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About Us
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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 UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Late Equities Roundup: Off Midday Highs, Financials, O&G Still Ahead
- Stocks are mostly higher in late Wednesday trade, off midday highs with the Nasdaq underperforming after this morning's post-CPI related volatility. Financials continue to lead gainers while Energy sector shares outpace IT stocks in the second half.
- Currently, the DJIA trades up 219.66 points (0.55%) at 39985.26, S&P E-Minis up 13.5 points (0.25%) at 5472.5, Nasdaq down 28.3 points (-0.2%) at 17159.55.
- Financials sectors lead gainers in late morning trade, Insurance and services names outpaced banks: Progressive +4.88%, Charles Schwab +4.37% and Allstate +4.36%. Oil and gas stocks buoyed Energy sector shares: Phillips66 +1.89%, Marathon Petroleum +1.51%, Targa Resources +1.46%.
- Conversely, Communication Services and Consumer Discretionary sectors continued to underperform in late trade, interactive media & entertainment weighed on the former: Google -3.02%, Warner Bro's -1.7%, Charter Comm -1.29%. Autos and Broadline retailers weighed on the Consumer Discretionary sector: Etsy -3.76%, Tesla -3.76%, Deckers -2.58. Meanwhile, Starbucks bounced off earlier lows to -1.99% after surging more than 20% yesterday after acquiring Chipotle's CEO.
- Note, late earnings announcements expected this week: Brinker Int, Samsonite and Cisco late Wednesday; Walmart, Applied Materials and Deere & Co on Thursday.
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.