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A busy day ahead

BUNDS
  • Bund saw better volume pre cash open, mostly triggered by the German regional NRW CPI beat, with the contract dropping a quick 58 ticks.
  • The contract has since recovered from its lows, but remains in the red on the cash open.
  • Today sees German regional and National CPI, French PPI, Spanish retail sales.
  • And out of the US, Advance GDP and Core PCE.
  • SUPPLY: Italian 10s and a 5yr (equates to combined 41.4k BTP), plus a floating 2030, which won't impact BTP.
  • SPEAKERS: ECB's Visco Speaks.
  • EARNINGS: A big day for earnings, that includes Apple, Amazon and Mastercard.

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