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Why MNI
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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: PBOC Net Drains CNY216 Bln via OMO Monday
MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29
(Z0) Below Recent Highs
- RES 4: 126-11 High Aug 6
- RES 3: 126-08+ High Aug 10
- RES 2: 126-072 76.4% retracement of the Aug 4 - 28 sell-off
- RES 1: 126-06+ High Sep 3 and the bull trigger
- PRICE: 125-316 @ 11:04 BST, Sep 16
- SUP 1: 125-28+ Low Sep 10
- SUP 2: 125-25+ Low Sep 4
- SUP 3: 125-216 Low Aug 28 and the bear trigger
- SUP 4: 125-166 1.00 proj of Aug 4 - 14 sell-off from Sep 3 high
5yr futures are softer thus far this week having recently retraced most of the ground lost during the sell-off between Sep 3 - 4. Support for bulls has been defined at 125-25+, Sep 4 low. The recent push higher has refocused attention on 126-06+, Sep 3 high that represents the key bull trigger. Clearance of this level would open the July highs of 126-12+. Sub 125-25+ levels however would expose 125-216, Aug 28 low and a key support.
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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.