MNI BRIEF: China Equip't Renewal Policy Includes Foreign Firms

MNI China Daily Summary: Wednesday, July 17

MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

US MBA: REFIS +15% SA; PURCH INDEX -3% SA THRU JULY 12 WK

MNI: US MBA: MARKET COMPOSITE +3.9% SA THRU JUL 12 WK

Final June HICP Confirms Sticky Services Narrative

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Nasdaq and politics

EQUITIES

Nasdaq futures pare some of its overnight and momentum selling during the morning busy European morning session.

  • Tech stocks are under pressure, on the likelihood of a double Dem Georgia wins.
  • Desks and investors are concerned on policy related key issues, such as antitrust law and net neutrality.
  • Biden in his mandate pointed out to 4 priorities, as soon as he takes office. Covid, economic recovery, racial equity, and climate change.
  • Although tech was mentioned,, the focus here was more on expanding Internet access, than regulation on the bit tech,
  • Forward outlook is still unclear, but worth remembering that Internet companies have been some of Biden's top donors.
  • Technically: Further downside traction in NQH1, would eye support at the 21st Dec double bottom (hourly chart) at 12461
EquitiesBulletMarketsFixed Income BulletsForeign 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.