MNI: PBOC Injects Net CNY40 Bln Via OMO Mon; Rates Unchanged

CHINA PBOC INJECTS CNY50 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.0996 Mon; -5.53% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.0996 MON VS 7.1004

MNI EM China Daily Summary: Friday, March 22

MNI China Press Digest Mar 22: Autos, Local Gov, Real-Estate

Indonesian Sov Debt Curve Flattens, Yields Lower, Budget Surplus

Bond Supply Calendar: Long BoE APF Sales on Monday

MNI: BAKER HUGHES US RIG COUNT 624; OIL RIGS 509; GAS RIGS 112

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

(Z0) Finds Resistance

GILTS
  • RES 4: 137-51 High Aug 6
  • RES 3: 137.31 High Aug 10
  • RES 2: 137.04/05 High Sep 21 / 76.4% of the Aug 4 - 28 decline
  • RES 1: 136.90 High Sep 30
  • PRICE: 136.11 @ Close Sep 30
  • SUP 1: 135.91 Low Sep 30 and the intraday bear trigger
  • SUP 2: 135.70 Low Sep 10
  • SUP 3: 135.31 Low Sep 7 and the reversal trigger
  • SUP 4: 134.96 76.4% retracement of the Aug 28 - Sep 28 rally

Gilts have failed to hold onto the most recent highs and traded sharply lower yesterday. Futures probed initial support at 135.93, Sep 17 low. Follow through and a clear break of this support would signal scope for a deeper retracement opening 135.70, Sep 10 low. On the upside, yesterday's high of 136.60 marks initial resistance. A break would ease any bearish concerns and open key resistance at 137.04/05, Sep 21 high and a retracement level.

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.