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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.
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Free AccessMNI ASIA OPEN: Nov Job Gains, Fed Blackout, CPI/PPI Ahead
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MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Bonds hover around SYCOM closing.......>
AUSSIE BONDS: Bonds hover around SYCOM closing levels, a little shy of the
overnight high, trading in step with U.S. Tsys.
- The domestic 3-/10-Year yield differential last trades around 1.0bp flatter at
52bp. The AU/U.S. 10-Year spread continues to operate sub -20bp.
- 3-Month BBSW fixed 0.9bp lower today, with the bill strip trading marginally
mixed last.
- YMU8's sell-off Thursday lacked follow through with an aggressive bounce ahead
of 55- (97.844) & 100-(97.833) DMAs. Bears now need a close below the 100-DMA to
end bullish hopes and below 97.795 to confirm focus on 97.675 2018 lows. Bulls
continue to look for a close above the 21-DMA (97.913) to gain breathing room.
- Participants will focus on the announcement of next week's AOFM issuance
schedule, with broader focus on next week's AU CPI release.
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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.