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Bund remains under some pressure in the first hour of trading, and decent volumes have gone through, as Equities finds a bid.
- Overnight US Kudlow said that "trade deal is fine" and that China is increasing American good purchase.
- Bund is seeing over 100% in volumes for this time of the day.
- Focus on the data front turns to the Italian, Portuguese CPIs and EU IP.
- For supplies, Germany comes to market on Wednesday for a tap of EUR4bn. On offer is the 0% Aug-30.