Gold is 0.2% lower in today’s Asia-Pac session, after closing 0.8% lower at $2390.82 on Tuesday.
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In early afternoon trading, JGB futures are holding weaker, -17 compared to the settlement levels.
RBNZ dated OIS pricing is slightly mixed across meetings today. A cumulative 35bps of easing is priced by year-end.
Figure 1: RBNZ Dated OIS Pricing (%)
Source: MNI – Market News / Bloomberg