[MARKET ANALYSIS] T-note futures paused after gaining yesterday as oil declined, while price action is contained as overnight cash treasuries trade is shut again due to the Tokyo holiday

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[MARKET ANALYSIS] DXY is rangebound but holds on to the prior day's mild gains amid expectations for another rate hike this year

G7 issued a statement on the Middle East which noted the situation is Yemen poses unacceptable threat to the stability and security in the region and to global energy security

[MARKET ANALYSIS] T-note futures paused after gaining yesterday as oil declined, while price action is contained as overnight cash treasuries trade is shut again due to the Tokyo holiday

Alibaba (9988 HK) unveils Zhenwu V900 chip which it says is the most powerful in China with three times performance of predecessor, Co. targets 20GW of data centre capacity by 2032 and Qwen team plans to train new model at scale of 5tln-10tln parameters

RBNZ Governor Breman says near-term inflation expected to be somewhat higher if elevated oil prices persist, adds remains focused on inflation outlook ahead of the October policy decision

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USTs: -0.5 ticks

  • T-note futures take a breather following recent gains and amid a quiet calendar, while the latest comments from Fed speakers did little to shift the dial. Price action is also contained ahead of incoming supply and with the closure of overnight cash treasuries trade as Tokyo markets remained shut for holidays.

Bunds: -12 ticks

  • Marginally pulled back after advancing yesterday as yields and oil prices declined, while participants await ECB speakers, as well as Bobl and Bund issuance scheduled over the next couple of days.

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