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Equities and Bonds unwind

CROSS ASSET
  • Some unwind off the highs in Equities and Govies, locking profits, with the focus slowly turning towards the ECB.
  • VGH4 drifts to session low, Bobl and Schatz were sold in over 5k respectively, and BTP in 1.2k.
  • These flow were pre top of the hour, and downside pullbacks in Govies and Equity futures lack traction.
  • Support in VGH4 is seen at 4594.00.

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