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Bund sees better selling on the open....>

MARKET TALK
MARKET TALK: Bund sees better selling on the open once again. It has been the
trend so far this week. This is providing an underlying into Equities, with
Estoxx (VGM0) hovering near the high of the day.
-EURUSD looks to further extend gains, as well as EURCHF.
*Today sees another round of PMIs (Composite & services, some will be Final
readings), but also some focus on the German Bobl tap, when Germany Sells EUR 4
Bln of 0% 2025 Bonds, which should keep the upside in check in that part of the
curve, into the bidding deadline.

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