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STIR

Effective Fed Funds Rate: Bounce Back

JPY

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BONDS

US and Germany at session highs

EQUITIES

Stock Markets Drifting Ahead of Opening Bell

US TSY OPTIONS

Post-Open Downside Insurance

TURKISH LIRA
TURKISH LIRA: As always, the TRY is on the move once more, rallying through the
earlier highs to touch Try 4.7881 against the USD as the pair continue to erase
the TRY's gains post-rate hike yesterday. Rate needs to climb a further 2.9% to,
once again, touch alltime highs.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com