AUD: Broader base selling

Apr-06 13:34
  • UDUSD now eye Monday's low at 0.6651, but better will be seen at 0.6625 for support.
  • Main support area is still at 0.6565, the March low and the lowest print since the 10th November.
  • AUD is also at session low against the EUR and JPY.

Historical bullets

US TSY FUTURES: Bonds Extending Highs

Mar-07 13:26

Bonds jump bid last minute, USM3 125-23 (+1-03) high, 30YY 3.8493% low. No obvious headline driver or block/cross. Markets on point for any pre-testimony release from Fed Chairman Powell.

EUR: EURSEK test resistance

Mar-07 13:24
  • EURSEK test through initial resistance, that was at 11.2290, the 17th February high.
  • Further upside continuation, opens to 11.2695, the very short term 61.8% retrace of the February fall.

PIPELINE: $2B African Development Bank (AFDB) 5Y SOFR Launched

Mar-07 13:16
  • Date $MM Issuer (Priced *, Launch #)
  • 03/07 $2B #African Development Bank (AFDB) 5Y SOFR+33
  • 03/07 $Benchmark Islamic Development Bank (ISDB) 5Y Sukuk SOFR+57
  • 03/07 $Benchmark Nordic Inv Bank (NIB) 5Y