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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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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The Index is weaker this..........>
EUROSTOXX50 TECHS: The Index is weaker this morning. Several technical factors
are worth noting:
- Bearish candle patterns on Nov 19 and Dec 2 remain in play. The former is a
shooting star (inverted hammer) and the latter a standard line which is a
continuation pattern (bearish in this instance
- The fact that the index has found resistance within the trading range of Dec 2
points to a developing bearish theme.
- Last week, trendline support drawn off the Aug 15 low contained the downside
resulting in the bounce between Dec 3 and Dec 6.
- The trendline intersects at 3617.30 today and is the key support parameter to
watch. A break would highlight a reversal.
- For bullish conditions to remain intact, the trendline needs to hold
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.