MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

CHINA YTD NEW LOANS CNY17.1 TRLN VS MEDIAN CNY17.5 TRLN: PBOC

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

‌‌(H1)‌‌ ‌Attention Is On The Bull Trigger

US 10YR FUTURE TECHS
  • RES 4: 138-30 High Nov 5 and a key resistance
  • RES 3: 138-19+ High Nov 6
  • RES 2: 138-12 High Nov 9
  • RES 1: 138-08 High Nov 20 / 30, intraday high and bull trigger
  • PRICE: 137-27 @ 15:33 GMT Dec 21
  • SUP 1: 137-19+ Low Dec 16 and key near-term support
  • SUP 2: 137-15 Low Dec 9
  • SUP 3: 137-07+ Low Dec 4 and a bear trigger
  • SUP 4: 137-05 76.4% retracement of the Nov 11 - 30 rally

Treasuries rebounded Monday but failed to hold the 138-00 level. The recent break of 137-31+, Dec 8 high suggested an improved outlook for bulls. With the contract firmer Monday, the focus is on resistance at 138-08, Nov 20 / 30 high, a bull trigger and Monday's intraday high. Clearance of this hurdle would represent an important technical break and highlight a reversal. This would open 138-12, Nov 9 high and beyond. Initial firm support lies at 137-19+.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.