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CHINA RATES

China Repo Rates Decline Friday

CHINA PRESS

China May Increase Fiscal Spending in H2: Times

AUSSIE BONDS

IRs Pressured

Bears Target 124 Lat week's..........>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Target 124
Lat week's bearish reversal has allowed the 124 level and Jan 24 low at 123.79
come into view, below which would open the Jan 15 low at 123.40. Bulls need to
hold above here to keep the series of higher lows intact and target the 125.50
area to change the outlook. Above here would open a run at the 50-dma & ytd high
at 125.76/126.14.