DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

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

(Z9) Closing In On The Channel Top.......>

BUND TECHS
BUND TECHS: (Z9) Closing In On The Channel Top
*RES 4: 173.15 High Oct 11
*RES 3: 172.82 High Oct 15
*RES 2: 172.03 High Oct 31 and key resistance
*RES 1: 171.56/57 High Nov 20 / Channel top drawn off the Sep 3 high
*PRICE: 171.38 @ 05:45 GMT Nov 27
*SUP 1: 170.88 Low Nov 26
*SUP 2: 170.31 Low Nov 22
*SUP 3: 169.67 Low Nov 13
*SUP 4: 169.12 Low Nov 8 and bear trigger
Z9 Bund was firmer Tuesday. Prices however remain below resistance at 171.56,
Nov 20 high and more importantly 171.57, the bear channel resistance drawn off
the Sep 3 high. A break of this resistance zone is required to highlight a
potential reversal and would open 172.03 initially, Oct 31 high. This would also
negate bearish candle patterns confirmed last week that continue to play a role
in highlighting a possible top. Key short-term support lies at 170.31.
MarketsFixed Income Bullets
MarketsFixed 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.