MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

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) Trades Through Support

EUROSTOXX50 TECHS
  • RES 4: 4334.22 2.0% 10-dma envelope
  • RES 3: 4223.00 High Sep and the bull trigger
  • RES 2: 4184.00 High Sep 17
  • RES 1: 4112.50 Low Sep 15
  • PRICE: 4057.00 @ 05:40 BST Sep 20
  • SUP 1: 4051.00 Intraday low
  • SUP 2: 4032.00 Low Jul 27
  • SUP 3: 4012.30 61.8% retracement of the Jul 19 - Sep 6 rally
  • SUP 4: 3962.50 76.4% retracement of the Jul 19 - Sep 6 rally

EUROSTOXX 50 futures have started the week on a soft. The contract has probed support at 4060.50, Aug 19 low strengthening a S/T bearish cycle. This follows Friday's move below 4104.50, Sep 9 low that confirmed a bearish price sequence of lower lows and lower highs on the daily chart. Scope is seen for weakness towards 4032.00, Jul 27 low and 4012.30, a Fibonacci retracement. Initial resistance is seen at 4112.50, the Sep 15 low.

Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisHomepagemarkets-real-timeEquitiesAT&T Market NewsBank of America Market NewsBulletMarketsFixed Income BulletsForeign Exchange 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.