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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 BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(U9) Trendline support cleared *RES 4:...>
GILT TECHS: (U9) Trendline support cleared
*RES 4: 132.45 Contract high Jul 4
*RES 3: 132.00 High Jul 7
*RES 2: 131.39 High Jul 11
*RES 1: 131.08 Former bull channel support, drawn off the May 21 low
*PRICE: 130.36 @ Close Jul 11
*SUP 1: 130.28 Low Jul 11
*SUP 2: 130.04 Low Jun 27
*SUP 3: 129.98 Low Jun 19
*SUP 4: 129.75 50-day EMA
U9 Gilt sold off sharply yesterday resulting in a break of its bull channel
support at 130.91. The channel is drawn off the May 21 low. This development
together with momentum studies that remain bearish suggests further weakness is
likely near-term. Attention is on support at 130.04 and 129.98. The 50-day EMA
lies at 129.75 and also represents an objective. Resistance is provided by the
former trendline support that intersects at 131.08 today.
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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.