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RBA Sticks With Taper, but Elongates Minimum Life Of Initial Step Down

SNAPSHOT

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

  • Nikkei 225 up 261.9 points at 29931.45
  • ASX 200 down 3.093 points at 7525.2
  • Shanghai Comp. up 27.792 points at 3649.651
  • JGB 10-Yr future up 10 ticks at 151.98, yield down 1.6bp at 0.035%
  • Aussie 10-Yr future up 0.5 tick at 98.765, yield down 0.3bp at 1.255%
  • U.S. 10-Yr future -0-04+ at 133-08, yield up 1.7bp at 1.339%
  • WTI crude down $0.17 at $69.12, Gold down $1.97 at $1820.96
  • USD/JPY down 5 pips at Y109.82
  • UK PM JOHNSON TO UNVEIL GBP10BN A YEAR TAX RISE TO FUND NHS AND SOCIAL CARE (FT)
  • RBA STICKS WITH TAPERING, EXTENDS GUARANTEED LIFE OF A$4BN/WEEK PURCHASES
  • JAPAN'S ISHIBA BALKS AT RUNNING IN PARTY RACE, IN BOON FOR KONO (NIKKEI)
  • CHINA POSTS WIDER THAN EXPECTED TRADE SURPLUS IN AUG
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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