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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 Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
(H9) Downside Momentum *RES 4: 129.11....>
GILT TECHS: (H9) Downside Momentum
*RES 4: 129.11 High Sep 8, 2017 (continuation chart)
*RES 3: 126.52 High Dec 15, 2017 (continuation chart)
*RES 2: 125.64 High May 29 (continuation chart)
*RES 1: 124.49 High Feb 14
*PREVIOUS CLOSE: 123.79
*SUP 1: 123.53 Low Feb 21
*SUP 2: 122.98 Low Feb 4
*SUP 3: 122.15 Low Jan 18
*SUP 4: 121.73 Low Nov 22, downtrend support (continuation chart)
Gilt futures broke below last week's lows yesterday shifting the short term
outlook negative. Bears now focus on yesterday's low at 123.53 with a break
below here suggesting a potential bearish reversal down towards the Feb 4 low at
122.98. The focus for the bulls remains on the Feb 14 high at 124.49. A close
above here would open a return to the May 29 high at 125.64.
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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.