CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z0) Bulls In The Driving Seat

SCHATZ TECHS
  • RES 4: 112.505 61.8% retracement of the Mar - Jun sell-off (cont).
  • RES 3: 112.490 2.000 proj of Aug 26 - Sep 9 rally from the Sep 10 low
  • RES 2: 112.457 1.764 proj of Aug 26 - Sep 9 rally from the Sep 10 low
  • RES 1: 112.450 High Oct 15
  • PRICE: 112.425 @ 05:12 BST Oct 19
  • SUP 1: 112.365 Low Oct 15
  • SUP 2: 112.340 Low Oct 14
  • SUP 3: 112.305 20-day EMA
  • SUP 4: 112.255 Low Oct 7 and key trend support

Schatz futures outlook remains bullish following last week's accelerated gains. Futures cleared key resistance at 112.360, Sep 21 high, reinforcing the current positive tone, confirming a resumption of the broader uptrend. The move higher has opened 112.457 next, a Fibonacci projection. Moving average studies are in a bull mode too, reinforcing current trend conditions. Initial support is at 112.365, Oct 15 low.

Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.