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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
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Emerging Markets
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Data
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Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI:Largest Canada New Home Price Dip Since `09 Led By Toronto
MNI: Canadian Oct Retail Sales Rise For Fourth Straight Month
MNI POLITICAL RISK - Trump Cabinet Hits First Roadblock
Late Equities Roundup: Chip Stocks Carry Rally For Second Day Running
- Stocks trade near late session highs with some modest profit taking doing little to dent the risk-on tone following this morning's in-line CPI and Retail Sales beat. S&P Eminis are back at levels not seen since April 1, currently up 55.25 points (1.05%) at 5324.75, DJIA up 277.96 points (0.7%) at 39835.38, Nasdaq up 219.3 points (1.3%) at 16730.
- Eminis continue to extend the bull cycle from Apr 19, nearing key resistance and bull trigger at 5333.50, the Apr 1 high. Clearance of this hurdle would confirm a resumption of the medium-term uptrend.
- Information Technology and Real Estate sectors led gainers for the second consecutive session, chip stocks continue to buoy the former: Advanced Micro Devices and Teradyne both +3.88%, Nvidia +3.65% and Broadcom +3.6%. Estate management and Investment trusts buoyed the latter: American Tower +3.31%, CBR Group +2.92%, Public Storage +2.58%.
- Laggers: Consumer Discretionary and Materials sectors underperformed in early trade, autos and parts makers weighed on the former: Tesla -1.63%, Ford -1.72%, Aptiv -1.12%. Meanwhile, chemical makers weighed on the Materials sector late: Albemarle -5.94%, FMC Corp -3.56%, LyondellBasell Ind -1.48%.
- Late cycle earnings releases still expected this week: CIsco, B Riley, Walmart, Deere & Co, Applied Materials and Take Two Entertainment.
To read the full story
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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.