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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI EUROPEAN MARKETS ANALYSIS: China Equities Lower Post CEWC
MNI EUROPEAN OPEN: Sharp Fall In China Bond Yields Continues
MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths
Recovery Efforts Fail To..........>
EUROSTOXX50 TECHS: Recovery Efforts Fail To Overcome 3200
*RES 4: 3486.31 High Aug 10
*RES 3: 3452.41 High Sep 27
*RES 2: 3282.22 High Oct 17
*RES 1: 3185.60 High Oct 24, pivot area
*PREVIOUS CLOSE: 3154.93
*SUP 1: 3090.85 Low Oct 26
*SUP 2: 3030.00 Up trendline support from 2012 low
*SUP 3: 2984.48 Low Dec 2 2016
*SUP 4: 2678.86 Low June 30 2016
Eurostoxx50 had a strong day yesterday but failed to break above the Oct 24 high
at 3185.60 needed to shift the outlook neutral. A close above this pivot area
would open the Oct 17 high at 3282.22, ahead of a potential run at the Sep 27
highs. The downtrend remains intact for now though with bears looking to take
out the Oct 26 low at 3090.85 to extend the selloff and test up trendline
support from the 2012 low which comes in around 3030.
To read the full story
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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.