Free Trial

USDJPY has begun the week on the.......>

AUSSIE BONDS: USDJPY has begun the week on the front foot and last trades above
107.00 with US index futures also continuing to push higher.
- Focus in Japan today will fall on the BoJ's Rinban operations in the 5-10 Year
sector, with the only domestic economic releases of note being the final
December readings for the leading & coincident indices.
- Barclays suggest that "today could see the firm tone continue around the
super-long end due in part to a break without super-long auctions after USTs
bull-flattened over the weekend. The BoJ will hold buying operations for 5-10y
issues and also likely for -1y issues and floaters. This week's highlights
include a 2y auction on Tuesday, the BoJ's JGB buying operation plans for March
on Wednesday and a 10y auction on Thursday. We expect the BoJ to keep its
purchasing ranges unchanged across all sectors."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



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.