RBA's Kent says the Bank will take account of financial conditions in deciding on rates

Christopher Kent, Reserve Bank of Australia Assistant Governor (Financial Markets) is speaking this morning in Sydney.

Earlier:

Reserve Bank of Australia's Kent says Australian banks are undeniably strong

Q&A now, Headlines via Reuters:

• We were not involved in the central bank Central bank A central bank is a financial institution that manages a country's monetary policy, and that often also includes issuing and/or monitoring the currency and regulating the money supply. Central banks also typically act as a lender of last resort to banks in times of financial crisis, and may also supervise and regulate banks and other financial institutions. Examples of central banks include the Federal Reserve in the United States, the European Central Bank, and the Bank of Japan.The chief task A central bank is a financial institution that manages a country's monetary policy, and that often also includes issuing and/or monitoring the currency and regulating the money supply. Central banks also typically act as a lender of last resort to banks in times of financial crisis, and may also supervise and regulate banks and other financial institutions. Examples of central banks include the Federal Reserve in the United States, the European Central Bank, and the Bank of Japan.The chief task Read this Term swap operation
• Banking problems are just one of many considerations for monetary policy
• Global banking system lot stronger than a decade ago
• Problems are with a few institutions that were badly mismanaged
• Impact on Australian markets have been modest
• Board will take account of financial conditions in deciding on rates

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If you are just tuning in the big news:

• Early flows into non-USD FX in early Asia after the UBS-CS deal agreed to
• Fed, BoE, BoJ, ECB SNB, BoC to coordinate action to enhance liquidity provision

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US equity index futures Futures Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not known to each other.These transactions usually involve commodities or other securities involving the buying and selling for a forward or predetermined price.Futures also adhere to a delivery date, which specifies the date of delivery and payment. Relative to other forms of investing futures are much more complex, as Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not known to each other.These transactions usually involve commodities or other securities involving the buying and selling for a forward or predetermined price.Futures also adhere to a delivery date, which specifies the date of delivery and payment. Relative to other forms of investing futures are much more complex, as Read this Term are loving the enhanced global USD swap lines. As they should.

ps. I posted an ES chart earlier, this is a better one showing the June contract