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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Eurozone Inflation Insight – November 2024
MNI ASI OPEN: Fed Bostic Still Confident of Waning Inflation
MNI ASIA MARKETS ANALYSIS: Tsy Curves Twist Flatter
(H0) Bearish Focus Intact *RES 4:........>
BOBL TECHS: (H0) Bearish Focus Intact
*RES 4: 134.638 0.618 projection of Jan 2 - Jan 6 rally from Jan 7 low
*RES 3: 134.530 High Nov 20 and High Jan 8 plus key resistance
*RES 2: 134.201 61.8% retracement of the Jan - Jan 14 decline
*RES 1: 134.000 High Jan 16
*PRICE: 133.950 @ 04:56 GMT Jan 20
*SUP 1: 133.670 Low Jan 14
*SUP 2: 133.470 Low Jan 2 and key support
*SUP 3: 133.220 1.236 projection of Nov 20 - Jan 2 decline from Jan 8 high
*SUP 4: 133.065 1.382 projection of Nov 20 - Jan 2 decline from Jan 8 high
H0 Bobl is consolidating. The outlook remains broadly unchanged with futures
seen likely to remain soft near-term. The pullback on Jan 8 weighs on sentiment.
The bearish significance of the sell-off that day was reinforced by the fact
price failed to hold and close above the 50-day EMA. The focus is on key support
and the bear trigger at 133.470, Jan 2 low. A break of 133.670 would open
133.470. Initial firm resistance is at 134.201.
To read the full story
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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.