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Why MNI
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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 UST Issuance Deep Dive: Dec 2024
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MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
(H3) Key Resistance Remains Exposed
- RES 4: 117-00 61.8% retracement of the Aug - Oct bear leg (cont)
- RES 3: 116-28 0.618 proj of the Dec 30 - Jan 19 - 30 price swing
- RES 2: 116-11+ 0.50 proj of the Dec 30 - Jan 19 - 30 price swing
- RES 1: 116-08 High Jan 19 and the bull trigger
- PRICE: 115-17 @ 11:38 GMT Feb 3
- SUP 1: 115-10/114-19+ Low Feb 2 / 20-day EMA
- SUP 2: 114-05+ Low Jan 30 and a key short-term support
- SUP 3: 114-04+ 50-day EMA
- SUP 4: 113-17+ 61.8% retracement of the Dec 30 - Jan 19 bull leg
Treasury futures traded firmer Thursday, extending Wednesday's strong rally. Price has pulled back slightly. The latest recovery eases a recent bearish threat and a key support has been defined at 114-05+, Jan 30 low. A break of this level is required to reinstate a bearish theme. On the upside, the recent rally has exposed the bull trigger at 116-08, Jan 19 high. A move above 116-08, would confirm a resumption of the uptrend that started Oct 21 2022.
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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.