Debt Markets

Debt Market Research focuses on providing analysis on the outlook for interest rates. The focus is not only on the level of interest rates across markets, but also the relative movement of rates across the interest rate curve and derivative products. Key internal clients include Sales, Trading, Corporate Risk Solutions, Institutional Banking and other areas of research. Key external clients include financial institutions and large corporations.

Head of Debt Research
Interest Rate Strategist
Quantitative Research Analyst
Senior Development Analyst

Adam Donaldson
Jarrod Kerr
Tally Dewan
Aaron Ball

02 9312 2841
02 9312 4118
02 9312 4614
02 9312 7098

adam.donaldson@cba.com.au
jarrod.kerr@cba.com.au
tally.dewan@cba.com.au
aaron.ball@cba.com.au

28 August 2008 - AEST 8.30am - USD ended European and US sessions only modestly firmer from the Asian close - Euro eased from levels around US$1.4775 in European trade to around US$1.4670 ending US trade near US$1.4730 - AUD fell from highs of US86.35c to US85.35c ending US trade near US85.85c - JPY weakened from 108.70 yen per US dollar to JPY109.90 ending at JPY109.50 - US share markets posted solid gains on Wednesday investors comforted by solid business spending data - The Dow Jones index rose by almost 90pts or 0.8pct - The Nasdaq lifted by 20pts or 0.9pct - Trading in Fannie Mae was halted and an announcement was made - US 10yr yields eased 1pt to 3.77pct while US 2yr yields fell by 4pts to 2.29pct - The September Nymex crude oil quote rose by US$1.88 or 1.6pct to US$118.15 - London Brent rose by US$1.59 to US$116.22 a barrel - base metal prices posted solid gains on the London Metal Exchange on Wednesday - The price of gold was also higher on Wednesday benefiting from a renewed investor push into commodities.

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