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Free AccessJGB futures edged lower in overnight trade,....>
JGBS: JGB futures edged lower in overnight trade, shedding 6 ticks.
- There was little of note on the local news front. The government's latest
draft of policy framework omitted any explicit mention of the government's
target to achieve a primary budget surplus by FY25, as had been previously
suggested in local press reports. A Cabinet official was quick to note that the
omission of the budget surplus target didn't mean the government's fiscal policy
had changed.
- Core machine orders, machine tool orders and 5-Year JGB supply headline the
local docket today.
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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.