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RBNZ Delivers 25bp OCR Hike, Rate Track Shifts Steeper & Higher

SNAPSHOT

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

  • Nikkei 225 down 471.45 points at 29302.66
  • ASX 200 down 11.125 points at 7399.44
  • Shanghai Comp. up 12.624 points at 3601.303
  • JGB 10-Yr future down 11 ticks at 151.58, yield up 0.6bp at 0.081%
  • Aussie 10-Yr future up 1.0 tick at 98.125, yield down 0.7bp at 1.860%
  • U.S. 10-Yr future +0-09+ at 130-02+, yield down 3.62bp at 1.629%
  • WTI crude up $0.26 at $78.76, Gold up $6.07 at $1795.28
  • USD/JPY down 26 pips at Y114.88
  • ECB'S MAKHLOUF: ECB 'SHOULD NOT HESITATE' TO INCREASE RATES IF INFLATION PERSISTS (IRISH TIMES)
  • SEFCOVIC: POST-BREXIT TALKS WILL 'PROBABLY' DRAG INTO NEXT YEAR (POLITICO)
  • FORWARD GUIDANCE COULD GO, SAYS BOE'S BAILEY AFTER RATE RISE COMMENTS (THE TIMES)
  • CHINA'S ECONOMY CZAR LIU HE CALLS FOR STABLE HOUSING MARKET (BBG)
  • RBNZ DELIVERS 25BP OCR HIKE, PROVIDES STEEPER, HIGHER RATE TRACK
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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