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GBPUSD TECHS

Key Resistance Exposed

EURUSD TECHS

Consolidating

EUROSTOXX50 TECHS

(M1) Approaching Key Support

BTP TECHS

(M1) Downtrend Extends

GILT TECHS

(M1) Key Support Zone Exposed

SCHATZ TECHS

(M1) Clears Congestion Support

Aussie Bonds have tracked Tsys.........>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds have tracked Tsys higher on the back of the latest
FOMC decision, with the AU/U.S. 10-Year yield spread holding steady at ~-35.5bp,
while the domestic 3-/10-Year domestic yield differential trades a little
flatter at ~61.5bp last. Outright Bond futures trade back from highs on above
average volume.
- Solid month-end extensions are expected to draw support for the space.
- Elsewhere, 3-Month BBSW fixed ~0.6bp higher today. ANZ have noted that "BBSW
has been largely static for the last month, bank deposit data is out in coming
days & may shed light on the non-move." The Bill strip trades unchanged to a
tick higher last.
- On the corporate issuance front KDB has mandated banks for an A$ Bond
roadshow, while chatter points to Heathrow considering a 10-Year A$ offering as
soon as next week.
- Participants look to the AOFM's weekly issuance schedule with interest, ahead
of next week's RBA MonPol decision, AU trade data & retail sales. It is also
worth noting that RBA's Heath will make an appearance next week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com