amount' In '25

MNI BRIEF: December Fed Cut 'Absolutely Not' Off Table - Daly

MNI China Daily Summary: Tuesday, Dec 3

MNI BRIEF: China-Based UK Firms Facing Challenges

MNI: PBOC Net Drains CNY248 Bln via OMO Tuesday

MNI: AUSTRALIA Q3 GDP +0.3% Q/Q

EZ/UK T-Bill Calendar: Greece, EU Auction on Wednesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Wednesday

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

European Indices Defensive, But No Sharp Retracement

EQUITIES
  • Cash equity markets across the continent are modestly lower, with the EuroStoxx50 lower by 0.7% - with similar losses seen across Italian, French and Spanish markets. The UK's FTSE-100 is lower, but losses are limited to 0.2% or so.
  • Consumer discretionary and IT names are the poorest performing sectors, with consumer staples and real estate not far behind. Europe's financials sector is the sole group in the green, with Eurozone banks benefiting from higher yields across the curve.
  • US futures markets are trading similarly lower, with the e-mini S&P off around 20 points to remain anchored by the 50-dma at 4432.00. Nonetheless, the outlook remains broadly constructive following the rally off the Wednesday low last week, with markets eyeing the Sep27 high at 4472.00 as the first upside level.
  • The US earnings cycle continues this week, with highlights this week including Tesla, Intel, Verizon Communications and Netflix all on the docket. Full schedule found here: https://marketnews.com/mni-us-earnings-schedule-focus-shifts-to-healthcare-as-reports-pick-up
Homepagemarkets-real-timeEquitiesBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market News
Homepagemarkets-real-timeEquitiesBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market News

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.