-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI PodcastsFixed IncomeFI Markets AnalysisCentral Bank PreviewsFI PiFixed Income Technical AnalysisUS$ Credit Supply PipelineGilt Week AheadGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance CalendarsEZ/UK Bond Auction CalendarEZ/UK T-bill Auction CalendarUS Treasury Auction CalendarPolitical RiskMNI Political Risk AnalysisMNI Political Risk - US Daily BriefMNI Political Risk - The week AheadElection Previews -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
Global Macro
Global Macro
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
Global MacroDM Central Bank PreviewsDM Central Bank ReviewsEM Central Bank PreviewsEM Central Bank ReviewsBalance Sheet AnalysisData AnalysisEurozone DataUK DataUS DataAPAC DataInflation InsightEmployment InsightGlobal IssuanceEurozoneUKUSDeep DiveGlobal Issuance Calendars EZ/UK Bond Auction Calendar EZ/UK T-bill Auction Calendar US Treasury Auction Calendar Chart Packs -
About Us
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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 AccessTrending Top 5
Market News Topics
July 13, 2021 09:54 GMT
Price Signal Summary - S&P E-Minis Sights Set On 4400.00
MARKET INSIGHT
- In the equity space, bullish conditions continue to dominate in the S&P E-minis and price continues to climb resulting in fresh all-time highs once again. With the bullish cycle still dominating, attention is on 4400.00 next. EUROSTOXX 50 futures recovered again yesterday extending the bounce from last week's low of 3951.50. The contract is approaching initial resistance at 4101.50, Jul 1 high where a break would neutralise recent bearish price signals and signal scope for a stronger recovery.
- In FX, the USD outlook remains bullish despite recent weakness. EURUSD is consolidating but remains below initial resistance at 1.1895, Jul 6 high. Attention is on 1.1782, Jul 7 low and the bear trigger. The GBPUSD outlook remains bearish. The focus is on the support and bear trigger at 1.3733, Jul 2 low. Resistance is at 1.3946, the 50-day EMA. USDJPY traded lower last week but found support at 109.53, Jul 8 low. The recent bear leg is considered corrective and a bullish theme remains intact. Initial resistance to watch is 110.82, Jul 7 high, a break would be bullish.
- On the commodity front, Gold continues to test the 50-day EMA, today at $1813.6. A clear break of the EMA is required to confirm the next leg higher and open $1833.7, 50.0% retracement of the Jun 1 - 29 decline. Brent (U1) futures have recovered from last week's lows. Key resistance is defined at $77.84, Jul 6 high with key support initially at $72.11, Jul 8 low. WTI (Q1) key resistance is at $76.98, Jul 6 high and the bull trigger. Initial firm support lies at 70.76, Jul 8 low.
- Within FI, Bund futures are unchanged and consolidating. Price has recently cleared key resistance at 173.16, Jun 11 high. The focus is on 174.97 High Mar 3 (cont). {GB} Gilt futures are off recent highs but maintain a bullish tone. Recent gains have resulted in a clear break of a key short-term resistance at 128.39, Jun 11 high. This has opened 129.99, Feb 24 high (cont).
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok