Aussie buoyant near 25-yr peaks vs USD, bonds rise

--------------(Snapshot at 8:10 a.m./2210
GMT)------------------ FOREX (vs Late Sydney) DEBT FUTURES
(Night Session) AUD= 0.9623 (0.9601) 90-DAY YBAc1
(SEP) 92.140(92.120) AUDEUR=R 0.6056 (0.6067) 3-YR
YTTc1 (SEP) 93.200(93.170) AUDJPY=R 101.81 (101.63) 10-YR
YTCc1 (SEP) 93.465(93.435) AUDNZD=R 1.2652 (1.2641) US
10-YR US10YT=RR 3.96 (3.99)
----------------------------------------------------------------
AU$S/Term range *Support *Restance *RSI-14 *MA-10 *MA-20

*0.9330/9670 *0.9450 *0.9670 *58.889 *0.9575 *0.9517
--------------------------(July
3)------------------------------

* Australian dollar's offshore range roughly
$0.9582/$0.9651.

* The Aussie advanced to close to 25-year highs against a
U.S. dollar that had fallen on a report showing the U.S.
private sector shed more jobs than expected in June, reducing
the chances of a rate hike by the Federal Reserve.

* U.S. private-sector employers cut 79,000 jobs in June,
the largest drop since November 2002, compared with a Reuters
forecast which expected a 20,000 drop in non-farm jobs.
[ID:nN02348677].

* Also helping the Aussie's rise were surging commodity
prices. The CRB commodities index .CRB jumped 1.27 percent to
473.52 points on Wednesday, helped by record oil [O/R] and
copper prices. [MET/L]

* But falling stock markets capped gains in the
high-yielding Aussie. Stocks on Wall Street fell on the weak
jobs report and led investors to stay clear of risky carry
trades. The Aussie eased from a high of 102.40 yen to 101.80
yen AUDJPY=R.

* Australia's May trade deficit numbers will be released on
Thursday. A Reuters poll showed market forecasts centred on a
trade deficit of A$900 million ($865 million), seasonally
adjusted. Estimates ranged from a deficit of A$1.89 billion to
a surplus of A$1.5 billion.

* Australian bonds were firmer, taking their cue from a
rise in U.S. Treasuries after the weak jobs data, with falling
stocks also prompting a movement of funds into safe-haven
assets.

Three-year bond futures YTTc1 were indicated 0.03 points
higher at 93.20 while the 10-year bond contract YTCc1 rose by
0.035 points to 93.465.
(Reporting by Anirban Nag; Editing by Jonathan Standing)