Free Trial

Fiscal Package Chatter

SNAPSHOT

Not far off early estimates of $2T, NYT article reports Pres elect Biden's fiscal stimulus package to be discussed at 1915ET (still tentative) will be $1.9T. Not a lot of react, Tsys declined slightly, equities hold near lows. Key market levels:

  • DJIA down 9.86 points (-0.03%) at 31049.36
  • S&P E-Mini Future down 7.75 points (-0.2%) at 3796
  • Nasdaq down 1.5 points (0%) at 13127.22
  • US 10-Yr yield is up 5.1 bps at 1.1343%
  • US Mar 10Y are down 7.5/32 at 136-17
  • EURUSD up 0.0002 (0.02%) at 1.2159
  • USDJPY down 0.13 (-0.13%) at 103.76
  • WTI Crude Oil (front-month) up $0.73 (1.38%) at $53.63
  • Gold is up $0.57 (0.03%) at $1846.15

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.