Jul 08, 2015 20:52 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields ranged between 1.83% and 1.89%. The 10yr yield ranged between 2.77% and...
Jul 08, 2015 20:52 pm UTC| Commentary
Westpac Research notes:The US 10yr treasury yield ranged between 2.18% and 2.25%. A 10yr auction saw strong demand and was awarded at 1bp below pre-auction yield. The FOMC minutes were upbeat on the US economy but...
Jul 08, 2015 20:51 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: The reversal which started on 2 July has the potential run much lower. We target 1.0915 (3 June minor peak) during the days ahead, the sharp fall in iron ore prices plus Chinas...
Jul 08, 2015 20:50 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: The multi-month downtrend remains intact, but this minor bounce could run to 0.6800 today.NZD/USD 1-3 month: Our next major target is 0.6560 which was a major low in May 2010. The two...
Jul 08, 2015 20:49 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: The selloff remains intact and should extend below 0.7370 during the next few days.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during...
Jul 08, 2015 20:48 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.07% while the 10yr should open around 3.13%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...
Jul 08, 2015 20:47 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given unchanged US bond yields overnight, the NZ 2yr swap rate should open unchanged at 2.93%, while the 10yr should also open at 3.72%.NZ swap yields 1-3 month: Short maturity...