Trial now
AUSSIE BONDS

Narrow Trade Resumes

AUSSIE BONDS

*correct* Well-Received ACGB Apr ’33 Auction

AUSSIE BONDS

Well-Received ACGB Apr '33 Auction

THB

Baht On Softer Footing

MNI INSIGHT: RBA Review Call After Internal Proposals Rejected

MNI (Sydney)
SYDNEY (MNI)

The RBA was already on the defensive thanks to surging house prices before an OECD call for a policy review.

MARKET NEWS TOP STORIES

MNI INTERVIEW: BOC May Adjust Target As Spending Pledges Mount

Former government adviser Stillo says BOC has already raised attention around a more inclusive recovery.

MNI: US Labor Shortage To Persist Despite Back-To-School Boost

Current and former Fed staffers say worker shortages won't soon reverse even as schools reopen and federal benefits lapse.

MNI BRIEF: US August Sales Seen Lower on Storms, Covid Surge

As the Delta variant spreads across the States, consumer confidence and spending likely dipped in August.

Political Risk

Biden Bombs With Manchin (Axios)

President Biden failed to persuade Sen. Joe Manchin (D-W.Va.) to agree to spending $3.5 trillion on the Democrats' budget reconciliation package during their Oval Office meeting on Wednesday, people familiar with the matter tell Axios.

Four-Way LDP Leadership Contest Kicks Off

Former Internal Affairs Minister Seiko Noda declared her candidacy to become the next leader of the Liberal Democratic Party and Japan's Prime Minister, joining Taro Kono, Fumio Kishida and Sanae Takaichi in the contest. Her declaration came at the 11th hour before the start to official campaigning. Candidates are expected to reveal more details about their views from today.

  • Yomiuri conducted a survey among LDP parliamentarians, which suggested that Kono and Kishida are in a neck and neck race for their support, followed by Takaichi and with Noda lagging behind. The survey estimated that around a third of lawmakers remain undecided.
  • In the first round of the election, 383 LDP lawmakers and an equal number of rank and file members will cast their votes. If no candidate receives an outright majority of votes, two frontrunners will proceed to the second round.

Trudeau Leads In Most Policy Areas, But O'Toole Stronger On Economy-Poll

Issues polling from Research Co. shows a stark division between public views on the strengths of PM Justin Trudeau and Conservative leader Erin O'Toole. Trudeau scores better in 'social' areas (historic Liberal strengths) such as the environment and healthcare (as well as on COVID), while O'Toole does better in areas more important to right-wing voters such as crime and the economy:

(X) Would Be Best On...' Research Co. / Sept 13, 2021 / n=1000

  • Crime: Erin O'Toole (Conservative): 29%, Justin Trudeau (Liberal): 26%, Jagmeet Singh (NDP): 12%, Maxime Bernier (PPC): 4%, Annamie Paul (Green): 2%
  • Economy/Jobs: O'Toole: 33%, Trudeau: 29%, Singh: 15%, Bernier: 4%, Paul: 2%
  • Energy: O'Toole: 27%, Trudeau: 25%, Singh: 13%, Paul: 5%, Bernier: 4%
  • Environment: Trudeau: 28%, O'Toole: 17%, Singh: 16%, Paul: 14%, Bernier: 3%
  • Healthcare: Trudeau: 29%, O'Toole: 23%, Singh: 21%, Bernier: 4%, Paul: 2%
  • Immigration: Trudeau: 29%, O'Toole: 24%, Singh: 16%, Bernier: 4%, Paul: 2%
  • Foreign Affairs: Trudeau: 31%, O'Toole: 26%, Singh: 13%, Bernier: 4%, Paul: 2%
  • Covid: Trudeau: 36%, O'Toole: 22%, Singh: 12%, Bernier: 6%, Paul: 2%

On Potential Tweak To Bank of Canada's Inflation Mandate

The Bank of Canada may adjust its inflation mandate, a former adviser to the nation's biggest province tells MNI - On MNI Policy MainWire now, for more details please contact sales@marketnews.com

MARKET NEWS REAL-TIME COVERAGE

Anna Paulson webcast promo
Register Now

MNI Webcast with Anna Paulson, Chicago Fed Director of Research, October 6 2021

High Speed Calendar promo
Click to Trial

Trial The New MNI High Speed Calendar

Central Bank Policy promo image
Trial MNI

Timely & Actionable Insight on Central Bank Policy

FI and FX Markets promo image
Trial MNI

MNI is “All Signal, No Noise”

FI and FX Markets promo image
Trial MNI

MNI 2021 winner of the ISM Chicago Bishop Award