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Standalone U.S. Fiscal Potential Cushions E-Minis

EQUITIES

U.S. President Trump's choice to introduce the prospect of standalone airline support and PPP fiscal aid provided some support for the broader equity space as we moved through the Asia-Pac session, allowing e-minis to briefly move back into positive territory.

  • A reminder that Tuesday's NY session saw the President pull the proverbial rug from under the broader fiscal negotiations, which weighed on risk into the close.
  • Prospects of further RBA easing al provided support to Australia's ASX 200.
  • Nikkei 225 -0.2%, Hang Seng +0.6%, CSI 300 closed, ASX 200 +0.9%.
  • S&P 500 futures unch., DJIA futures unch., NASDAQ 100 futures unch.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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