MNI: PBOC Drains Net CNY364 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC INJECTS CNY83 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1006 FRI VS 7.1049

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Bond Supply Calendar: EFSF Synd Upcoming; SK, EU-bond auct Mon

MNI: BLS: US PAYROLLS NET REVISIONS FOR DEC, NOV +126K

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

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

MNI: PBOC Drains Net CNY364 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC INJECTS CNY83 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1006 FRI VS 7.1049

EZ/UK T-Bill Calendar: Germany, Netherlands, France Due Monday

Bond Supply Calendar: EFSF Synd Upcoming; SK, EU-bond auct Mon

MNI: BLS: US PAYROLLS NET REVISIONS FOR DEC, NOV +126K

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

MNI Asian Morning FI Technical Analysis 

13 December 2017
By Kyle Shortland
Click below for today's MNI FI Technical Analysis Report -
http://tinyurl.com/phluope
AUSSIE 3-YR TECHS: (Z17) Below 97.960 To End Bullish Hopes 
*RES 4: 98.110 - High Nov 28 & 29 
*RES 3: 98.092 - Daily Bear channel top 
*RES 2: 98.065 - Hourly resistance Dec 4, High Dec 8 
*RES 1: 98.015 - High Dec 12
*PRICE: 97.980 @ 2030GMT
*SUP 1: 97.968 - Daily Bull channel base 
*SUP 2: 97.967 - 55-DMA 
*SUP 3: 97.960 - Monthly Lows Nov 1 & 2 
*SUP 4: 97.900 - Low Oct 27
*COMMENTARY: Pressure has returned to layers of support 97.960-968 where the
bull channel base and 55-DMA are situated. Bears look for a close below 97.960
to end bullish hopes, shifting initial focus to 97.900 and overall focus back to
2017 lows (97.720). The Bollinger base (96.982) is the key concern for bears.
Layers of resistance are building with bulls now needing a close above 98.015 to
ease bearish pressure and above 98.065 to shift focus back to 98.110-130.
AUSSIE 10-YR TECHS: (Z17) Focus Returns to 97.2926-3650 
*RES 4: 97.5200 - Low June 20 now resistance
*RES 3: 97.5151 - Bollinger band top
*RES 2: 97.5000 - Hourly resistance Dec 1, High Dec 8
*RES 1: 97.4650 - Hourly resistance Dec 8
*PRICE: 97.4375 @ 2030GMT
*SUP 1: 97.4097 - Daily Bull channel base
*SUP 2: 97.3842 - Bollinger band base
*SUP 3: 97.3750 - Low Dec 5
*SUP 4: 97.3473 - 200-DMA
*COMMENTARY: Despite bouncing aggressively from the week's lows, topside
hesitation ahead of the 97.5200 resistance is a concern for bulls and leaves the
contract looking heavy as focus returns to the 97.2926-3650 where key DMAs are
noted. Resistance layers building adds weight to the bearish case. Bulls still
look for a close above 97.4650 to ease bearish pressure and above 97.5200 to
shift focus to 97.6100-6750 where 2017 highs are located.
US 10-YR FUTURE TECHS: (H18) 123-27 Support Remains Key
*RES 4: 124-22+ 55-DMA 
*RES 3: 124-17+ High Dec 11 
*RES 2: 124-11 High Dec 12 
*RES 1: 124-06 Hourly resistance Dec 12
*PRICE: 124-03+ @ 2030GMT
*SUP 1: 124-00 Low Dec 12
*SUP 2: 123-29+ Monthly Low Nov 30
*SUP 3: 123-27 Lows Oct 25 & 27
*SUP 4: 123-06+ Daily Bear channel base
*COMMENTARY: Bears take comfort in continued topside failures ahead of the
55-DMA and bear channel top. The sell-off Thursday left the contract looking
heavy once more with focus having returned to 123-27/29+ where monthly lows are
noted. Below 123-27 remains needed to target the bear channel base (123-06+).
Bulls now look for a close above 124-11 to gain breathing room and above the
bear channel top (124-24+) to initially pressure 125-00.
US 10-YR YIELD TECHS: 2.437 Resistance Key This Week
*RES 4: 2.539 - LT Weekly Bear channel top (off 2014 High) 
*RES 3: 2.477 - Monthly High Oct 27 
*RES 2: 2.437 - High Nov 30 
*RES 1: 2.424 - High Dec 1
*PRICE: 2.403 @ 2030GMT
*SUP 1: 2.395 - High Dec 12 now support 
*SUP 2: 2.376 - Hourly resistance Dec 11 now support 
*SUP 3: 2.351 - Hourly resistance Dec 7 now support 
*SUP 4: 2.303 - 200-DMA
*COMMENTARY: The yield found support last week ahead of the 200-DMA and key
2.273-2.303 support region where the 100-DMA and 21-WMA are also noted. The
close above Wednesday's high (2.363) eased bearish pressure and sees focus back
on the 2.437 resistance. Bulls need a close above this level to return pressure
to 2.477 Oct highs with a close above then targeting 2017 highs. Bears need a
close below 2.351 to pressure the 200-DMA.
JGB TECHS: (Z17) Topside Follow Through Lacking 
*RES 4: 151.19 - Monthly high Nov 22
*RES 3: 151.13 - High Nov 24
*RES 2: 151.05 - High Dec 8
*RES 1: 150.97 - Alternating hourly support/resistance
*PRICE: 150.89 @ 2030GMT
*SUP 1: 150.84 - Alternating hourly sup/res 
*SUP 2: 150.75 - Low Dec 5 
*SUP 3: 150.67 - 55-DMA 
*SUP 4: 150.60 - 200-DMA
*COMMENTARY: Topside follow through on the break above 151.00 was lacking Friday
with the focus back on the bull channel base (150.86). Bears now need a close
below 150.84 to confirm a break of the channel base and shift focus to 150.54-75
where 55, 100 & 200 DMAs are clustered. Bulls now need a close above 150.97 to
gain breathing room and above 151.05 to reconfirm focus on 151.19-21 where Nov
highs are located.
--MNI Beijing Bureau; tel: +44 207-862-7435; email: kyle.shortland@mni-news.com
[TOPICS: MTABLE]
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.

