Asian Stocks Rise as Investors Brace for Fed Rate Decision 
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease 
Oil Prices Fall as U.S. Crude Inventories Rise, Middle East Risks Persist 
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike 
Asian Stocks Steady as AI Shares Rebound Ahead of Fed Decision 
Add as a preferred source on Google
The Australian government bonds remained tad higher during Asian session of the first trading day of the week Monday as investors remained side-lined amid muted hours that witnessed data of little economic significance.
However, the disappointment from China’s gross domestic product (GDP) for the third quarter of this year, further weighed on bond yields.
The yield on Australia’s benchmark 10-year note, which moves inversely to its price, slipped 1 basis point to 1.141 percent, the yield on the long-term 30-year bond edged 1 basis point down at 1.728 percent and the yield on short-term 2-year too traded 1 basis point lower at 0.794 percent by 05:25GMT.
Global risk sentiments were dented by China’s disappointing Q3 GDP growth print of 6.0 percent y/y and warnings of a weak global growth prognosis at the IMF-World Bank annual meetings on Friday, OCBC Treasury Research reported.
U.S. President Donald Trump also backpedalled on his plan to host the 2020 G7 meeting at his Trump National Doral resort in Miami amid widespread criticism, the report added.
"Asian markets may be off to a shaky start this week, as fluctuating optimism about US-China trade progress and Brexit extension hopes battle with weak economic data," OCBC further commented in the report.
Meanwhile, the S&P/ASX 200 index traded tad 0.23 percent up at 6,618.50 by 05:30GMT.
