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USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

US

'Big Tech' Bill Goes To Senate

COMMODITIES

Oil Up For Fifth Week On Supply Disruption, Geopolitics

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The uptick in e-minis & U.S. Tsy yields flagged elsewhere has resulted in an unwind of the early Sydney bid, and more, which leaves YM at unchanged levels, while XM runs 7.0 above settlement. The 10- to 12-Year zone outperforms on the cash ACGB curve. 3-Year EFPs sit a touch narrower, while 10-Year EFPs have seen some notable widening, but haven’t extended beyond the recent range. Local data releases have provided no immediate impetus for the space.