US OUTLOOK/OPINION: Fed's SLOOS Survey Signals Continued Bank Lending Recovery

Feb-04 21:11

You are missing out on very valuable content.

The Fed's quarterly Senior Loan Officer Survey for January cast a positive light on bank lending pro...

Historical bullets

ASIA: Coming Up In Asian Markets On Monday

Jan-05 21:10
0030GMT0830HKT1130AEDTSingapore Dec S&P PMI
0145GMT0945HKT1245AEDTChina Dec Caixin PMIs 
0330GMT1130HKT1430AEDTThailand Dec CPI
0500GMT1300HKT1600AEDTIndia Dec F HSBC PMIs

ASIA: Coming Up In Asia Pac Markets On Monday

Jan-05 21:05
2200GMT0600HKT0900AEDTAustralia Dec F S&P PMIs 
0030GMT0830HKT1130AEDTJapan Dec F Jibun Bank PMIs
0145GMT0945HKT1245AEDTChina Dec Caixin PMIs 

JGB TECHS: (H5) Returns Lower

Jan-03 23:45
  • RES 3: 149.55 - High Mar 22 (cont)
  • RES 2: 147.74 - High Jan 15 and bull trigger (cont)  
  • RES 1: 144.48/146.53 - High Nov 11 / High Aug 6 
  • PRICE: 142.12 @ 15:01 GMT Jan 03
  • SUP 1: 141.65 - Low Dec 30
  • SUP 2: 141.56 - 1.764 proj of the Aug 6 - Sep 3 - 9 price swing
  • SUP 3: 141.05 - 2.000 proj of the Aug 6 - Sep 3 - 9 price swing   

Markets slipped on the hawkish Fed and are yet to fully recover, touching 141.65 on the way lower. Medium-term trend signals on the continuation chart continue to point south. A resumption of the trend would pave the way for a move towards 141.56, a Fibonacci projection point on the continuation chart. A stronger recovery would open 144.48, the Nov 11 high. Further out, key resistance is at 146.53, the Aug 6 high (cont).