MNI China Daily Summary: Monday, February 05

MNI Brief: China Farm Price Index Highest Since Jan 2023

MNI: China CFETS Yuan Index Down 0.06% In Week of Feb 2

MNI: UK JAN SERVICES PMI 54.3 (FLASH: 53.8); DEC 53.4

MNI: EUROZONE JAN SERVICES PMI 48.4 (FLASH: 48.4); DEC 48.8

MNI: GERMANY JAN SERVICES PMI 47.7 (FLASH: 47.6); DEC 49.3

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

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MNI China Daily Summary: Monday, February 05

MNI Brief: China Farm Price Index Highest Since Jan 2023

MNI: China CFETS Yuan Index Down 0.06% In Week of Feb 2

MNI: UK JAN SERVICES PMI 54.3 (FLASH: 53.8); DEC 53.4

MNI: EUROZONE JAN SERVICES PMI 48.4 (FLASH: 48.4); DEC 48.8

MNI: GERMANY JAN SERVICES PMI 47.7 (FLASH: 47.6); DEC 49.3

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: Canada Needs CAD1 Trln To Fix Housing Squeeze- CMHC

MNI BRIEF: Canada Shows No Progress Closing Housing Shortfall

YIELD TECHS: Oct 26 Lows Are Key *RES...>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Oct 26 Lows Are Key
*RES 4: 3.4508 Apr 18 2011 high 
*RES 3: 3.3956 Apr 5 2011 low, now resistance 
*RES 2: 3.3000 Channel top from Dec 2016 high 
*RES 1: 3.2594 Oct 9 High 
*PRICE: 3.1121 @ 06:19 GMT, Nov 16 
*SUP 1: 3.0549 Low Oct 26
*SUP 2: 3.0139 Aug 1 high, now support 
*SUP 3: 2.9461 200-dma 
*SUP 4: 2.8098 Low Aug 24 
The Oct 26 low remains the key focus as a break below this level at 3.0549 would
suggest a potential double top formation. Below here the next downside target
would come in at the Aug 1 highs, now acting as resistance at 3.0139. Bulls need
to break above the Oct 9 high at 3.2594 to reignite positive momentum and open
channel top resistance at 3.30.

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