EM ASIA CREDIT: Baidu: Driverless cars to launch in Dubai
Sep-26 06:01
(BIDU, A3/NR/A) "*Baidu Plans to Start Operating Fully Driverless Robotaxis in Dubai by 1Q 2026, Ba...
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MNI CHINA MONEY MKT INDEX AUG LQDTY OUTLOOK 48.9 VS JULY 46.8
Aug-27 06:00
- MNI CHINA MONEY MKT INDEX AUG LQDTY OUTLOOK 48.9 VS JULY 46.8
- MNI CHINA MMI CURRENT LQDTY CONDITIONS AUG 37.2 VS JULY 25.3
- MNI CHINA MMI ECONOMIC CONDITIONS AUG 56.4 VS JULY54.3
MNI: GERMANY SEP GFK CONSUMER CLIMATE -23.6
Aug-27 06:00
- MNI: GERMANY SEP GFK CONSUMER CLIMATE -23.6
USDJPY TECHS: In A Range
Aug-27 05:59
- RES 4: 151.62 61.8% retracement of the Jan 10 - Apr 22 bear leg
- RES 3: 150.92 High Aug 1 and a key resistance
- RES 2: 149.81 76.4% retracement of the Aug 1 - 14 bear leg
- RES 1: 148.78/149.12 High Aug 22 / 61.8% of the Aug 1 - 14 bear leg
- PRICE: 147.82 @ 06:58 BST Aug 27
- SUP 1: 146.21 Low Aug 14
- SUP 2: 145.86 Low Jul 24
- SUP 3: 145.40 50% retracement of the Apr - Aug upleg
- SUP 4: 144.91 Trendline drawn from the Apr 22 low
USDJPY is trading inside a range and a bear threat remains present. The short-term bear trigger has been defined at 146.21, the Aug 14 low. Clearance of this level would resume a downtrend and pave the way for an extension towards 145.40, a Fibonacci retracement. For bulls, a resumption of gains would instead open 149.12, 61.8% of the Aug 1 - 14 bear leg. Key resistance is far off at 150.92, the Aug 1 high.
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