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Drifts back towards the lower part of the range

EQUITIES

Estoxx back at session low, keeping the lid on Bund.

  • Fairly correlated so far this morning (ie reflation), with contracts moving in similar direction.
  • Support in Bund is seen further out at 168.59 Low May 13.
  • But price action may be somewhat limited ahead of US data, going into the weekend


Chart source: Bloomberg

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