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Late Equity Roundup: Mildly Lower on Week


Remains Above The 50-Day EMA

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  • Local & USD bonds open firmer this morning following multiple successive sessions of sustained selling pressure as geopolitical risk premia build in Russian assets.
  • OFZs trade -6-10bp firmer this morning with 2 & 7Y tenors outperforming.
  • Signs of talks with Blinken on Friday have soothed markets lightly but uncertainty remains elevated and markets are erring on the side of caution with Russia-Belarus military drills on the horizon.
  • Credit default swaps have stalled around the 200 mark, however, awaiting written responses from the West.
  • Weekly CPI will be eyed this afternoon for signs of sustained proinflationary pressures in Jan.
MNI London Bureau | +44 020-3983-7894 |
MNI London Bureau | +44 020-3983-7894 |

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