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Equities and Bonds

CROSS ASSET

Better buying of Equities, on the hope of vaccines roll outs keeps Bund better offered on the margin.

  • Focus this morning turns to European National manufacturing PMIs.
  • Technically the contract could stay heavy, ahead of a heavy supply week.
  • USD sees downside continuation on the risk on sentiment.
  • Peripheral are moving tighter as Bund test low of the session, with Greece leading at 1.3bps

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