SWEDEN: Q2 GDP a tenth above consensus; 4 tenths below Riksbank forecast

• RES 4: 93.00 Round number resistance     
• RES 3: 92.74 61.8% retracement of the Jul 1 - 18 bear leg     
• RES 2: 92.42 50.0% retracement of the Jul 1 - 18 bear leg   
• RES 1: 91.82/92.15 20-day EMA / High Jul 22
• PRICE: 91.73 @ Close Jul 29 
• SUP 1: 91.08 Low Jul 18 and the bear trigger   
• SUP 2: 90.97 76.4% retracement of the May 22 - Jul 1 bull leg
• SUP 3: 90.59 Low May 29   
• SUP 4: 90.46 Low May 23        

Gilt futures continue to trade below their recent highs. A rally on Jul 22 resulted in a break of the 20-day EMA. A resumption of gains would signal scope for a climb towards 92.42, the 50.0% retracement of the Jul 1 - 18 bear leg. On the downside, key support and the bear trigger has been defined at 91.08, the Jul 18 low. Clearance of this level would resume the bear cycle that started Jul 1.

MNI publishes the latest China Money Market Index survey of the Chinese money markets -- on MNI Policy MainWire now, for more details please contact sales@marketnews.com.

• MNI CHINA MONEY MKT INDEX JULY LQDTY OUTLOOK 46.8 VS JUNE 47.8
• MNI CHINA MMI CURRENT LQDTY CONDITIONS JULY 25.5 VS JUNE 23.9
• MNI CHINA MMI ECONOMIC CONDITIONS JULY 54.3 VS JUNE 57.6