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Equities and Bond futures are under pressure

CROSS ASSET
  • Emini and Estoxx hovers near their sessions low, following a big Empire mfg beat, coming at 10.8 vs -18 consensus, and Govies are still trading heavy, although seeing some dip buying in the past couple of minutes.
  • In FX, on the other hand, the USD is now mostly in the green against G10 benefitting from US the data.

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