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E-minis & Tsy Futures Firm

CROSS ASSET

T-Notes bid & e-minis gapping higher at the reopen. This comes as participants return from the festive break and assess softer than expected official PMI data out of China, continued hawkish ECB speak, speculation surrounding a hawkish inflation forecast shift from the BoJ and the continued fallout from the rollback of China’s ZCS.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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