Free Trial

Marginally Richer Start, Docket Thin Today

AUSSIE BONDS

ACGBs have opened dealing ~1bp richer across the major benchmarks. Participants are digesting a rally in JGBs yesterday, after the BOJ held policy steady, and a muted session for US Tsys.

  • Futures have opened a touch above yesterday's closing levels, XM (+0.025) and YM (+0.01).
  • A reminder that yesterday's RBA minutes were a touch on the hawkish side as the bank noted they had considered a rate rise in December.
  • Today's docket is thin with just the November Westpac Leading Index due. There is no estimate and the prior read was -0.03%.
  • Looking ahead, Friday's November Private Sector Credit rounds off the week's docket.

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.