- 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: Friday, September 15
US$ Credit Supply Pipeline
(U1) Needle Still Points South
- RES 4: 112.210 High Jun 11 and the bull trigger
- RES 3: 112.185 High Jun 15 and 16
- RES 2: 112.175 High Jun 17 and 18
- RES 1: 112.140/165 High Jun 23, 24 / High Jun 21
- PRICE: 112.130 @ 05:24 BST Jun 29
- SUP 1: 112.110 Low Apr 20, Jun 22, 23, 25 and 28
- SUP 2: 112.086 138.2% retracement of the May17 - Jun 11 rally
- SUP 3: 112.075 150.0% retracement of the May17 - Jun 11 rally
- SUP 4: 112.064 161.8% retracement of the May17 - Jun 11 rally
Schatz futures remain vulnerable. The contract traded lower last week and breached support at 112.120, May 17 and Jun 21 low. Note too that price is testing the 112.110 support, Apr 20 low and the low last week. Scope is seen for a move towards 112.086 and 112.075, Fibonacci retracement extensions. On the upside, initial firm resistance is seen at 112.165, Jun 21 high. A break would ease the current bearish pressure and open 112.185, Jun 15, 16 highs.
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.