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EGBs are pushing higher

BONDS
  • French PMIs saw a beat for the Manufacturing data, but Services and Composite missed expectations.
  • Bund is through the initial small resistance following the French PMIs, next upside target is still seen at the 131.73 area.
  • Not too far for Estoxx and Yesterday's high at 4305.0, now trading at 4297.00.
  • In rates, ERU3 was bought in over 5k, on the Govie move.

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