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USDCAD TECHS

Stronger In a Range

AUDUSD TECHS

Weaker In A Range

US TSYS SUMMARY

Ending The Week On A Soft Note

EURJPY TECHS

Bearish Risk Growing

USDJPY TECHS

Stronger, But Still Vulnerable

US

SP500 PE Ratio vs. CPI Inflation

BOND SUMMARY
BOND SUMMARY: Participants remain on the lookout for the updates on the
spreading Wuhan coronavirus. The death toll and number of confirmed cases ticked
higher still, but price action across the core FI space has been much more
subdued than yesterday. T-Notes trade +0-00+ at 130-29, yields curve has bull
steepened a tad in cash trade. Eurodollars sit -0.5 tick to unch. thru reds.
- JGB futures have crept higher, last trade +5 ticks vs. settlement at 152.65.
The contract threatened to break above yesterday's high of 152.70 but pulled
back from highs. Cash JGB yields are mostly lower. The MoF will auction 40-Year
JGBs later today, while PM Abe is exp. to nominate a potential successor to
BoJ's Harada. Japanese services PPI provoked little in the way of reaction. 
- In Australia, YM +8.0 & XM +11.0 as Aussie bond futures have played catch-up
after the long weekend. Further support have come from the local NAB Business
Confidence Survey, which revealed downticks in both the conditions and
confidence metrics. Yields sit 9.2-14.1bp lower across the flatter curve. Bills
trade 3-6 ticks higher through the reds.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com