LVMH Trades at mid ranges after initially falling on margin concerns despite a beat (see chart).
The stock gaped lower on the open, after trading close to the all time high yesterday.
Printed a 805.80 record high on the 18th January.
In cash Stoxx600 is down 0.11%, Basic resources and Retail are the early losers, down 0.96% and 0.82% respectively.
Energy and Auto/parts are the leading stocks.

Chart source: MNI/Bloomberg

76 words

To read the full story

Free Trial Log In

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Enter your Country

Enter your Phone

Areas of interests

FI Market:

Focusing on the Fixed Income market, our specialist approach makes us a resource relied upon by the world’s most prominent financial market investors. Our real-time insight and intelligence is renowned for leading and shaping the debate on key market issues, giving our customers the edge in identifying short- and medium-term market trends.

Offers original, real-time commentary on the fixed income market, including live coverage from Chicago’s futures trading floor.
Focuses on trading flows, market sentiments, economic data, monetary & fiscal policy, central banks market activity, global capital flows and market intelligence.
Central bank previews and review reports
Comprehensive coverage of sovereign bond issuance
Includes FI Position Indicator and FI Technical Analysis.

FX Market:

Focusing on the Foreign Exchange market, our specialist approach makes us a resource relied upon by the world’s most prominent financial market investors. Our real-time insight and intelligence is renowned for leading and shaping the debate on key market issues, giving our customers the edge in identifying short- and medium-term market trends.

Minute by minute reporting on FX markets.
Central bank previews and review reports
Focuses on trading flows, central bank activity, FX options and cross-asset flows.
Includes FX Options Monitor, FX Position Indicator and FX Technical Analysis

Data:

As an accredited news agency and recognized by the world’s major central banks and national statistics agencies, MNI Market News is at the center of the financial market information infrastructure. Our succinct reporting approach allows for the identification of key data aspects at the time of release, trusted by traders and investors globally.

Policy:

Unrivalled Central Bank Policy coverage across G7 and China, delivering exclusive interviews with leading policymakers. We cut through the noise to convey the true policy message that impacts FX and Fixed Income markets.

MNI Research:

Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.

Emerging Markets:

Coverage that offers real-time actionable intelligence, analysis and insight on fixed income and foreign exchange markets in CEMEA, Asia and LatAm regions delivered in concise bullet point format.

High Speed Calendar:

Provides economic data releases with ultra low-latency from a trusted news source, either web-based or via a direct API feed integrated into your trading platform, portal or quantitative model. The calendar covers over 500 economic data points, major central bank rate decisions along with bond auction results. The calendar also has customizable features allowing the user to tailor the display to their requirements and also individual trading timezones.

Commodities:

MNI’s Oil and Gas service offers real-time, actionable intelligence and insight on global oil and gas markets, delivered in concise bullet point format, either via the MNI website, Bloomberg or the ICE platform. It is complemented by our email service, which provides weekly analysis of the energy sector, market roundups ahead of each regional trading session, as well as comprehensive previews of all OPEC meetings. Our Oil and Gas team includes former energy traders, industry experts, political risk analysts and macroeconomists, with full analyst interaction available.

Offers real-time insight on market price action, including product spreads, options, swaps
Industry insight:

Production and Consumption dynamics
Inventories, Reserves, Independent stocks
Shipping
Projects
Refining

Real-time Political and Geopolitical risk analysis impacting the oil & gas markets.
Proprietary technical analysis on key oil & gas markets.
DOE & IEA data.

MNI may contact you in your professional capacity with information about our other products and services that we believe may be of interest to you. You will be able to update your communication preferences via the unsubscribe link provided within your communication.

Why Subscribe to
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.

LVMH Trades at mid ranges after initially falling on margin concerns despite a beat (see chart).
The stock gaped lower on the open, after trading close to the all time high yesterday.
Printed a 805.80 record high on the 18th January.
In cash Stoxx600 is down 0.11%, Basic resources and Retail are the early losers, down 0.96% and 0.82% respectively.
Energy and Auto/parts are the leading stocks.

Chart source: MNI/Bloomberg

We are facing technical issues, please contact our team.

Your request was sent sucessfully! Our team will contact you soon.

MNI BRIEF: Canada Feb Teranet Home Price Index Record -11% YOY

MNI China Daily Summary: Friday, March 17

MNI BRIEF: PBOC Cuts RRR By 25bp To Boost Economy, Liquidity

MNI DATA FORECASTS: Fed, BOE To Lead

Fed Watch

MNI: US FEB INDUSTRIAL PROD +0.0%; CAP UTIL 78.0%

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

Corrective Bounce

US Voters Support Bank Rescue Measures But Consider It A "Bailout"

Short-Term Trend Needle Points South

Inflation Developments Since Feb 1 FOMC [2/2]

Inflation Developments Since Feb 1 FOMC [1/2]

Late SOFR/Treasury Option Roundup

Real-time Actionable Insight

MNI INTERVIEW: Credit Crunch Looms On Bank Runs-Ex-Fed’s Stein

MNI INTERVIEW: Americans' Top Concern Remains Inflation-UMich

MNI DATA FORECASTS: Fed, BOE To Lead

MNI INTERVIEW: Major Instability Would Force Rate Cuts-Papadia

EZ/UK Bond Supply Calendar: Slovakia, EU & Belgium issuing Mon

LVMH gaped lower

Why Subscribe to
MNI

MNI

PRODUCTS

EVENTS

TOPICS

Real-time Actionable Insight

LVMH gaped lower

Sign up now for free access to this content.

FI Market:

FX Market:

Data:

Policy:

MNI Research:

Emerging Markets:

High Speed Calendar:

Commodities:

Why Subscribe to MNI

MNI

PRODUCTS

EVENTS

TOPICS

Why Subscribe to
MNI