MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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 Trade Helps Bourses Higher

EQUITIES
  • A marked decline in daily new infections globally, alongside an impending fiscal stimulus package in the US, have buoyed reflation hopes and led risk assets higher.
  • Several equity markets in the Asia time zone have returned from LNY holiday's and posted robust gains. Markets in South Korea and Japan lead the way higher with gains of over 1.5%; South Korea posted strong export data for the first 10 days of February, while Japan posted Q4 GDP data above estimates which saw the Nikkei 225 trade over 30,000 for the first time in 31 years.
  • Futures are higher in the US, e-mini S&P up around 16 points as the major indices touch record highs. Volumes and news flow are expected to thin today with US participants observing President's Day.
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.