Free Trial

US Equities are losing some momentum

CROSS ASSET
  • US Equities are fading, lost its upside momentum, and similar price action across multi assets, Govies are off their best levels, Bund still trades in a very 25 ticks range in quite poor volumes of under 70k for this early time of the day.
  • The Pound has also faded somewhat, although the earlier bid was minimal and USD driven, with the latter offered on the back of the Risk On tone.
  • Nonetheless, these upper levels in Emini, would still suggest a potential record opening high later today, as Cash markets re open and catch up with some of Yesterday/Today's moves.

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.