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MYR

Firmer Start

FOREX

AUD Leads G10 Pack, Volatility Subdued

US TSYS

Marginally Cheaper Early On

AUSSIE BONDS

YM Nudges Lower On Lack Of YCT Purchases

RBA

ACGB Purchase Offer Details

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ANZ note that Assistant Governor Hawkesby's earlier address "stressed that in times of uncertainty, a measured policy approach is appropriate - the adaptable approach of the white heron (kōtuku), rather than a 'hawk' (kahu) or 'dove' (kererū). We never thought a 50bp move was a likely start to the hiking cycle; this confirms it. Our OCR forecast is unchanged, with 25bp hikes to come in October and November, with steady hikes thereafter taking the OCR to 1.5% by August next year."