Trial now
BOE

BofA Change Their Bank of England Call

BUNDS

Block trade

EURIBOR

EURIBOR FIX

FRANCE T-BILL AUCTION PREVIEW

E5.3-6.5bln of BTFs on offer next week

GILTS

2s/10s now flattest since 12/05

AUSSIE-KIWI
AUSSIE-KIWI: AUD/NZD has added 6 pips and currently trades at NZ$1.0340, after
printing the lowest level since Aug 6 in early Asia-Pacific trade. The overnight
session was driven by headlines re: spreading China's coronavirus.
- NSW Chief Health Officer informed that a fifth person in the country has
contracted the virus, following an earlier report by the Sydney Morning Herald
mentioning a potential case to be confirmed on Monday. The weekend saw Australia
report its first coronavirus case. Elsewhere, Aussie Health Minister noted that
the country will not halt inbound flights from China at this point.
- Across the ditch, Statistics NZ revised their reading of NZ employment change
for Q3 to +1.0% Y/Y from +0.9%.
- Any move below the Jan 8/overnight lows of NZ$1.0316/12 would play into the
hands of bears, exposing the Aug 6 low of NZ$1.0265. On the topside, the NZ$1.04
mark provides the initial target. A break here would inspire bulls to focus on
NZ$1.0442/43, the 50-DMA/23.6% retracement of the slide from the Nov 7 peak.
- Worth adding that a market closure in Australia & regional holiday in Auckland
(New Zealand) limited liquidity overnight.