EUR: EURNOK highest since November 2020
Jan-05 14:45
- EURNOK eye a test to 10.80, and trading at its highest level since 16/11/20.
- A clear break through the latter, would see next upside target at the 10.8646/10.8782 area.
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GILT PAOF RESULTS: GBP562.500mln of the 1.125% Jan-39 gilt sold
Dec-06 14:43
- A total of GBPY562.5mln had been available.
- This leaves GBP17.63bln of the gilt in issue.
CANADA: MNI BoC Preview: Touch And Go, Watch Terminal Talk
Dec-06 14:41
- The BoC is seen hiking either 25bp or 50bp on Wednesday in a very close call, with analysts in the Bloomberg survey fractionally leaning towards a 50bp hike and OIS pricing 32bps.
- As always with non-MPR meetings, there is likely further detail from Dep Gov Kozicki speaking Thursday which could either firm or alter the initial market reaction.
FULL REPORT: https://marketnews.com/mni-boc-preview-touch-and-go-for-another-downshift-watch-terminal-talk
US: Australia: AUSMIN To Highlight Deepening Military And Economic Ties
Dec-06 14:26
US Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin will host their Australian counterparts at the Department of State today for the 2022 Australia-U.S. Ministerial (AUSMIN).
- Blinken, Austin, Australian Foreign Minister Penny Wong, and Australian Defence Minister Richard Marles will hold a joint press conference at 15:45 ET 20:45 GMT.
- The US-Australian bilateral relationship has seen a deepening in recent years with military collaboration within AUKUS (Australia, UK, US) and diplomatic alignment within the QUAD (United States, Australia, Japan, and India) positioning Australia as a fulcrum to US strategy in the Indo-Pacific region.
- The US National Security Council’s Indo-Pacific coordinator Kurt Campbell said this year, “moving forward, everything we do of consequence in the Indo-Pacific, we will do with Australia.”
- According to CSIS, the agenda will encompass: How to deepen ties with Japan, South Korea, and India; define strategy on the Pacific Islands and Southeast Asia; and how to manage tensions in the Taiwan Strait.
- CSIS recommends: "Against the backdrop of a deteriorating security landscape in the Indo-Pacific, the United States and Australia need to continue to modernize their warfighting capabilities in preparation for a possible future military conflict."
