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RBA Pulls YCT, Ambiguous Cash Rate Guidance Adopted

SNAPSHOT

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

  • Nikkei 225 down 126.18 points at 29520.9
  • ASX 200 down 46.475 points at 7324.3
  • Shanghai Comp. down 53.818 points at 3490.643
  • JGB 10-Yr future up 8 ticks at 151.56, yield down 1.5bp at 0.081%
  • Aussie 10-Yr future up 1.5 ticks at 98.085, yield down 1.5bp at 1.890%
  • U.S. 10-Yr future +0-07+ at 130-28+, yield down 1.04bp at 1.547%
  • WTI crude up $0.07 at $84.13, Gold up $0.44 at $1793.77
  • USD/JPY down 31 pips at Y113.69
  • RBA DROPS YCT, AMBIGUOUS FORWARD GUIDANCE TWEAK DEPLOYED
  • PBOC'S LOWER INJECTION NOT SIGNAL OF TIGHTER LIQUIDITY (SEC NEWS)
  • CHINESE DEVELOPERS REPAY BONDS EARLY AS CONTAGION SPREADS (BBG)
  • FRANCE PULLS BACK IN BREXIT FISH ROW, GIVES TALKS MORE TIME (BBG)
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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