MNI China Daily Summary: Thursday, August 1

MNI: BOE VOTES 5-4 FOR 25 BPS RATE CUT AT AUG MEETING

MNI BRIEF: BOJ To Focus On Continued Positive Wage Setting

MNI BRIEF: CNB Cuts 2W Repo Rate By 25Bps To 4.5%

MNI BRIEF: Japan Q2 GDP To Rise 0.5% Q/Q; 2.2% Annualised

MNI BRIEF: China Retains Ample Policy Space In H2 – NDRC

MNI: US Q2 PREL UNIT LABOR COSTS +0.9% VS Q1 +3.8%; Y/Y +0.5%

MNI: US JOBLESS CLAIMS +14K TO 249K IN JUL 27 WK

VDMA Factory Orders Remain Weak in June

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Downtrend In Place *RES 4:.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Downtrend In Place 
*RES 4: 3536.87 High July 31 
*RES 3: 3514.78 High August 7 
*RES 2: 3486.31 High August 10 
*RES 1: 3460.14 Low August 2 now resistance 
*PREVIOUS CLOSE: 3426.28 
*SUP 1: 3418.06 Low July 12
*SUP 2: 3345.09 Low July 2 
*SUP 3: 3375.00 Uptrend support from March lows 
*SUP 4: 3261.86 Low March 26 
Friday's weakness has confirmed the market's bearish structure and established
yet another new high for the index. The next major downside target comes in at
the July 2 lows of 3345.09, and a break below here would test the uptrend from
the March lows. Bulls have the tough task of recovering Friday's high of 3486.31
to shift us to a more constructive outlook.
Fixed Income Technical AnalysisMarketsFixed Income Bullets
Fixed Income Technical AnalysisMarketsFixed Income Bullets

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