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Citigroup, Bank of NY Mellon Join List of Issuers

BOE APF PURCHASES

GBP1.147bln of medium-dated gilts with offer-to-cover of 2.24x

EGB SYNDICATION

Green BTP: Priced

EQUITY TECHS

E-MINI S&P (Z1): Key Resistance Exposed

CORN TECHS

(Z1) Looking For A Break Lower

KIWI
KIWI: NZDUSD's run of pain continued on Thursday as the cross lodged a 7th
consecutive daily loss, printing below 0.7100 for the first time since January.
NZDUSD last deals at 0.7075.
- It would seem that the recent sell off has resulted in the emergence of some
corporate demand, while some short-term indicators have moved into oversold
territory, although this wasn't enough to prevent an extension in terms of the
run of daily losses.
- The Bollinger base sits at 0.7073 and remains the key concern for bears who
now look for a close below the December 20 lows (0.6952). Layers of resistance
continue to build with bulls now needing a close above yesterday's hourly
support (0.7102) to gain breathing room.
- Friday's domestic trade data & US GDP provide the immediate focal points for
the cross.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com