MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

BOC'S MACKLEM REITERATES IT'S FAR TOO SOON TO TALK RATE CUT

MNI BRIEF: Fed's Powell Sees 'Couple' More Years of QT

Coming up in the Asia-Pac session on Wednesday

MNI: US DEC CONSUMER CREDIT +$11.6B

Greenback Falters As Equities Surge Post-Powell

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

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

Rebounds, Outperforms Higher US Yield Backdrop

AUD

A$ Rallies On More Hawkish RBA Outlook

NZD

Moderately Firmer, USD Whipsawed By Powell Remarks

USDCAD TECHS

Bounce Considered Corrective

ASIA

Coming up in the Asia-Pac session on Wednesday

MNI

Coming up in the Asia-Pac session on Wednesday

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

(M1) Trading Closer To Recent Highs

GILT TECHS
  • RES 4: 129.75 High Feb 19
  • RES 3: 129.27 High Mar 2 and the reversal trigger
  • RES 2: 128.93 High Mar 25
  • RES 1: 128.66 High Apr 8
  • PRICE: 128.24 @ Close Apr 9
  • SUP 1: 127.32 Low Apr 1
  • SUP 2: 126.79 Low Mar 18 and the bear trigger
  • SUP 3: 126.55 Low Apr 17, 2019 (cont)
  • SUP 4: 126.00 Round number support

Gilt futures are trading closer to recent highs. Despite last week's gains, the downtrend remains intact. Attention is on key support at 126.79, Mar 18 low and the trigger for a resumption of the trend. Clearance of this level would pave the way for a test of the 126.00 handle. On the upside, initial firm resistance has been defined at 128.93, Mar 25 high. A break of this level would expose the key hurdle for bulls at 129.27, Mar 2 high.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income News

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.