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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 in Asia are mainly lower, in Japan....>
STOCKS: Stocks in Asia are mainly lower, in Japan the Nikkei 225 is 29 points
lower at 22,570. The index opened flat, but quickly fell to session lows of
22,502 before bouncing. 6/11 sectors are in the green, the breakdown mirroring
the progress of US stocks today. Financials lead the way higher, up 2.55%, as
yields rise across the curve. IT leads the way lower, down 1.28%, sources note
that the US sector rotation has bled through into Asia.
- In Australia the ASX200 is down 40 points at 5970, the index declined sharply
at the open alongside other Asia-Pac indices before bouncing off lows at 5950
and seeing tight, rangebound trade. 8/11 sectors are in the red, IT shares again
slipping and Financials also getting hit on continued worries over a probe into
misconduct in the sector.
- In China shares are lower, the Shanghai Comp is down 9 points at 3329, the
index is down 1.9% on a 1 month basis the worst loss since April. In Hong Kong
the Hang Seng is down 376 points at 29,246. On a 1 month basis the Hang Seng is
still up 3.5% but the recent decline has eaten in to the gains.
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.