Aussie Bond Futures Leave Triple Bottom Intact on Jobs: Charts
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Australia 10-year bond futures bouncing from 97.290-295 triple bottom area after October employment change came in lower than estimated, writes Bloomberg strategist Mark Cranfield.
Alert: HALISTER1- Futures now up 4.5 ticks to 97.435; click here for chart
- Support: 97.290, Nov. 15 low
- Momentum studies in oversold territory
- Rate cut probability for December now 4%, according to OIS pricing
- NOTE: Mark Cranfield is an FX strategist who writes for First Word. The observations he makes are his own and are not intended as investment advice.
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283