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EU Equities extend gains on the Cash open.

CROSS ASSET

European Equities extend gains, as cash catches up with Futures, albeit in limited range.

The move provides some selling into the USD, with the latter at session low against GBP, CAD, NOK, ILS, EUR.

The pound is also seeing broader base buying and at session high versus the EUR, USD and JPY.

Cable test the 1.2300 handle (printed 1.2299 high), with resistance seen at 1.2343 initially.

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