Asia Day Ahead: RBA Rate Decision on Watch, AUD/NZD below key support

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Asia Day Ahead: RBA Rate Decision on Watch, AUD/NZD below key support
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Another push higher in Treasury yields kept risk sentiments broadly in check, as the US 10-year yields surged to touch another new high since 2007.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oct 3, 2023Oct 2, 20232023-10-02 14:38:54Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: -0.59% Oil -...Another push higher in Treasury yields kept risk sentiments broadly in check, as the US 10-year yields surged to touch another new high since 2007 at 4.68%.

All eyes will be on whether the recent upmove in Australia’s August inflation will be sufficient to prompt a more hawkish stance from the central bank, with the RBA likely to keep the option open for “further tightening of monetary policy” – a stance that could be largely unchanged from previous statements.

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