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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
(M0) Trades Above Initial Resistance.....>
BOBL TECHS: (M0) Trades Above Initial Resistance
*RES 4: 136.041 61.8% retracement of the Mar 9 - 19 decline
*RES 3: 135.740 Low Mar 13
*RES 2: 135.640 High Mar 30 and key resistance
*RES 1: 135.490 High Apr 29
*PRICE: 135.370 @ 04:54 BST Apr 30
*SUP 1: 135.010 Low Apr 28
*SUP 2: 134.770 Low Apr 23 and key near-term support
*SUP 3: 134.510 Low Apr 14
*SUP 4: 134.380 Low Apr 9 and key support
Bobl futures edged higher Wednesday trading above 135.39, Apr 21 high. This
reinforces a bullish tone with further gains likely. The contract found support
on Apr 23 at 134.770 and remains bullish while this level holds. A positive
theme follows the recent recovery off 134.380, Apr 9 low. Attention is on the
Apr 30 high of 135.640 where a break would confirm a resumption of the recovery
since Mar 19. Sub 134.770 levels would undermine the bullish tone.
To read the full story
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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.