Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
EQUITIES
EQUITIES: US equity market futures hit the best levels of the session as stocks
rally in response to better oil prices. Markets paying attention to Bloomberg
headlines stating that Saudi Aramco have cut the discounts on their official
selling prices for their light crude headed to Asia. The discount has been cut
from $7.90/bbl to $6.50/bbl, helping lift both WTI and Brent in recent trade.
- The upside in equities is also evident in European energy names, helping lift
FTSE futures in particular.
- The e-mini S&P intraday high now sits at 2878.25, just below the weeks' highs
of 2889.75, which becomes the first upside target.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.