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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(H0) Vulnerable *RES 4:.........>
US 5YR FUTURE TECHS: (H0) Vulnerable
*RES 4: 119-272 0.764 projection off Nov 7 - Nov 21 rally from Dec 2 low
*RES 3: 119-19+ High Nov 1
*RES 2: 119-152 High Dec 3 and bull trigger
*RES 1: 119-002 High Dec 6
*PRICE: 118-252 11:15 GMT, Dec 10
*SUP 1: 118-166 Low Dec 6
*SUP 2: 118-15 76.4% retracement of the Nov 7 to Dec 3 rally
*SUP 3: 118-112 Low Nov 13
*SUP 4: 118-08 Nov 12 low
5yr futures have had a quiet start to the week following the break of support at
118-202, Dec 2 low on Friday. The break negates the bullish arguments that were
put forward last week and highlights a bearish near-term risk that has exposed
118-15, the 76.4% retracement of the rally between Nov 7 and Dec 3. A breach
here would pave the way for a move towards 118-112 and 118-08, Nov 13 and 12
lows respectively. Initial resistance is at Friday's 119-002 high.
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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.