May 20, 2015 20:29 pm UTC| Commentary
Westpac Research notes:US 10yr treasury yields ranged between 2.23% and 2.28%, while the 2yr yield slipped from 0.61% to 0.58%. Fed funds futures are currently pricing the first hike to be in December. German bund yields,...
May 20, 2015 20:28 pm UTC| Commentary
Westpac Research notes:Australian 3yr government bond yields followed the US and fell from 2.14% to 2.07% while the 10yr yield fell from 2.98% to...
May 20, 2015 20:27 pm UTC| Commentary
Westpac Research notes:AUD/NZD 1 day: Stalled in a 1.0740-1.0840 range.AUD/NZD 1-3 month: The RBA will probably remain on hold (albeit with easing risk), while the RBNZ has a conditional easing bias. Expected RBA vs RBNZ...
May 20, 2015 20:26 pm UTC| Commentary
Westpac Research notes:NZD/USD 1 day: Looking for another test of neckline support at 0.7290. A break would be very bearish.NZD/USD 1-3 month: Multi-month, we expect the US dollar uptrend to resume with stronger US data in...
May 20, 2015 20:25 pm UTC| Commentary
Westpac Research notes:AUD/USD 1 day: Lower to 0.7850 initially, the next major target being 0.7790.AUD/USD 1-3 month: Eventual resumption of the strong US dollar trend should weigh on the AUD during the next few months....
May 20, 2015 20:24 pm UTC| Commentary
Westpac Research notes:AU swap yields 1 day: The 2yr should open around 2.14% while the 10yr should open around 3.21%.AU swap yields 1-3 month: Yields are starting to reverse lower with the continuation of the US economic...
May 20, 2015 20:23 pm UTC| Commentary
Westpac Research notes:NZ swap yields 1 day: Given the movements in interest rates in key markets overnight, the NZ 2yr should open down 3bp at 3.35% while the 10yr should open down 1bp at 4.01%.NZ swap yields 1-3 month:...