Free Trial

Holding onto gains

EQUITIES
  • Equities hold onto gains despite the US GDP, Durable goods and IJC beats.
  • VGU3 continues to extend post the ECB.
  • It has been a one way move since the EU cash open today.
  • Bank stocks are finding some offers at the 114.00 figure, did print a 114.01 high.
  • Nonetheless, investors will now be looking at that big SVB gap, from 114.93 up to 116.37.
  • Given the price action in futures, the US cash open will be closely watched in under an hour.
  • With Media and Tech leading in Europe, for now Nasdaq looks set to open 1.5% up.

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.