EM CEEMEA CREDIT: IAMMC: legal settl with INWI
Mar-28 14:49
"*MAROC TELECOM TO PAY 4.4B DIRHAM TO INWI IN LEGAL SETTLEMENT" - BBG
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EQUITY TECHS: E-MINI S&P: (H5) Pierces Support
Feb-26 14:46
- RES 4: 6205.38 0.764 proj of the Jan 13 - 24 - Feb 3 price swing
- RES 3: 6200.00 Round number resistance
- RES 2: 6178.75 High Dec 6 and key resistance
- RES 1: 6069.41/6166.50 20-day EMA / High Jan 24
- PRICE: 5980.00 @ 14:35 GMT Feb 26
- SUP 1: 5924.00 Low Feb 25
- SUP 2: 5892.37 76.4% retracement of the Aug 5 - Dec 6 bull leg
- SUP 3: 5842.50 Low Jan 14
- SUP 4: 5809.00 Low Jan 13 and a reversal trigger
The latest move down in S&P E-Minis appears corrective, however, price has breached support at 6014.00, the Feb 10 low. This exposed a key support at 5935.50, the Feb 3 low, that was pierced on Tuesday. A clear break of it would allow for a deeper retracement. MA studies are in a bull-mode condition that suggests the trend direction remains up. A resumption of gains would refocus attention on key resistance at 6178.75, the Dec 6 ‘24 high.
US TSY FUTURES: BLOCK: June'25 5Y Sale
Feb-26 14:42
- -6,150 FVM5 107-15.25, post time bid at 0934:39ET, DV01 $271,000. The June 5Y contract trades 107-14.75 last (-1)
CROSS ASSET: Bitcoin and Gold have found some selling Interest
Feb-26 14:42
- There's been a sudden leg down in Metals, especially Gold and Silver, although not seen a clear new trigger, it comes along Bitcoin falling through Yesterday's low of $85,955.30.
- Bitcoin was over $3k down at one point but has recovered around $1k since.
- US Equities saw an initial sell off on the Cash open, but have lacked real momentum, Emini (ESH5) is still short of the Overnight printed low.
