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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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Free AccessMNI Gilt Week Ahead
Crude oil rose above $55 per barrel on the......>
OIL: Crude oil rose above $55 per barrel on the overnight for the first time
since February after U.S. figures showed oil rigs declined by the most in more
than a year, gasoline stockpiles also reported lower and support grew for OPEC
to extend oil output cuts... Opening Asia Crude Oil extended gains above $55
amid tension in the middle-east, Crude oil was last at $55.76.
- On Saturday Lebanese Prime Minister Saad Hariri resigned from the Saudi
Capital of Riyadh, Saudi Arabia's office news agency then reported the country's
military had intercepted a Yemen-borne ballistic missile over Riyadh and finally
news came down that some of 17 of Saudi Arabia's most high profile princes and
businessmen were being detained on corruption allegations, led by the Crown
Prince of Saudi Arabia, Mohammed Bin Salman.
- MNI Technical analysis sees support at $55.62 - Hourly support Nov 3 and
resistance at $56.31 - Daily Bull channel top (off Aug low.) Hesitation ahead of
the longer-term bull channel top came to an end Friday with a rally that sees
the contract pressuring the bull channel top off Aug lows and focus now on
$57.94-60.74 where the 200-WMA ($60.74) is situated.
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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.