MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1122 Thurs; -1.79% Y/Y

MNI BRIEF: Aussie Unemployment Prints Tighter At 4% In May

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1122 THURS VS 7.1133

MNI BRIEF: China To Aid Outdated New-Energy Capacity Clear-out

Australia May Unemployment Rate 4.0%

MNI:AUSTRALIA MAY UNEMPLOYMENT RATE +4%

Local Investors Dump Offshore Bonds, Foreign Inflows Into Local Equities Halted

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

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

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

(Z0): Week's Rally Counters Bearish Outlook

JGB TECHS
  • RES 3: 153.06 - High Mar 31 and key resistance (cont)
  • RES 2: 152.55 - High Aug 5 (cont)
  • RES 1: 152.41 - 200-dma (cont)
  • PRICE: 151.68 @ 16:09 BST, Sep 4
  • SUP 1: 151.30 - Low Aug 28 (cont)
  • SUP 2: 151.26 - Jun 8 low (cont)
  • SUP 3: 150.61 - Low Mar 19 and key support (cont)

JGBs extended the range lower last week, inching down to 151.30 on Abe's resignation before swiftly reversing. This reversal gathered pace this week and has countered the previously slightly bearish theme and opens a move on the 200-dma as first resistance. A break and close above here would open the 153.00 handle and levels not seen since March.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
BulletMarketsFixed Income BulletsFixed Income Technical Analysis
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
BulletMarketsFixed Income BulletsFixed Income Technical Analysis

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.