Free Trial
JGB TECHS

(M2) Correction Extends

US STOCKS

Late Session Rebound

AUSSIE 10-YEAR TECHS

(M2) Corrective Cycle Remains In Play

AUSSIE 3-YEAR TECHS

(M2) Gains Still Considered Corrective

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
AUSSIE BONDS

The front end has led the way lower since yesterday’s settlement, in lieu of Fed Chair Powell’s comments re: considering a faster tapering pace and the need to retire the term “transitory” when it comes to inflation. Those comments dragged futures away from best levels of the overnight session, with the Omicron-inspired gains unwound. YM -4.0 & XM -1.0 at typing.

  • The belly of the cash ACGB curve leads the way lower, as you would expect in the wake of Powell’s tapering comments.
  • Q3 GDP data headlines the domestic docket on Wednesday, with A$1.0bn of ACGB Apr-33 supply also due. Further afield, the latest Caixin manufacturing PMI survey out of China (which is more geared towards SMEs vs. the focus on large firms in the official survey) will be worth watching, especially in lieu of yesterday’s firmer than expected official PMI prints.
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

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.