EU TECHNOLOGY: TECHNOLOGY: Nokia Headlines

Aug-30 06:04

Ba1/BBB-/BBB-

  • “*NOKIA COMMENTS ON TRADING ACTIVITY OF STOCK
  • *NOKIA: NOTHING TO ANNOUNCE IN RELATION TO SPECULATIONS
  • *NOKIA: NO RELATED INSIDER PROJECT EXISTS” -BBG



  • “*Nokia 'Committed to the Success of Its Mobile Networks Business, a Highly Strategic Asset for Both Nokia and Its Customers'” -DJ

Historical bullets

MNI: GERMANY JUNE EXPORT PRICES +0.6% Y/Y, +0.3% M/M

Jul-31 06:03



  • MNI: GERMANY JUNE EXPORT PRICES +0.6% Y/Y, +0.3% M/M
  • GERMANY JUNE IMPORT PRICES +0.7% Y/Y, +0.4% M/M

GILT TECHS: (U4) Resistance Remains Exposed

Jul-31 06:03
  • RES 4: 100.00 Psychological round number
  • RES 3: 99.62 1.382 proj of the May 29 - Jun 4 - 10 price swing
  • RES 2: 99.23 High Jun 21 and a key resistance
  • RES 1: 98.93/94 High Jul 26 / 30
  • PRICE: 98.74 @ Close Jul 30
  • SUP 1: 98.17/97.46 20-day EMA / Low Jul 26
  • SUP 2: 96.96 Low Jul 3
  • SUP 3: 96.57 Low Jul 1 and a key support
  • SUP 4: 96.25 76.4% retracement of the May 29 - Jun 21 bull run

Gilt futures have traded higher this week. This marks an extension of last Friday’s strong bounce and opens 98.93, the Jul 18 high, and 99.23, the Jun 21 high. Clearance of both levels would confirm a resumption of the bull cycle that started May 29. This would signal scope for a climb towards 99.62, a Fibonacci projection. For bears, a reversal and break of 97.46, the Jul 26 low, would instead reinstate a bearish threat.

MNI: MNI CHINA LIQUIDITY INDEX: CONDITIONS EASE IN JULY

Jul-31 06:00



  • MNI CHINA LIQUIDITY INDEX: CONDITIONS EASE IN JULY
  • MNI JULY CHINA LIQUIDITY CONDITION INDEX 31.4 VS JUNE 62.8
  • MNI: CLI JULY CURRENT ECON CONDITION INDEX 47.7 VS JUNE 51.2