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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The major Asia-Pacific stock benchmarks......>
STOCKS: The major Asia-Pacific stock benchmarks have clung to the tails of
Wednesday's Wall St. surge, after the Dow added 1,000 points for the first time
in history on the back of a tumultuous Christmas Eve for stocks. Nothing in the
way of a standout catalyst was identified for Wednesday's rally. Several reasons
were cited including positive Christmas holiday words from Trump, WH econ.
Adviser Hassett stressing that Fed Chair Powell & Tsy Sec Mnuchin have total job
security, with chatter of year end rebalancing at play, in addition to over
extended moves pre-Christmas also being cited.
- Nikkei 225 (+4.0%), CSI 300 (+0.6%), Hang Seng (+0.6%) & ASX 200 (+1.8%) all
trade higher at writing.
- U.S. index futures have struggled during Asia-Pacific hours, but do operate
off of worst levels. S&P 500 futures (-8.25), DJIA futures (-65.00) NASDAQ 100
futures (-31.75).
To read the full story
Sign up now for free trial access to this content.
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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.