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BRAZIL

Precatorios Bill May Be Voted On This Thursday

FED

Chairman Powell

EURJPY TECHS

Resumes Its Downtrend

USDJPY TECHS

Testing Its 50-Day EMA

AUSSIE BONDS
AUSSIE BONDS: Little in the way of sustained underperformance for ACGB 2032
1.25% 21 May 2032 after the AOFM announced a A$2.5bn initial tap of the line for
next week, as it goes back to the well after a strong opening auction for the
line, looking to build it up to size.
- Chinese PMI data muddied market reaction around the time of the AOFM issuance
schedule release, with the upgrade in the U.S. travel warning re: China
providing some support in more recent trade. YM +0.5, XM +1.0.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com