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Bear steepening

BUNDS

Bund stays heavy on the cash open, as Equities find buyers, Estoxx and S&P are through the session high.

  • Curve move steeper
  • This has kept USD offered and Gold bid.
  • Today sees very little in terms of data, with EC CPI, but final reading here.
  • Speaker: ECB Guindos and Schnabel
  • ALL EYES on BoE today, while focus remains squarely on Brexit and US stimulus

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