AUD: A$ Near 50-day EMA Support On Broad USD Gains, Bullock Before Parliament
Jun-03 21:36
The A$ lost just over 0.70% for Wednesday's session, the third worst performer in the G10 space (onl...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
GLOBAL POLITICAL RISK: Saudi Arabia Urges Restraint Amid Escalation Risks
May-04 21:27
"SAUDI ARABIA URGES RESTRAINT, BACKS PAKISTANI MEDIATION AMID REGIONAL ESCALATION - FOREIGN MINISTRY STATEMENT - [RTRS]"
"SAUDI ARABIA STRESSES IMPORTANCE OF RESTORING NORMAL NAVIGATION IN STRAIT OF HORMUZ - FOREIGN MINISTRY STATEMENT - [RTRS]"
ASIA: Coming Up In Asia Pac Markets On Tuesday
May-04 21:08
| 0000BST | 0700HKT | 0900AEST | Australia Apr F S&P Global PMI Services |
| 0200BST | 0900HKT | 1100AEST | New Zealand Apr ANZ Commodity Price |
| 0230BST | 0930HKT | 1130AEST | Australia Mar Household Spend |
| 0530BST | 1230HKT | 1430AEST | RBA Cash Rate |
| 0530BST | 1230HKT | 1430AEST | RBA Statement On Monetary Policy |
| 0630BST | 1330HKT | 1530AEST | RBA Governor Media Conference |
Source: Bloomberg Finance L.P./MNI
US TSYS: Sentiment Sours on Middle East Tensions, Cease Fire Tested
May-04 19:33
- Treasuries look to finish weaker Monday, early headlines reporting UAE intercepted missiles saw Treasuries extending session lows with equities and gold while crude and the US$ gained (BBDXY +1.70 at 1195.08). WTI crude, June contract trades around $105.22/bbl; stocks decline: DJIA -1.05%, SPX & Nasdaq -.%-.4%.
- BBC reported an unnamed Iranian military source has warned that all United Arab Emirates interests could become legitimate targets if Abu Dhabi takes action against Iran, the IRGC‑linked Tasnim News Agency reported on 4 May.
- TYM6 currently -13 at 110-07.5 vs. 110-00.5 low, continued weakness would expose the bear trigger at 109-24, the Mar 27 low. Clearance of this support would confirm a resumption of the downtrend.
- Robust volumes (TYM6 over 1.7M) given Japan out for national holiday, much of Europe too for spring holiday. Projected rate pricing inches hawkish vs. late Friday lvls (*): Jun'26 at -0.7bp (-1.9bp), Jul'26 at -1.6bp (-2.9bp), Sep'26 at -0.5bp (-2.9bp), Oct'26 at +3.4bp (-3.4bp), Dec'26 +8.1bp (-1.3bp). April 2027 rises to near +20bp late Monday.
- U.S. monetary policy is "well positioned" to balance rising risks to the Federal Reserve's maximum employment and price stability goals from tariffs, supply chain disruptions and heightened uncertainty from the Iran war, New York Fed President John Williams said Monday.
- The U.S. Treasury Department on Monday announced it expects to borrow USD189 billion in privately held net marketable debt in the second quarter, USD79 billion more than previously announced in February due to lower projected cash flows. Officials expect to borrow USD671 billion in the third quarter.
