Free Trial

Futures Steeper, Little On The Local Docket On Tuesday

AUSSIE BONDS

Futures steepened overnight as U.S. Tsys pulled back from best levels of the day, YM closing at unchanged levels and XM -3.5, with the latter dealing just off of its after-hours low.

  • There is a lack of domestic risk events slated on Tuesday. Late in the Sydney evening we will see RBA Deputy Governor Debelle speak on "Outcomes of the 3-year review of the FX Global Code" at the FX Markets U.S. Conference 2021, which has very limited (if not 0) spill over potential for the space. That will leave the domestic COVID situation front and centre ahead of Wednesday's Q2 CPI print.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.