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Modest Rally, 20-Year Supply Eyed


Bank Indonesia Eyed


VIEW: ANZ Pencil In More OCR Hikes


Eyes On The RBA

  • Commodity markets stuck to their recent ranges throughout the Monday session, with WTI and Brent futures edging off last week's best levels to retreat by around 0.4% apiece. There were few major macro drivers Monday, with markets waiting for key rate decisions later this week from the ECB, Bank of Canada and Central Bank of Russia.
  • Similarly, gold and silver traded inside the recent range, keeping directional parameters unchanged for now. Spot gold holds just below the $1900/oz level ahead of the Monday close to edge above Friday's high, but Thursday's best levels remain out of reach for now.
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