CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Reflation Rally Rolls-On

EQUITIES

Equity markets have extended their rally, taking another positive lead from the US. The reflation trade has been spurred by further good news in the Asia-Pac region on the COVID-19 vaccine roll out.

  • In Japan the Nikkei rose above the 30,000 handle, leading the way higher in Asia alongside the Hang Seng. The Hang Send opened sharply higher after returning from the LNY break, the index has overtaken its May 2018 peak and is up around 550 points. Markets in mainland China are still closed for LNY.
  • US futures are higher, last up around 0.7% and making new record highs again. On the geopolitical front there were reports of a rocket attack on a coalition base in Iraq, but the headlines had little impact on risk assets.
EM BulletFixed Income BulletsEquitiesBulletMarketsEmerging Market NewsForeign 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.