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Bunds move to their lows of the day,...........>

EURO
EURO: Bunds move to their lows of the day, peripheral spreads tighten and EURUSD
approaches 1.11 following the French PMI data.
- Like we said above, although the export component brings hope for a
better-than-expected German print, there has been some divergence with the
French data recently as French confidence rebounds following the gilets jaunes
protests ending.

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