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Closed the small gap

BUNDS
  • Very little change for Bund, with the contract trading in a 21 ticks, after closing the small gap down to 131.09 post cash open.
  • Although it trades a touch in the red, Bund stays elevated, albeit short of Yesterday's high.
  • Resistance is at 131.47/131.49, followed by 131.82.
  • Small support moves up to to the 130.81 area, followed by Yesterday's low at 130.49.
  • Today sees, France and Italy final CPIs, BoE/Ipsos Inflation Next 12 Months, US IP, and prelim Michigan.
  • SPEAKERS: ECB Lagarde and Villeroy.

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