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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 AccessStocks Backtrack Recent Rally
Core European equities trade lower in early European hours, with markets backtracking some of the gains posted since the beginning of the week and the vaccine-induced rally. Most markets trade lower by 0.5-1.0%, with US index futures following suit.
Across Europe, the energy and financials sector is underperforming and leading losses (they were among the main beneficiaries of Monday's rally). Communication services and tech firms are holding more water.
This is echoed in individual performers, with Ubisoft Entertainment and Ocado among the top risers, while Rolls-Royce and Trainline retrace.
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.