MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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(U3) Correction Still In Play

BOBL TECHS
  • RES 4: 116.860 High Jun 13
  • RES 3: 116.450 High Jun 26 and a key resistance
  • RES 2: 116.280 High Jun 29
  • RES 1: 115.910 High Jul 3
  • PRICE: 115.520 @ 08:12 BST Jul 17
  • SUP 1: 115.230/114.550 Low Jul 13 / 6 and the bear trigger
  • SUP 2: 114.432 1.764 projection of the Jun 1 - 8 - 12 price swing
  • SUP 3: 114.130 Low Mar 6 (cont) and a major support
  • SUP 4: 114.090 2.00 projection of the Jun 1 - 8 - 12 price swing

Bobl futures traded higher on Thursday last week and in the process breached resistance at the 20-day EMA, which intersects at 115.527. The break higher signals potential for a stronger short-term correction and attention is on the next resistance at 115.910, the Jul 3 high. A break would open 116.450, the Jun 26 high and key resistance. Key support has been defined at 114.550, the Jul 6 low and this level marks the bear trigger.

Fixed Income Technical AnalysisHomepageBond Market Newsmarkets-real-timeBulletMarketsFixed Income Bullets
Fixed Income Technical AnalysisHomepageBond Market Newsmarkets-real-timeBulletMarketsFixed Income Bullets

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