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EGBs and Equities push higher

CROSS ASSET
  • Bund test new intraday high on the Reuters sources piece, which has also benefitted Estoxx somewhat, but a far more subdued reaction in FX.
  • Again, flow looks to more Fast Money driven (Prop desk, Locals), given the lack of notable order flows and clear direction bias, while heavy European supply and corporate issuance could keep the lid on Govies at least in early trade.
  • Small resistance in Bund moves down to 135.85.
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