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A busy day on the data front

BUNDS
  • A peculiar 15 ticks drop in Bund, with no real trigger, besides Estoxx finding a small bid.
  • Regardless the contract stays within the overnight range during the cash open.
  • Risk remains tilted to the upside, but we have a very busy day on the data front to finish the week/month.
  • CPI and GDP day, which today include, French and EU CPIs, German, Spanish, Italian, and Portugal GDPs.
  • Out of the US, PCE deflator, MNI Chicago PMI, Michigan, and Canadian GDP SPEAKERS: Fed Bullard on US economy

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