Guy Elster at Walla News reporting that the Israeli Air Force (IAF) has dismissed a pilot and one of the leaders of a protest movement among reservists opposed to the gov'ts proposed judicial reforms. This comes as a visit by US Secretary of Defense Lloyd Austin III initially due to last two days is curtailed to two hours at Ben Gurion Airport amid mass protests in cities across the country.
Source: Direct Polls, Camil Fuchs, Midgam, Kantar, Panels Politics, MNI
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Lead quarterly Mar'23 (EDH3) -0.010 to 94.94 after 3M LIBOR set' inches +0.00186 to new 14-year high of 4.84500% (+0.01086/wk).
A sharp pullback in Treasury futures Friday and a continuation lower Monday, highlights a bearish cycle and signals scope for an extension of the current bear cycle. The contract has breached 114-05+, the Jan 30 low and a short-term bear trigger. Note that price has also breached the 50-day EMA. This opens 112-29 next - a Fibonacci retracement. Initial firm resistance is seen at 114-18, the 20-day EMA.