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A busier day ahead

BUNDS
  • Although off yesterday's low, Bund remains near the lower part of yesterday's range.
  • There's continued divergence between Europe and the US in the past few sessions, EGBs and Euribor trade in the red, while Treasuries and Eurodollar are in the green.
  • Support in Bund is seen at 141.48, and small resistance moves down to 142.03.
  • A busier session for today, BoE/Ipsos Inflation next 12 Months, EU TLTRO repayment (at 11.05GMT), US PPI and Prelim Michigan.
  • US Wholesale Inventories will be final reading.

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