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 - Gilts Approach A Key Short-Term Resistance

OUTLOOK
  • In the FI space, Bund futures traded lower yesterday before recovering. The contract has breached 130.35, Sep 7 low. This reinforces bearish conditions and extends last week’s move down. Moving average studies remain in a bear mode position, highlighting a primary downtrend. A continuation would expose 129.72, the Aug 15 low and a key support. Short-term gains are considered corrective. Resistance is at 131.14, the 20-day EMA.
  • Gilt futures traded higher yesterday, extending the recovery from 93.36, the Sep 6 low. Key short-term resistance to watch is 95.79, the Sep 1 high. This is also a bull trigger where a break would cancel a recent bearish theme and instead highlight a stronger bullish environment. Clearance of this level would open 96.19, the Jul 31 high (cont). Initial firm support lies at 94.05, the Sep 11 low. A break would be seen as a bearish development.
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.