Free Trial

RBA Ends QE, But Doesn’t Pivot Policy

SNAPSHOT

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

  • Nikkei 225 up 79.41 points at 27081.39
  • ASX 200 up 34.368 points at 7006
  • Shanghai Comp. is closed
  • JGB 10-Yr future down 11 ticks at 150.6, yield up 0.2bp at 0.180%
  • Aussie 10-Yr future down 0.5 tick at 98.080, yield up 0.8bp at 1.903%
  • U.S. 10-Yr future +0-03+ at 128-02+, yield down 0.54bp at 1.771%
  • WTI crude up $0.33 at $88.48, Gold up $5.81 at $1802.94
  • USD/JPY down 16 pips at Y114.95
  • FED’S GEORGE WANTS MAJOR BALANCE SHEET REDUCTION (MNI)
  • FED'S BOSTIC: HALF-POINT RATE HIKE ISN'T HIS PREFERRED POLICY PATH (MARKETWATCH)
  • FED’S BARKIN: BUSINESSES WOULD WELCOME HIGHER INTEREST RATES (CNBC)
  • FED'S DALY SUPPORTS RATE LIFTOFF IN MARCH, WANTS OPTIONS OPEN ON RATE PATH (RTRS)
  • RBA STAYS FIRM ON CASH RATE VIEW, DROPS QE (MNI)
  • NO BOJ INTERVENTION NOW AS 10-YR JGB YIELD RISES (MNI)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.