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RBA Moves To ELB In Rates, Adopts Purer Form Of QE

SNAPSHOT

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

  • Nikkei 225 is closed
  • ASX 200 up 115.102 points at 6066.4
  • Shanghai Comp. up 35.836 points at 3260.779
  • JGBs are closed
  • Aussie 10-Yr future up 5 ticks at 99.225, yield down 5bp at 0.773%
  • U.S. 10-Yr future -0-00+ at 138-09, cash Tsys are closed
  • WTI crude down $0.04 at $36.77, Gold down $2.4 at $1893.06
  • USD/JPY up 1 pip at Y104.73
  • RBA CUTS RATES, ANNOUNCES A$100 BILLION BOND-BUYING PROGRAM (BBG)
  • CHINA BAN ON US$400 MILLION AUSTRALIAN WHEAT IMPORTS LOOMS (SCMP)
  • BATTLE AT ARM CHINA THREATENS $40BN NVIDIA DEAL (FT)
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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