MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22

MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1918 Mon; -1.35% Y/Y

CHINA PRESS: Yuan To Reach 17% Of Global Payments By 2035

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Price Signal Summary - Gilt Futures Head North

OUTLOOK
  • In the FI space, Bund futures remain in an uptrend following last week’s gains and this week’s extension. Price has traded through the 20-day EMA and short-term signals suggest scope for a continuation higher near-term. Sights are on 138.62 next, the Dec 16 high ahead of 138.97, 61.8% retracement of the Dec 7 - Jan 3 bear leg. On the downside, initial firm support is at 136.04, the Jan 10 low.
  • Gilt futures resumed their uptrend Wednesday and cleared initial resistance at 102.78, the Jan 6 high. The break higher maintains the current bullish price sequence of higher highs and higher lows and attention turns to 104.05, the 61.8% retracement of the Nov 24 - Dec 28 bear leg. This level has been pierced, a clear break would signal scope for a climb towards 105.20, the 76.4% retracement. Initial firm support has been defined at 101.40, the Oct 10 low.
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.