Free Trial

Stocks Bid Into the Friday Close

EQUITIES
  • E-mini S&P sees some more buying interest headed into the close, new all time highs printed for futures at 4,106. This extends the RSI into overbought territory - now at just over 71 points and highest since late Aug/early Sep last year.
  • Catalyst may have been Lagarde speech on CNBC, ECB President said the PEPP envelope could be expanded or extended if required, although was a delayed reaction if so, and nothing we haven't heard before from the ECB.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.