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

(RPT) MNI INTERVIEW: Powell Nods To Fed Pause But Options Open

MNI BRIEF: HKMA Lifts Base Rate After Fed Hike

MNI: PBOC Net Drains CNY45 Billion via OMOs Thursday

Coming Up In The Asia-Pac Session on Thursday

EZ/UK Bond Supply Calendar: UK Long APF Sales on Monday

US EIA: CRUDE OIL STOCKS EX SPR +1.12M TO 481.2M MAR 17 WK

MNI: Freeland-Banks Well Capitalized, Budget To Focus Stimulus

MNI BRIEF: Joint European Funds Best Response To IRA-Gentiloni

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

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

Price Signal Summary - Gilts Retain A Bullish Theme

OUTLOOK
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income NewsForeign Exchange News
  • In the FI space, Bund futures remain in an uptrend and the contract traded higher Wednesday to confirm a resumption of the bull cycle. This maintains a bullish price sequence of higher highs and higher lows. Furthermore, price has breached all retracement points of the Dec 7 - Jan 3 bear leg, reinforcing current bullish conditions. Sights are on 141.70 next, the Dec 13 high. Initial firm support is at 137.53, the Jan 16 low.
  • Gilt futures remain in an uptrend and the contract traded higher Wednesday. This confirms a resumption of the short-term uptrend and has resulted in a break of 105.20, the 76.4% retracement of the Nov 24 - Dec 28 bear leg. The break opens 107.06, the Nov 24 high and a key resistance. On the downside, initial firm support has been defined at 103.21, the Jan 17 low.
141 words

To read the full story

Why Subscribe to

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.
  • In the FI space, Bund futures remain in an uptrend and the contract traded higher Wednesday to confirm a resumption of the bull cycle. This maintains a bullish price sequence of higher highs and higher lows. Furthermore, price has breached all retracement points of the Dec 7 - Jan 3 bear leg, reinforcing current bullish conditions. Sights are on 141.70 next, the Dec 13 high. Initial firm support is at 137.53, the Jan 16 low.
  • Gilt futures remain in an uptrend and the contract traded higher Wednesday. This confirms a resumption of the short-term uptrend and has resulted in a break of 105.20, the 76.4% retracement of the Nov 24 - Dec 28 bear leg. The break opens 107.06, the Nov 24 high and a key resistance. On the downside, initial firm support has been defined at 103.21, the Jan 17 low.