MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

MNI: BANK OF KOREA KEEPS POLICY RATE AT 3.50%: PRESS

Japan May Machine Orders -3.2% M/M

MNI JAPAN MAY CORE MACHINE ORDERS -3.2% M/M; APRIL -2.9%

EZ/UK T-Bill Calendar: 1/3/6-Month UKTB Auction on Friday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(U1) Tests Key Resistance

SCHATZ TECHS
  • RES 4: 112.290 High Feb 11 (cont)
  • RES 3: 112.280 High Feb 12 (cont)
  • RES 2: 112.250 High Mar 1 and 2 (cont)
  • RES 1: 112.210 High Jun 11 and the bull trigger
  • PRICE: 112.210 @ 09:35 BST Jul 8
  • SUP 1: 112.140 Low Jul 5 and 6
  • SUP 2: 112.110 Congestion lows Apr 20, Jun 22, 23, 25 and 28
  • SUP 3: 112.086 138.2% retracement of the May17 - Jun 11 rally
  • SUP 4: 112.075 150.0% retracement of the May17 - Jun 11 rally

Schatz futures traded higher last week and a near-term bullish theme remains intact as the contract extends its climb this week. The recent S/T recovery from the 112.110 congestion lows suggests scope for a continuation higher. Resistance at 112.210, Jun 11 high has been tested, a break would strengthen a bullish case. On the downside, clearance of 112.110 would be required to reinstate a bearish theme. Initial support is 112.140.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.