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Why MNI
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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 AccessThis is the last trading day of Q3, in.......>
STOCKS: This is the last trading day of Q3, in September we saw the Nikkei rally
to 2-Year highs but we today see a second day of losses so far for the Nikkei
225 down 58.07 at 20305.04 coming into the lunch break, still hovering around
its highest levels. Stocks have this month been mixed, they are under intense
geo-political tensions and pressure, the dollar is strong, the Fed speakers this
week have all given hawkish remarks on rate hikes and Pres. Trump announced tax
cuts in the tax reform.
- The Hang Seng index is currently up around 70pts leading into the Chinese
holiday 'The Mid-Autumn Festival,' this is a week long holiday and this has
brought optimism to the market with 'consumer staples' being the best fairing
sector. Ahead of 'Labour Day' on Monday for Aus the nation seems to be taking a
day off, the ASX 200 is up but mildly by around 5pts. Hong Kong is also on
holiday on Monday for 'The Day After National Day' so that will be a quiet day
for stocks.
- US and European stocks ended the overnight session mixed, the larger 4 indices
for both were up.
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.