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Policy
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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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Free AccessMNI China Daily Summary: Wednesday, December 11
NASDAQ Charges to New Highs, Shrugging Off Europe's Lockdown Woes
- Friday proved a choppy session, with equity futures across Wall Street and Europe slipping sharply on news that Austria was to become the first Western nation to re-enter pandemic-era lockdowns for both the vaccinated and non-vaccinated populations. Fears that Germany could soon follow were swiftly refuted, as the German foreign minister ruled out a 'general' lockdown, but indicated that options remain for restrictions on those without immunization.
- As Germany ruled out a broad lockdown, sentiment recovered somewhat, allowing futures to recover off bottom and help buoy the NASDAQ to new record highs. Underpinning the tech outperformance, semiconductors traded firmly, with strong earnings this week and a statement from South Korean and US authorities easing concerns over tight supply chains.
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.