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Both the 3-Year and 10-Year both.......>

AUSSIE BONDS
AUSSIE BONDS: Both the 3-Year and 10-Year both began SFE climbing but have both
took a 5 tick sell off alongside Tsy's post announcements the U.S. Senate has
approved the budget in crucial steps forward for Republican tax cuts and the
AOFM announced forthcoming transactions... The 3-Year contract was last at
97.850 and the 10-Year was last at 97.200.
- On SYCOM both Aussie bonds contracts made gains on yesterday's SFE amid
geo-political tensions with the Catalonian Crisis and the N. Korean Crisis, they
slipped off towards the end of the overnight as there was speculation in the
markets that Pres. Trump was leaning towards Powell for Fed chair.
- No domestic data today, but next week we see a few large Aussie bonds auctions
and Aus Q3 inflation. ANZ say, "This is undoubtedly the key domestic economic
release for the month. The headline figure will be dominated by the impact of
the sharp rises in residential electricity and gas prices that came into effect
through most of the country on 1 July. We estimate that the nationwide increase
was 10% q/q for electricity and 5% q/q for gas in Q3. All up we see the headline
CPI rising 0.8% q/q, 1.9% y/y."

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