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Futures Hold Lower In Wake Of RBA Meeting Minutes

AUSSIE BONDS

Futures have drifted lower in the wake of the release of December’s RBA meeting minutes, with CBA now looking for the RBA to end its bond purchase scheme in February, as they look for better than expected Q4 CPI and labour market data (at least when compared to RBA projections) ahead of the Bank’s February meeting. The uptick in e-minis has also helped apply some pressure to ACGBs. YM -1.0 & XM -6.0 at typing.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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