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JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

FED
FED: Q&A continued:
- Q: Fiscal headwind impact?
- A: Slack in the economy does play some small role, we have some impact on
that. If low inflation not transient, then that's something we take into
consideration. (Doesn't really answer question)
- Q: Could economic expansion last 20-25 years? Would recession during your
tenure considered a failure?
- A: Powell cites Australia non-recession streak, says 'possible'.
- Q: Parallels to 90s?
- A: Similarities in length, but different. 'Interesting' to look at the history
but in our own cycle we face our own set of challenges
- Q: Political pressure (Trump's comments on rate cuts) impact on policy?
- A: We are non-political, don't think about or discuss short-term political
considerations. Boilerplate about dual mandate. For the past 10 days, FOMC
members will have made extensive preparation for the meeting, talking to 1000s
of market participants etc.