Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

CHINA FX
CHINA FX: USD/CNH continues to edge higher, topping the Thursday high of
Cnh6.9173 to print the best levels since mid-August, when the pair topped out at
multi-year highs of Cnh6.9586. Underlying pressure on the CNH follows the return
of Chinese participants following the week-long market holiday and the PBoC's
cut of the RRR for lenders. Onshore equity markets slid, with the CSI 300
dropping well over 4% into the close.
MNI Analysis finds that options markets have embraced the year's CNY weakness,
paving the way for a 'New Normal' for the USD/CNY rate. See MNI Analysis email
from Friday at 0830BST.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com