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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.
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Free AccessMNI: Japan Govt Keeps Economic Assessment, Ups Imports
MNI EUROPEAN OPEN: CAD, MXN Weaken On Tariff Threat, JPY Firms
(Z9) Continues to Edge Lower...>
US 30YR FUTURE TECHS: (Z9) Continues to Edge Lower
*RES 3: 166-25 Contract high Aug 28
*RES 2: 165-25 High Sep 5
*RES 1: 165-07 High Oct 7
*PRICE: 163-13 @ 10:33 GMT, Oct 9
*SUP 1: 163-07 Low Oct 3
*SUP 2: 162-04 Low Oct 2
*SUP 3: 160-19 Low Oct 1 and key near-term support
Familiar patterns resumed early Thursday, with 30yr futures edging lower from
the open and further damaging the bullish structure that had cemented last week.
There are few signs of a bearish breakout, but any fall through the 50-dma at
162-30 will go a long way to denting the outlook. A move above 165-07 would
confirm a resumption of the uptrend and open the contract high of 166-25 from
Aug 28. On the downside, the 50-dma is the initial target ahead of the early
October lows layered between 162-04 to 163-07.
To read the full story
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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.