--------------(Snapshot at 8:18 a.m./2118 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9072 (0.9028) 90-DAY (DEC) 95.81 (95.80) 0.6140 (0.6133) 3-YR (DEC) 94.86 (94.83) 81.48 (81.40) 10-YR (DEC) 94.62(94.575) 1.2361 (1.2379) US 10-YR 3.39 (3.39)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8900/9100 *0.8875 *0.9130 *71.726 *0.8877 *0.8782
----------------------------(Oct 13)---------------------------
* Australian dollar offshore range $0.8985-0.9082
* Aussie climbs to trade near 14-month highs, boosted by optimism that company earnings in the U.S. will beat expectations and keep appetite for riskier assets and higher-yielding currencies bouyant.
* Some of the big corporate names scheduled to post earnings this week are Intel Corp and Johnson & Johnson on Tuesday, JP Morgan Chase on Wednesday, and Goldman Sachs and IBM on Thursday..
* If earnings beat Wall Street expectations, risk appetite should remain supported and see the Aussie test fresh highs. Against the yen, the Aussie was strong near two-month highs , trading at 81.46 yen, up from 81.40 yen late on Monday.
* Oil and other commodity prices were higher, lifting the benchmark S&P 500 index to its highest close in a year. Oil jumped over 2 percent while copper also moved up.
* In the domestic data calendar, National Australia Bank's September business confidence survey will be released at 11:30 a.m. (0030 GMT). Given the pick up in global economic activity, both business conditions and confidence are set to improve.
* That would support expectations of further rate hikes in coming months. Investors are fully pricing a 25-basis-point rate rise in November. Last week the the Reserve Bank of Australia lifted its cash rate by a quarter percentage point to 3.25 percent.
* Australian bond futures were higher, on bargain hunting with little clues from U.S. Treasuries where the market was shut for a holiday. Three-year bond futures were indicated
0.02 points higher at 94.86 while the 10
year contract added 0.035 points to 94.620.
(Reporting by Anirban Nag; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: MARKETS AUSTRALIA BONDS/FOREX (anirban.nag@thomsonreuters.com; Reuters Messaging; anirban.nag.reuters.com@reuters.net; +61 2 9373 1871) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Australian dollar offshore range $0.8985-0.9082
* Aussie climbs to trade near 14-month highs, boosted by optimism that company earnings in the U.S. will beat expectations and keep appetite for riskier assets and higher-yielding currencies bouyant.
* Some of the big corporate names scheduled to post earnings this week are Intel Corp and Johnson & Johnson on Tuesday, JP Morgan Chase on Wednesday, and Goldman Sachs and IBM on Thursday..
* If earnings beat Wall Street expectations, risk appetite should remain supported and see the Aussie test fresh highs. Against the yen, the Aussie was strong near two-month highs , trading at 81.46 yen, up from 81.40 yen late on Monday.
* Oil and other commodity prices were higher, lifting the benchmark S&P 500 index to its highest close in a year. Oil jumped over 2 percent while copper also moved up.
* In the domestic data calendar, National Australia Bank's September business confidence survey will be released at 11:30 a.m. (0030 GMT). Given the pick up in global economic activity, both business conditions and confidence are set to improve.
* That would support expectations of further rate hikes in coming months. Investors are fully pricing a 25-basis-point rate rise in November. Last week the the Reserve Bank of Australia lifted its cash rate by a quarter percentage point to 3.25 percent.
* Australian bond futures were higher, on bargain hunting with little clues from U.S. Treasuries where the market was shut for a holiday. Three-year bond futures were indicated
0.02 points higher at 94.86 while the 10
year contract added 0.035 points to 94.620.
(Reporting by Anirban Nag; Editing by Jonathan Standing) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) Keywords: MARKETS AUSTRALIA BONDS/FOREX (anirban.nag@thomsonreuters.com; Reuters Messaging; anirban.nag.reuters.com@reuters.net; +61 2 9373 1871) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.