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Aussie bonds see some decent buying....>

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds see some decent buying interest taking futures to
session highs, YMU7 hits 98.05 (July 27 high) after some 10k paid at 98.04. Next
resistance is 98.08 the June 30 high.
- Markets await the private measure of inflation from the Melbourne Institute,
as well as HIA new home sales data, private sector credit and Chinese
manufacturing/services data.
- Quiet summer trade likely to dominate ahead of the RBA rate announcement
tomorrow. No change is expected from the RBA, sources note that they expect
upside for Aussie bonds with RBA Gov. Lowe and Deputy Gov. Debelle both adopting
a dovish tilt last week and more of the same push back against hawkish market
expectations expected.

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