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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI Credit Weekly: Le Vendredi Noir
MNI: Canada Apr-Sept Budget Deficit Widens On Spending
AU bonds have followed the broader.....>
AUSSIE BONDS: AU bonds have followed the broader theme, with tomorrow's RBA
decision in view. YM last -0.5 tick, with XM -1.0 tick. YM/XM back to unchanged
at 41.0 after steepening a touch early in the day. The latest round of Chinese
manufacturing PMI data from Caixin provided some support overnight, as it missed
expectations, and it is also worth remembering that the Australian AiG m'fing
PMI moved into contractionary territory. Elsewhere, the CoreLogic house price
index revealed the first monthly upticks for Sydney & Melbourne prices for some
time, although the headline capital city index still slid.
- Bills are trading 1 tick higher to 1 tick lower through the reds. RBA repo ops
saw A$650mn of 8-day ops dealt at an average of 1.324%, A$1.1bn worth of 30-day
ops dealt at an average of 1.252% and A$1.04bn worth of 58-day ops dealt at an
average of 1.243%.
- Looking ahead OIS price a near 80% chance of a cut tomorrow, with IB's pricing
a ~75% chance of such a move. Our preview of the decision will follow later
today. It is also worth remembering that RBA Governor Lowe will make an address
5 hours after the decision.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.