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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
The majority of the major regional indices...>
STOCKS: The majority of the major regional indices moved higher during
Asia-Pacific trade, discounting Monday's late story focused on U.S.-China trade
worries, after BBG ran headlines noting that the U.S. is planning tariffs on all
remaining Chinese imports if Trump-Xi talks, scheduled for next month, fail.
Subsequent reports from Fox were run re: White House unaware of any new
developments pertaining to the BBG story, while some suggested that the BBG
story contained no fresh information.
- Risk on flows garnered more traction during Asia-Pac trade, on BBG covering
U.S. Pres Trump predicting a "great deal" with China.
- The Nikkei 225 added 1.3%, the ASX 200 added 0.9%, while the CSI 300 added
1.0%. The Hang Seng managed to underperform shedding 0.2%.
- Focus was on China, as the county's benchmark indices recovered early losses
on the back of Trump's comments. Elsewhere, Chinese securities regulators
pointed to easing liquidity in the market, encouraging M&A & value investing.
Car tax reform rumours also supported the auto sector.
- U.S. index futures moved higher.
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.