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Approaching Key Resistance


Approaching The 50-Day EMA


Monday Look Ahead, Markit PMIs, ISMs


Larger FX Option Pipeline

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The impulse from the U.S. Tsy space allowed futures to extend on the Sydney bid during after-hours dealing, although the contracts finished shy of best levels, with YM +3.5 and XM +7.5 come the close.

  • Local COVID matters and the previously identified press speculation re: the potential for the RBA to renege on its tapering plans before the taper even begins continue to dominate on the domestic front.
  • The minutes from the RBA's July monetary policy gathering will be pined on Tuesday, although most see little scope for anything that would prove to be a gamechanger within the release.