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Continued upside traction in Equities and Yields

CROSS ASSET
  • Continued bounce higher in Equities with Estoxx at session, and VGH3 was trading around 4234.00 into the cash Govies open yesterday, will be the next area of interest.
  • Emini (ESH3) has already reversed Yesterday's post EU Cash sell off.
  • Next upside resistance will be seen at the 3941.75 area.
  • EGBs and Treasury Yield are seeing higher follow through, helping USDJPY through another high, with next immediate resistance in USDJPY coming at 134.95 20-day EMA.

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