MNI China Daily Summary: Friday, February 3

MNI BRIEF: Professional Forecasters Up Inflation Outlook: ECB

MNI BRIEF: China To Fully Reopen Borders With HK and Macau

US Treasury Auction Calendar

Coming up in the Asia-Pac session on Monday

MNI DATA FORECASTS: RBA, Riksbank In Focus

(RPT)MNI INTERVIEW: BOC In One And Done Zone - Chamber

Rpt- MNI INTERVIEW: BOC Losses May Dent Inflation Fight- Tombe

MNI BRIEF: EU Sees Statement After UK-EU Talks This Afternoon

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AUSTRALIA

Labor Holds Its Lead Over The Opposition

AUSSIE BONDS

Futures Consolidate NFP-Driven Losses, RBA Moves Into View

AUSTRALIA

RBA Focus Of The Week; 25bp Hike Expected, Forecasts On Friday

CNH

USD/CNH Back Above 6.8000, US-China Relations In Focus

RATINGS

Affirmations Across The Board On Friday

NEW ZEALAND

Markets Closed On Monday

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(Z2) Remains Vulnerable

BUND TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income News
  • RES 4: 142.87 High Oct 4 and a key reversal point
  • RES 3: 141.74 High Oct 5
  • RES 2: 140.23/92 50-day EMA / High Oct 28 and the bull trigger
  • RES 1: 137.82/139.24 20-day EMA / High Nov 2
  • PRICE: 137.20 @ 05:04 GMT Nov 9
  • SUP 1: 135.65 76.4% retracement of the Oct 21 - 28 bull phase
  • SUP 2: 135.23 Low Oct 24
  • SUP 3: 134.02 Low Oct 21 and the bear trigger
  • SUP 4: 133.74 0.618 proj of the Aug 2 - 12 - 15 price swing

Bund futures maintain a bearish tone following last week’s move lower and despite yesterday’s gains. The recent break of 137.57, Oct 27 low, signals scope for a deeper retracement near-term. This has opened 135.65, a Fibonacci retracement ahead of the bear trigger at 134.02, the Oct 21 low. On the upside, initial resistance is at 137.82, the 20-day EMA. A break would be seen as a positive intraday development.

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  • RES 4: 142.87 High Oct 4 and a key reversal point
  • RES 3: 141.74 High Oct 5
  • RES 2: 140.23/92 50-day EMA / High Oct 28 and the bull trigger
  • RES 1: 137.82/139.24 20-day EMA / High Nov 2
  • PRICE: 137.20 @ 05:04 GMT Nov 9
  • SUP 1: 135.65 76.4% retracement of the Oct 21 - 28 bull phase
  • SUP 2: 135.23 Low Oct 24
  • SUP 3: 134.02 Low Oct 21 and the bear trigger
  • SUP 4: 133.74 0.618 proj of the Aug 2 - 12 - 15 price swing

Bund futures maintain a bearish tone following last week’s move lower and despite yesterday’s gains. The recent break of 137.57, Oct 27 low, signals scope for a deeper retracement near-term. This has opened 135.65, a Fibonacci retracement ahead of the bear trigger at 134.02, the Oct 21 low. On the upside, initial resistance is at 137.82, the 20-day EMA. A break would be seen as a positive intraday development.