- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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 AccessMNI China Daily Summary: Monday, May 29
MNI: PBOC Net Injects CNY23 Bln Via OMOs Monday
MNI: PBOC Yuan Parity Lower At 7.0575 Monday; -4.91% Y/Y
(U0) Outlook Still Points Lower
- RES 4: 141-00 1.0% 10-dma envelope
- RES 3: 140-24 High Mar 9 and key resistance (cont)
- RES 2: 140-20 1.00 projection of Jun 5 - 11 rally from Jun 16 low
- RES 1: 140-13 Aug 4 / 5 / 6 High
- PRICE: 139-04+ @ 16:04 BST Aug 14
- SUP 1: 138-31+ 100-dma
- SUP 2: 138-28+ Low Aug 12 / 13
- SUP 3: 138-23+ Low Jul 2 and key near-term support
- SUP 4: 138-07 Low Jun 16 and reversal trigger
The recent sell-off has slowed a little Friday, but the outlook has deteriorated having shown below the 139-00 handle. Thursday marked five consecutive sessions of lower lows for Treasuries, with key support giving way at 139-08, Jul 28 low - opening 138-23+. Last week, markets had trouble topping congestion resistance at 140-13 on three occasions, and this marks a key level for bulls going forward.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
Why Subscribe to
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.