Free Trial
US TSYS

Post-Data

EUR

Under small pressure

SCHATZ TECHS

(U2) Bull Cycle Extends

US TSY OPTIONS

BLOCKs, 10Y Call Condor

EURIBOR OPTIONS

Put spread buyer

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
AUSSIE
AUSSIE: The break back under $0.7700 triggered fresh supply from momentum-type
accounts to $0.7697 (200-dma) before fading. The Asia low provides next support
at $0.7673, more techs at $0.7648/40 (Nov1, Oct27 low). Optional-expiry interest
also a worthy reminder for today's NY cut at $0.7700 ($1.49bn). Looking further
ahead is tomorrow's Australian Retail Sales release at 0030GMT. RBC note the
September number will include both the monthly turnover figure and Q3 volumes,
adding "our economists are monitoring it to judge the strength of real
consumption, which is a key input into Q3 GDP forecasts (6 Dec). An unexpected
soft Q3 CPI print may temper the impact on volumes given particular weakness in
food, clothing and footwear sub-component prices. RBC see "the quarterly
deflator at -0.6%, boosting our Q3 volume measure of retail turnover to a still
modest 0.4%."

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.