Jun 11, 2015 20:26 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields reversed sharply around noon London, the strong US data doing little to disturb a 2.50% to 2.38% slide. The 30yr auction was strong, awarded at 1bp below market...
Jun 11, 2015 20:25 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Higher today, on residual momentum from yesterdays RBNZ cut. Minor obstacle at 1.1090.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ...
Jun 11, 2015 20:24 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Yesterdays large reaction to the RBNZ cut present fresh bearish implications, the next major downside target 0.6950.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to...
Jun 11, 2015 20:24 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: In a 0.7700-0.7800 range today.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months. The next major downside target...
Jun 11, 2015 20:23 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.18% while the 10yr should open around 3.39%.AU swap yields 1-3 month: The 10yr should continue to rise, following US yields, and targets above...
Jun 11, 2015 20:22 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open 2bp lower at 3.22% while the 10yr should open 4bp lower at 4.12%.NZ swap yields 1-3 month:...
FSR unlikely to have much impact on BoC monetary policy
Jun 11, 2015 19:10 pm UTC| Commentary
The Bank of Canadas biggest worries about financial stability were outlined in this mornings semi-annual Financial System Review. The concerns were broadly similar to what was published in December, but the overall risk to...