BOC REITERATES RATE CUTS SEEN IF ECONOMY ADVANCES AS EXPECTED

BOC: INFLATION INCREASINGLY LOOKS ON WAY BACK TO TARGET

CANADA MOVING TO IMPOSE TARIFFS ON CHINESE EVS

MNI China Daily Summary: Monday, June 24

MNI BRIEF: China Urges Removal Of Car Buying Restrictions

MNI: PBOC Net Injects CNY46 Bln Via OMO Mon; Rates Unchanged

EZ/UK Bond Supply Calendar: Finland Synd; Italy, UK Due Tuesday

Weekly Index Suggests Slight Growth Slowdown

MNI: BELGIUM JUN BNB BUSINESS SURVEY -11.1

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MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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TECHS: Key Price Signal Summary

MARKET INSIGHT
  • Gold remains heavy and appears set to weaken towards $1763.5 , 50.0% retracement of the Mar - Aug rally. $1800.0 provides support for now. Brent (F1) has cleared the Aug highs and is eyeing the psychological $50.00. WTI targets $48.07 next, 0.764 proj of Apr - Aug rally from Nov 2 low.
  • In the FX space:
    • EURUSD has probed key resistance at 1.1920, Nov 9 high. Continued gains would open this year's high print of 1.2011, Sep 1 high.
    • USDJPY key support lies at 103.18, Nov 11 low. Initial support to watch is 103.65, Nov 18 low.
    • EURGBP trendline resistance at 0.9011, drawn off the Sep 11 high remains intact. The bear trigger is 0.8861, Nov 12 low.
    • The major hurdle for bulls in Cable is at 1.3421, a multi-year trendline resistance drawn off the Nov 2007 high.
  • Key FI resistance levels to watch: Bund fut: 175.73, Nov 20 high and 176.08, 76.4% of the Nov 4 - 11 sell-off. Gilts: 135.50, its 50-day EMA. BTP fut: fresh high print today of 151.50 highlights scope for 152.00.
  • E-Mini S&P futures continue to trade within the 3668.00, Nov 9 high and 3506.50, Oct 11 key parameters.
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeCommoditiesEquitiesBulletMarketsFixed Income BulletsForeign Exchange Bullets

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