DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Futures Nudge Lower To Start The Week

AUSSIE BONDS

Aussie bonds have started the new week a touch below their late overnight levels, with YM -0.5 & XM -2.0, as global core FI markets look through weekend news flow headlined by softer than expected official manufacturing PMI data out of China & bubbling Sino-U.S. tensions surrounding Taiwan (fleshed out in earlier bullets).

  • A quick reminder that cash ACGB markets are closed on Monday owing to the observance of a state holiday in NSW.
  • Bills run 3bp lower to 1bp higher through the reds, twist flattening.
  • Note that the weekend saw the release of latest round of CoreLogic house price data, which revealed a 1.4% M/M fall in July, representing the swiftest rate of headline decline observed since the 1980’s.
  • Looking ahead, Monday’s domestic highlights include ANZ job ads data, Melbourne Institute inflation readings and the final S&P m’fing PMI print. Note that the Chinese Caixin manufacturing PMI print will provide a source of offshore interest during Monday’s session.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income BulletsHomepageBond Market News
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
BulletMarketsFixed Income BulletsHomepageBond Market News

To read the full story

Close

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.