    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        window.dataLayer.push({
    'event' : 'logedout',
    'loggedOut' : 'loggedOut'
  });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        (function appendPosts () {  
    var policyPosts = document.getElementsByClassName('policy-posts-wrapper')[0];
    var policyPostsMenu = document.querySelector('.policy-posts-span');
    policyPostsMenu.append(policyPosts);
    policyPosts.style.display = "block";

    var dataPosts = document.getElementsByClassName('data-posts-wrapper')[0];
    var dataPostsMenu = document.querySelector('.data-posts-span');
    dataPostsMenu.append(dataPosts);
    dataPosts.style.display = "block";
})();
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll(".my-mni").forEach(function(item){
  item.href="/core/users/email_login/";
  item.innerHTML="Log In";
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        (function appendPosts () {  
    var policyPosts = document.getElementsByClassName('policy-posts-wrapper')[0];
    var policyPostsMenu = document.querySelector('.policy-posts-span');
    policyPostsMenu.append(policyPosts);
    policyPosts.style.display = "block";

    var dataPosts = document.getElementsByClassName('data-posts-wrapper')[0];
    var dataPostsMenu = document.querySelector('.data-posts-span');
    dataPostsMenu.append(dataPosts);
    dataPosts.style.display = "block";
})();
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll(".my-mni").forEach(function(item){
  item.href="/core/users/email_login/";
  item.innerHTML="Log In";
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll("img").forEach(function (img) {
    img.addEventListener("contextmenu", function (e) {
      return false;
    });
  });
  document
    .querySelector(".site-logo img")
    .addEventListener("contextmenu", function (e) {
      return true;
    });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        
  let posts = document.querySelectorAll(".all-content-wrapper .widget:not(.stream-story-processed)");
  window.check_story_posts(posts, "streamOfPosts");
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        /*
const sidebar = document.querySelector('.left-sidebar-container');
const stickyContent = document.querySelector('.sticky-content');
const siteContent = document.querySelector('.all-posts-stream');
if (sidebar && stickyContent && siteContent) {
  if (siteContent.clientHeight > sidebar.clientHeight) {
    console.log('grater -> ', siteContent.clientHeight + ' > ' + sidebar.clientHeight);
    stickyContent.style.height = (siteContent.clientHeight - sidebar.clientHeight) + 'px';
  }
}
*/
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});