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Bund futures higher on NRW CPI data - but seeing volatility

GERMAN DATA
  • Bund futures having a bit of a volatile time. Around 132.44 pre-data to hit a high of 132.67 and now back around 132.55 at the time of writing.
  • Expectations for the national print are for -0.1%M/M and +3.5%Y/Y - so this appears to be a weak print at first glance.

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