--------------(Snapshot at 8:02 a.m./2102 GMT)-----------------
FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9289 (0.9206) 90-DAY (MAR) 95.52 (95.50) 0.6434 (0.6393) 3-YR (MAR) 94.86 (94.82) 85.86 (85.31) 10-YR (MAR) 94.24 (94.21) 1.2560 (1.2522) US10-YR 3.84 (3.85)
AU$S/Term range *Support *Resistance *RSI-14 *MA-10 *MA-20
*0.8900/9326 *0.9218 *0.9295 *76.887 *0.9058 *0.8981
----------------------------(Jan 11)---------------------------
* Aussie offshore trading range $0.9136-0.9290.
* Aussie strong as the U.S. dollar gave way after disappointing U.S. jobs data cooled speculation U.S. rates may rise sooner than thought. That led investors to favour higher-yielding currencies such as the Aussie.
* Aussie firm at $0.9292, up from $0.9206 seen here late Friday. Also strong on the yen at 85.84, from Friday's 85.31.
* Local dollar continued to rally on the euro, rising to a
26
month high of 0.6436 euros.
* Aussie also supported by very strong trade data from China showing a huge 56 percent annual rise in imports for December .
* Imports of iron ore were up 22 percent for the month and 80 percent for the year, boding well for Australian exporters.
* Australia's private sector TD-MI inflation gauge for December due at 2330 GMT, and could show a slight pick-up in inflation although that is unlikely to influence the central bank's view on interest rates.
* ANZ jobs advertisement data for December also due at 0030 GMT and would offer clues about the health of the labour market before the official jobs report later this week.
* Analysts expect Thursday's official labour report to show 10,000 jobs wee added in December, with unemployment steady at 5.7 percent.
* If the report should prove surprisingly strong, investors are likely to increase bets on the chance of a rate rise at the Reserve Bank of Australia's next policy meeting on Feb. 2.
* Markets are now priced for a 62 percent chance of a
25-basis
point rate rise in February.
* Data showed on Friday U.S. employers cut 85,000 jobs in December, confounding expectations the labour market was finally stabilising.
* The U.S. dollar got walloped on the report, suffering its biggest loss against a basket of six currencies in a month and a half.
* U.S. Treasuries rose as investors pared the chance of an early U.S. rate rise.
* Local bond futures tracked those gains. Three-year futures added 0.03 points to 64.86, and the ten-year contract rose 0.025 points to 94.24.
(Reporting by Koh Gui Qing)
((Guiqing.Koh@ThomsonReuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +61 2 9373 1821))
Keywords: MARKETS AUSTRALIA BONDS/FOREX (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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.
* Aussie offshore trading range $0.9136-0.9290.
* Aussie strong as the U.S. dollar gave way after disappointing U.S. jobs data cooled speculation U.S. rates may rise sooner than thought. That led investors to favour higher-yielding currencies such as the Aussie.
* Aussie firm at $0.9292, up from $0.9206 seen here late Friday. Also strong on the yen at 85.84, from Friday's 85.31.
* Local dollar continued to rally on the euro, rising to a
26
month high of 0.6436 euros.
* Aussie also supported by very strong trade data from China showing a huge 56 percent annual rise in imports for December .
* Imports of iron ore were up 22 percent for the month and 80 percent for the year, boding well for Australian exporters.
* Australia's private sector TD-MI inflation gauge for December due at 2330 GMT, and could show a slight pick-up in inflation although that is unlikely to influence the central bank's view on interest rates.
* ANZ jobs advertisement data for December also due at 0030 GMT and would offer clues about the health of the labour market before the official jobs report later this week.
* Analysts expect Thursday's official labour report to show 10,000 jobs wee added in December, with unemployment steady at 5.7 percent.
* If the report should prove surprisingly strong, investors are likely to increase bets on the chance of a rate rise at the Reserve Bank of Australia's next policy meeting on Feb. 2.
* Markets are now priced for a 62 percent chance of a
25-basis
point rate rise in February.
* Data showed on Friday U.S. employers cut 85,000 jobs in December, confounding expectations the labour market was finally stabilising.
* The U.S. dollar got walloped on the report, suffering its biggest loss against a basket of six currencies in a month and a half.
* U.S. Treasuries rose as investors pared the chance of an early U.S. rate rise.
* Local bond futures tracked those gains. Three-year futures added 0.03 points to 64.86, and the ten-year contract rose 0.025 points to 94.24.
(Reporting by Koh Gui Qing)
((Guiqing.Koh@ThomsonReuters.com; Reuters Messaging; guiqing.koh.reuters.com@reuters.net; +61 2 9373 1821))
Keywords: MARKETS AUSTRALIA BONDS/FOREX (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. 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.