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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 Gilt Week Ahead
MNI POLITICAL RISK - Trump Rounds Out Cabinet Nominations
MNI POLITICAL RISK ANALYSIS - Week Ahead 25 Nov-1 Dec
(U9) Resumes trade pointing higher *RES...>
JGB TECHS: (U9) Resumes trade pointing higher
*RES 3: 158.42 - Multi-year Up trendline Resistance
*RES 2: 155.31 - 3.0% Upper Bollinger Band
*RES 1: 154.95 - Cycle High
*PRICE: 154.82 @ 15:43 GMT, Aug 13
*SUP 1: 154.20 - 23.6% 152.32 - 154.78
*SUP 2: 153.77 - 50-dma
*SUP 3: 153.30 - 100-dma
Having stayed closed for the Monday session, JGB futures looked to catch up with
their global bond counterparts by printing fresh cycle highs at 154.95. From
there, momentum flagged as global bonds dropped as focus returned to technical
indicators that continue to flag JGBs as overbought (particularly on the RSI &
MACD studies). To the downside, a break and close below Fib support at 154.20
would work in favour of bears, before challenging the 50-dma and the mid-May
lows of 152.69.
To read the full story
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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.