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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 AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(H18) Giving Back Gains *RES 4:..........>
BOBL TECHS: (H18) Giving Back Gains
*RES 4: 133.410 High May 29 (continuation chart)
*RES 3: 133.000 Resistance (continuation chart)
*RES 2: 132.610 High Aug 17 (continuation chart)
*RES 1: 132.520 High Dec 5
*PREVIOUS CLOSE: 132.280
*SUP 1: 132.010 Low Dec 3
*SUP 2: 131.800 Low Nov 26
*SUP 3: 131.346 55-dma
*SUP 4: 131.200 Low Nov 11
Bobl futures were unable to cling to early gains above the 132.500 level
yesterday allowing bears to exert pressure to close on its lows. While the
broader uptrend dominates, bulls need to see a break back above 132.520 to
reignite upside momentum towards the Aug 17 highs. Failure to do so would allow
bears to target the 132.010 Dec 3 low ahead of the Nov 26 low at 131.800.
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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.