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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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Free AccessMNI UK Inflation Insight: October 2024
MNI UK Inflation Insight: October 2024
Markets Mixed, But US Futures Outperform On Vaccine Trial Support
European equity markets are mixed, with German, Spanish and EuroStoxx markets broadly flat, while UK markets lag (FTSE-100 -0.2% at pixel time). In futures space, US indices are uniformly higher, with the e-mini S&P up just shy of 40 points.
Much of the equity bid stems from the resumption of the AstraZeneca/Oxford COVID-19 vaccine trial, which underwent a routine pause last week.
In Europe, the tech sector is outperforming, closely followed by industrials and consumer discretionary, while energy and healthcare are the laggards.
The 50-dma for the Dec-20 e-mini S&P continues to provide support (was tested on a number of occasions last week), today coming in at 3310.49.
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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.