Free Trial

Stocks Bounce in Europe, France Leading

EQUITIES

Global equity markets have bounced throughout Asia-Pac and European hours Friday, with core European bourses uniformly higher. French stocks are outperforming, with gains of around 0.7%. Financials and tech names in Europe are outperforming, while defensive healthcare and utilities names are the laggards.

The e-mini S&P is higher by 10 points or so, but is still yet to top the Thursday highs which remain first resistance at 3930.00. VIX futures are in negative territory and remain on course to hit new 2021 lows should the current weakness persist in NY hours.

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.