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EGBs and European Equities dip lower

CROSS ASSET
  • European Govies and Equities are all dipping lower, given the fairly low Volumes in Bonds, moves could be exacerbated by the lower liquidity, as well as supply potentially limiting early upside.
  • Regardless, most contracts still trade well within Yesterday's range in Govies at least.
  • In Equities, Estoxx futures (VGU4) has broken through Yesterday's low, with small support moving up to the 4959.00 area, although most will be watching the 4903.00 level, Low Jun 14 and the bear trigger.
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