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

(Z1) Holding Onto Gains

SCHATZ TECHS
  • RES 4: 112.415 High Aug 5 (cont) and a key resistance
  • RES 3: 112.370 High Aug 20
  • RES 2: 112.340 Aug 31 high
  • RES 1: 112.310 High Nov 10
  • PRICE: 112.295 @ 05:27 GMT Nov 10
  • SUP 1: 112.197/100 50-day EMA / Low Nov 3
  • SUP 2: 112.050/111.945 Low Nov 2 / Low Oct 28
  • SUP 3: 111.925 1.236 proj of the Oct 14 - 19 - 26 price swing
  • SUP 4: 111.897 1.382 proj of the Oct 14 - 19 - 26 price swing

A sharp rally in Schatz futures last week means the contract has established a corrective bullish short-term cycle. This theme remains intact with the contract edging higher again yesterday. Attention is on resistance at 112.290, Sep 20 high. It has been probed, a clear break would pave the way for strength towards 112.340, Aug 31 high. Gains are still considered corrective though and the broader trend direction is down. Initial firm support is 112.100.

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.