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US 10YR FUTURE TECHS

(Z1)‌‌ Path Of Least Resistance Remains Down

BOND SUMMARY

EGB/Gilt: Inching Lower

COMMODITIES

WTI Edges Off A Fresh Cycle High

EQUITIES

US Futures Moderate as S&P500 Approaches Record High

CHINA PRESS
MNI (Sydney)

China's monetary policy needs to be more prudential given the fast-rising macro-leverage ratio ,which increased to 270.1% last year, and the risk of imported inflation, the Economic Information Daily commented on its frontpage. The government should steadfastly promote yuan globalization as the U.S. dollar's expected depreciation, due to its easing policies, endanger China's foreign reserves, the Daily said. China has taken precautionary measures, such as potentially allowing individuals to purchase foreign securities, to deal with the potential spillover effects of monetary easing in other countries, it added.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com