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A fairly subdued start for the..........>

MARKET TALK
MARKET TALK: A fairly subdued start for the European open, with Bund in a fairly
tight range, albeit better bid, in the first 20 minutes of trading. Expect more
spread action in Gilts and Treasuries today, with nothing of note on the data
front.
**Once again some close attention on Equity price action, with Estoxx (VGM0)
trading above 3000, and the contract eyeing that upside big gap at 3058-3113. 
-Immediate resistance is seen at 3020.00 initially.
*In FX: Small better buying of GBP on the open against EUR, USD and JPY, but
nothing big.

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