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Bonds and Equities extend gains

CROSS ASSET
  • A set of buying orders in Treasuries, TYA in 3k and USA in 1k, drags Bund to the next resistance noted at 132.91, testing through now.
  • In FX, the EUR and the Pound have fully reversed the PMIs falls, and are instead led by the Dollar coming under pressure as Equities gapped higher overnight, after Nvidia surged in extended trading as the company delivered stronger than expected sales for the 3rd straight quarter.
  • Estoxx futures eye next immediate resistance at 4319.00.

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