Jun 29, 2015 20:52 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond (futures) yields followed the US, rising from 2.00% to 2.11%, while the 10yr rose from 2.94% to...
Jun 29, 2015 20:51 pm UTC| Commentary
Westpac Research notes:The US 10yr treasury yield yesterday fell 18bp to 2.29% in initial response to the Greek news, which is what one would have expected a safe-haven instrument to do. However, the ensuing price action...
Jun 29, 2015 20:50 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Stabilised with nearby support at 1.1115.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ is currently in easing mode. Expected RBA vs...
Jun 29, 2015 20:49 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Made a fresh five-year low yesterday at 0.6787 but remains vulnerable on the downside.NZD/USD 1-3 month: Our next major target is 0.6560 which was a major low in May 2010. The two main...
Jun 29, 2015 20:48 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Bounced off a bearish neckline at 0.7615 yesterday but remains vulnerable. The 0.7600 area will be closely watched during the days ahead.AUD/USD 1-3 month: Eventual resumption of the...
Jun 29, 2015 20:47 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.18% while the 10yr should open around 3.32%.AU swap yields 1-3 month: The 2yr is eking a sideways range of 2.05%-2.30%, while the 10yr should...
Jun 29, 2015 20:47 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the US bond yield movement overnight, the NZ 2yr swap rates should open 1bp higher at 3.08%, while the 10yr should open 2bp higher at 3.88%.NZ swap yields 1-3 month: Short...