MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

MNI BRIEF: Beijing Opposes U.S. Measures Against Chinese Steel

MNI: GERMANY FEB PRODUCER PRICES -2.9% Y/Y

MNI: UK MAR RETAIL SALES +0% M/M, +0.8% Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(H2) Starts The Week On A Softer Note

BUND TECHS
  • RES 4: 173.19 High Dec 23
  • RES 3: 172.18 50-day EMA
  • RES 2: 171.77 Low Nov 24 and recent breakout level
  • RES 1: 171.00/171.31 High Jan 13 / 20-day EMA
  • PRICE: 169.63 @ 05:05 GMT Jan 17
  • SUP 1: 169.53 Intraday low
  • SUP 2: 169.48 Low Nov 1
  • SUP 3: 169.34 Low Oct 29 and major support
  • SUP 4: 169.08 3.618 projection of the Dec 8 - 20 price swing

Bund futures have started the week on a softer note. The outlook remains bearish and recent gains have proved to be corrective. Attention remains on the major support at 169.34, Oct 29 low. Clearance of this level would strengthen bearish conditions and open 169.08, a Fibonacci projection. On the upside, initial firm short-term resistance has been defined at 171.00, Jan 13 high where a break is required to ease bearish pressure.

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.