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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 AccessFollowing Friday's rebound off....>
EUROSTOXX50 TECHS: Following Friday's rebound off of Thursday's low of 2908.70,
Eurostoxx continued to move higher in thin trading on Monday. Despite this, the
focus remains to the downside. To point to a more neutral outlook, the 38.2%
retracement of 3244.98-2908.70 at 3037.16 and the 21-dma/50% retracement at
3068.89/76.84 need to be cleared. This would return focus initially to the
mid-December high. The recent fall took out both the channel bottom and Nov 2016
lows, leaving little near-term support heading into the new year.
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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.