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Looking Through Local Data

AUSSIE BONDS

No reaction in ACGBs to a wider than expected monthly trade surplus for Australia, with exports topping estimates and imports missing. The space continues to operate around pre-release levels, holding comfortably cheaper on the day.

  • With the domestic data out of the way focus now moves to Chinese Caixin services & composite PMI data and this evening’s address from RBA’s Kearns, who is Head of the Bank’s Domestic Markets division, and will participate on a panel discussing the topic of “Wholesale Market Conditions and Resilience.”
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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