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A busy day ahead

BUNDS
  • Bund is pretty much back to where it was trading before the lower revised 2nd readings for US GDP and PCE Yesterday, was trading circa 131.97.
  • Support at 131.70 held, printed a 131.78 low Yesterday.
  • Resistance moves down to 132.48, followed by 132.87.
  • A busy day on the data front, with French, Italian, Portugal, EU prelim CPIs, French final GDP, and out of the US, US IJC/PCE core deflator, MNI Chicago PMI.
  • ECB Publishes Account of July meeting.
  • SPEAKERS: ECB Schnabel, Guindos, BoE Pill, Fed Bostic, Collins.

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