Free Trial

Slight misses in most of the CPI.............>

AUSSIE
AUSSIE: Slight misses in most of the CPI categories and Private Sector Credit in
Australia sees Aussie bonds catch a bid, 3-Year future rising to a session high
of 97.78, 10-Year touching 97.175.
- Curve flattens as rate hike expectations, which had been rising in recent
sessions, took a hit. 3-/10-Year spread 1.1bp wider on the session. 90-day bank
bill strip moves higher, IRU8 and IRZ8 up 3 ticks each. 
- AUD/USD drops, touching a session low of 0.8054 before bouncing back to
0.8074. Support in the pair seen at the 10-DMA at 0.8046.
- Next focus is China official Mfg/Non-Mfg PMI figures due at 0100GMT.

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.