MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

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

CANADA Q3 GDP ANNUALIZED +1.0% AS EXPECTED ON GOVT, CONSUMERS

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Indices Soft, But Lockdown Themes Outperform

EQUITIES
  • Headline indices all traded lower Tuesday, with the e-mini S&P rolling well off the alltime highs posted in early Asia hours. Bluechips led the way lower, with the Dow Jones Industrial Average falling 1% or more at some points of the session to narrow the gap with 50-dma support.
  • Weakness across all three major US equity indices follows increased concern over the more transmissible delta variant of COVID as well as a weaker-than-expected ISM services index. This translated to outperformance in lockdown-themed trades including Zoom Communications and Amazon and a bias for risk-off, which flattened the Treasury curve and worked in favour of the US dollar.
  • Continental markets were similarly weak, with Germany's DAX and Spain's IBEX-35 leading with losses of 1% apiece.
EM BulletHomepagemarkets-real-timeFixed Income BulletsEquitiesBulletMarketsEmerging Market NewsForeign Exchange Bullets

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.