MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

MNI: PBOC Sets Yuan Parity Higher At 7.1896 Tues; -1.71% Y/Y

CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

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

Firmer, Aided By China/HK Gains

EQUITIES

Regional equities are mostly tracking with a firmer bias, although gains are mostly under 1% at this stage. Markets have taken a positive cue from EU/US gains on Monday, particularly in the financials space. US futures are a touch firmer at this stage (around +0.10% for Eminis and Nasdaq futures), while EU futures are comfortably higher.

  • US futures did firm on headlines that the US is studying guaranteeing all bank deposits, but we didn't see much follow through. Presumably because it is only under consideration at this stage rather than being enacted.
  • China and Hong Kong stock indices have extended gains this afternoon. Both the CSI 300 and HSI are up 1%. Gaming/tech related stocks have risen, after China regulators approved 27 foreign games late yesterday.
  • This is the first fresh round of approvals since late last year and is giving the market optimism that regulatory oversight of the sector won't be as strong as it was in 2022.
  • Japan markets are closed today, while South Korea is +0.40% for the Kospi and +0.55% for the Taiex. In Singapore the STI is near +1%, with bank names enjoying a better session today. The ASX 200 has climbed 0.82%, with similar drivers in play.
HomepageEquitiesBulletMarketsFixed Income BulletsForeign Exchange BulletsAT&T Market NewsBank of America 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.