Free Trial

Pyrrhic Victory

SNAPSHOT

Below gives key levels of markets in the second half of the Asia-Pac session:

  • Nikkei 225 up 67.6 points at 27983.49
  • ASX 200 down 104.974 points at 7101.3
  • Shanghai Comp. up 15.629 points at 3252.001
  • JGB 10-Yr future down 23 ticks at 149.47, yield unch. at 0.245%
  • Aussie 10-Yr future down 5 ticks at 96.46, yield up 4.9bp at 3.533%
  • U.S. 10-Yr future -0-02 at 117-27+, yield up 0.74bp at 3.047%
  • WTI crude up $0.81 at $119.31, Gold up $0.42 at $1841.84
  • USD/JPY up 98 pips at Y132.87
  • WEAKENED JOHNSON SCRAPES THROUGH AFTER DAMAGING CONFIDENCE VOTE (FT)
  • SWEDEN’S INDEPENDENT MP KAKABAVEH TO ABSTAIN IN KEY NO-CONFIDENCE VOTE
  • RBA RAISES CASH RATE TARGET BY 50BP, PROVIDING HAWKISH SURPRISE
  • BOJ’S KURODA: ECONOMY ISN’T IN A PLACE APPROPRIATE FOR TIGHTENING (BBG)

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.