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イギリス2029年国債オークション

The S&P/NZX 50 Index rose 0.4% to around 13,606 on Tuesday, advancing for the eighth consecutive session to close at an all-time high, driven by strength across most key stocks. Leading the gains were utilities, including Meridian Energy (+1.5%), Contact Energy (+1%), and Mercury NZ (+1.2%). Other notable performers included Fletcher Building (+1.8%), Ventia Services (+2.2%), Skellerup Holdings (+1.7%), and Vulcan Steel (+2.2%). The commercial services sector also performed strongly, rising 3.6%. On the data front, traders now await the Q3 labor market report later this week, with the unemployment rate expected to reach a nearly nine-year high, which could further strengthen the case for monetary easing from the Reserve Bank. Elsewhere, subdued manufacturing data from top trading partner China raised risks for Kiwi exports, exerting some downward pressure.

New Zealand Shares Closes at Record High

Australia’s 10-year bond yield rose to around 4.35%, reaching its highest level since October 10th, after the RBA held rates steady as expected and cautioned that inflationary pressures remain elevated. The decision was made unanimously by policymakers, who noted that the hotter-than-expected inflation report last week suggests slightly stronger underlying inflation risks than previously thought. Private demand also showed signs of recovery, while the labor market remained somewhat tight and rising house prices added to reasons for caution. Investors have largely abandoned expectations for a near-term rate cut, with markets now assigning only a 10% probability to a December move. A cut to 3.35% is no longer fully priced in, suggesting the RBA’s easing cycle may have already run its course. Yields also tracked higher in line with the US, after Federal Reserve officials signaled caution over further interest rate cuts.

AUS 10Y Yield Hits 4-Week High After RBA Hold

The Indian rupee edged higher around 88.5 per USD, attempting to recover from all-time lows, likely supported by central bank measures. The Reserve Bank of India intervened again to support the currency, focusing on offshore and derivative markets, while thin local liquidity amplified the impact. State-run banks contributed by selling dollars on the central bank’s behalf, reinforcing the RBI’s defense of the 88.80 level, as seen in previous months. Market sentiment remains anchored on the central bank preventing a move past this level, with any signs of weakness expected to trigger rapid repricing. The modest rebound highlights the RBI’s ongoing role in stabilizing the currency amid persistent dollar demand and broad dollar strength. The rupee has also struggled since steep US tariffs on Indian exports were imposed in late August, keeping the currency pinned near record lows in recent sessions.

Rupee Attempts Recovery on Likely RBI Support

The yield on the US 10-year Treasury note held at three-week highs around 4.1% on Tuesday as Federal Reserve officials signaled a cautious approach to further interest rate cuts. Fed Governor Lisa Cook acknowledged increasing labor market risks but stopped short of supporting a December cut, while Chicago Fed President Austan Goolsbee said inflation remains his main concern. Their remarks followed last week’s rate cut, after which Fed Chair Jerome Powell warned that another move in December is not assured. Markets now see about a 65% chance of another cut next month, down from 94% a week earlier. Meanwhile, the latest ISM Manufacturing PMI showed a deeper-than-expected contraction and cooling price pressures. Investors now look to the ADP employment and Challenger job cuts reports for further insight into labor market conditions.

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最新ニュース

New Zealand Shares Closes at Record High

AUS 10Y Yield Hits 4-Week High After RBA Hold

Rupee Attempts Recovery on Likely RBI Support

US 10-Year Yield Holds at 3-Week High

近日の事件

ユーロ圏ECBラガルドのスピーチ

フランス予算残高

ユーロ圏ECBラガルドのスピーチ

イギリス2029年国債オークション