MNI:AUSTRALIA MAY UNEMPLOYMENT RATE +4%

Jun-13 01:30



  • MNI:AUSTRALIA MAY UNEMPLOYMENT RATE +4%
  • MNI:AUSTRALIA MAY LABOR PARTICIPATION RATE +66.8%
  • MNI: AUSTRALIA MAY EMPLOYED PERSONS CHANGE 39.7K
  • MNI: AUSTRALIA MAY F-T EMPLOYED PERSONS CHANGE 41.7K

Historical bullets

US TSYS: Treasuries Steady Ahead Of PPI Later

May-14 01:28
  • It has been a very quiet open for US treasuries here in Asia, ranges have been very tight ahead of US PPI later today. The 2Y in unchanged at 101-21, while the 10Y is down (- 02) at 108-24+.
  • Japan's 20 year yield has risen to 1.755% the highest level since 2013 on speculation the central bank will reduce bond buying again.
  • Cash Treasury curve is little changed this morning, yields are flat to 0.5bp lower, with the 2Y yield -0.5bp at 4.855%, 10Y unchanged at 4.487%.

CNH: USD/CNY Fixing Firms Again, But Remains Below Late April Highs

May-14 01:21

The USD/CNY fixing was 7.1053, against a Bloomberg consensus of 7.2309.

  • Today's fixing saw a -1256pip error term in USD/CNY terms. This was slightly wider than yesterday's outcome.
  • The actual fix ticked higher but is sub late April highs (7.1066).
  • USD/CNH is just under Monday intra-session highs, last near 7.2420. We continue to see the market play the pair from a buy on dips standpoint.

MNI EXCLUSIVE: RBA Outlook Dependent On Labour & Wages Data

May-14 00:58

The RBA could be forced to hike rates again if labour and wages data print stronger than anticipated --On MNI Policy MainWire now, for more details please contact sales@marketnews.com.