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Bond drifted lower, USD found a bid

CROSS ASSET
  • A subdued reaction in Bund, as the US Data comes close enough to inline.The contract initially gained 9 ticks but has reversed to push just below the 134.00 figure
  • Across Multi assets, a bit of a delayed reaction but the Dollar now finds a bid and Equities are fading off session high.
  • USDJPY Tests Yesterday's high at 145.55, printed a 145.59 now, now trading back at 145.48.
  • Later today will see MNI Chicago PMI, followed by the Final Michigan, but ALL EYES will now be on the US JOLTs, ADP, IJC and NFP all due next Week.

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