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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: China CFETS Yuan Index Up 0.01% In Week of Nov 22
MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday
(U0) Eyeing April Lows *RES....>
US 10YR FUTURE TECHS: (U0) Eyeing April Lows
*RES 4: 140-27 0.618 projection of Feb 6 - Mar 9 rally from Mar 18 low
*RES 3: 140-00 Round number resistance
*RES 2: 139-25 Contract high, Mar 25
*RES 1: 139-13+/16 High May 15 / High Apr 21 and key resistance
*PRICE: 137-23+ @ 16:01 BST, Jun 04
*SUP 1: 137-22 Low Jun 4
*SUP 3: 137-19+ Low Apr 14
*SUP 3: 137-06+ 50% March Sell-Off
*SUP 4: 136-20 Low Mar 25
10yr futures slipped further Thursday, taking out the base of the recent risk
range at 137-30+. This pressures the medium-term outlook, betraying the
until-now bullish outlook. This exposes the early April lows and key support at
137-19+ and the 50% Fib below at 137-06+. To repair the upside argument, bulls
need to take out 139-16, Apr 21 high to confirm a resumption of the uptrend to
target 139-25, Mar 25 contract high and the 140-00 handle.
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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.