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PIPELINE

$1.5B Korea Development Bank 3Pt Launched

US TSY FUTURES

5s30s Yield Curve Precipitous Decline

FED

Powell Re-Appointment Probability Slipping

MENA

EU's Borrell: Time Is Not On Iran's Side

AUSSIE
AUSSIE: The Aussie opened in Asia at $0.7852 at the lower side of the $0.7845 to
$0.7919 range witnessed yesterday, where softer commodities, led by oil and
hawkish comments from Fed's Dudley undermined the antipodean. RBA minutes from
their August meeting is the main focus for investors, but given we have since
had RBA's Statement on Monetary Policy and a speech by Governor Lowe, traders
expect the minutes are unlikely to provide any major surprises. Initial support
is located at $0.7839 (Aug11 low), with key support then seen at $0.7818 (50%
$0.7571-$0.8066), while hourly resistance lies between $0.7870-80. Aussie was
last at $0.7854.