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Chinese Media Looks To Placate Equity Worry

EUROSTOXX50 TECHS

(U1) Holding Onto Gains

BTP TECHS

(U1) Needle Still Points North

ASIA RATES

China Repo Rates Creep Higher

GILT TECHS

(U1) Still Needs To Tackle Recent Highs

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After a positive day on Friday oil has added to gains to start the week, breaking above Friday's highs. WTI is up $0.32 from settlement at $71.23/bbl while Brent is up $0.32 at $73.01/bbl. Crude futures rose just shy of 2% last week as markets assessed positive demand cues from the US and Europe. This week focus will fall on talks over the Iran nuclear deal ahead of an Iranian election on June 18.