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A range bound start for Govies, with....>

MARKET TALK
MARKET TALK: A range bound start for Govies, with the long end strip better bid,
as Equities trades heavy, on US-China relation concerns. 
Some investors have started to initiate rolls into Sep expiry, taking advantage
of the lack of direction in the markets yesterday.. Should expect to see more
today.
**FX: USD is bid against all majors, again on the China concerns, beside the
TWD, which is holding just above water. 
-For the Scandies, could be a fairly light session, given Ascension day, but
risk will likely be tilted to the downside for the currencies on thin liquidity
and the Risk aversion.

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