MNI BRIEF: Trade War To Increase Volatility Inflation -Panetta

MNI China Daily Summary: Friday, November 15

MNI BRIEF:China Optimistic On Property Despite Investment Fall

CORRECTED-MNI INTERVIEW: NBH To Hold Rates

MNI BRIEF: China Oct Retail Sales Surge On Holiday, Trade-ins

CHINA OCT INDUSTRIAL OUTPUT +5.3% Y/Y VS MEDIAN +5.5% Y/Y: NBS

MNI: US SEP BUSINESS INVENTORIES +0.1%; SALES +0.3%

MNI: US OCT INDUSTRIAL PROD -0.3%; CAP UTIL 77.1%

US OCT RETAIL SALES $718.9B VS SEP $716.0B

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

AUD/NZD Edges Higher Post RBA

NZD
  • The AUD/NZD edged slightly higher on Tuesday, up 0.05% to 1.0957. The cross has traded in a tight range of the four sessions after dropping about 2% last week.
  • The AUD saw a move higher on the back of the RBA hawkish hold on Tuesday, while copper and iron ore prices ticked higher which helped the currency.
  • Looking at techs, initial support is 1.0928 (100-day EMA), while resistance is 1.0979 (50-day EMA).
  • Post the RBA meeting on Tuesday, OIS is pricing is now pricing in a 16% chance of a cut in September, and a cumulative 23bps of cuts into year-end
  • The AU-NZ 2yr swap spread is 12bps higher at -15bps after reaching a low of -34bps on Monday.
  • Expiries: 1.0950 ($482.71m), 1.0960 ($301.11m), 1.0975($382.25m), 1.115 ($375m) Aug 7 NY cut
  • Today, RBA's Hunter Testimony at 9:00 AEST & a 2035 Bond Auction at 11:00 AEST.
Homepagemarkets-real-timeBulletMarketsForeign Exchange Bullets

To read the full story

Close

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.