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MNI BRIEF: Investors Increasingly Eyeing Fiscal Policy -ECB VP

CANADA OCT FLASH RETAIL SALES +0.8%

MNI China Daily Summary: Friday, Nov 24

EZ/UK Bond Supply Calendar: EU-Bond Auct / BOE APF Op Monday

MNI: US NOV FLASH SERVICES PMI 50.8 (FCST 50.4); OCT 50.6

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

Equities fade, USD leans in the green

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  • The Dollar is closer to flat against the CHF, SEK, AUD, EUR, while CAD, GBP, NZD and Yen are 0.10% to 0.14% down going into the European session.
  • The NOK is the worst performer, now down 0.39% and off its worst level, following the lower CPI.
  • Risk On has faded since the EU Cash Govie open, Estoxx futures (VGZ3) might be showing in the green, but the contract has still failed to close Yesterday's downside gap, up to 4183.00.
  • This, still remains the first initial retracement level.
  • On the other side of the Atlantic, Emini is also fading into the EU session, but the contract did manage to fully close Yesterday's gap, and still trading above that level today.
  • Next resistance in ESZ3 is seen at 4399.00.
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  • The Dollar is closer to flat against the CHF, SEK, AUD, EUR, while CAD, GBP, NZD and Yen are 0.10% to 0.14% down going into the European session.
  • The NOK is the worst performer, now down 0.39% and off its worst level, following the lower CPI.
  • Risk On has faded since the EU Cash Govie open, Estoxx futures (VGZ3) might be showing in the green, but the contract has still failed to close Yesterday's downside gap, up to 4183.00.
  • This, still remains the first initial retracement level.
  • On the other side of the Atlantic, Emini is also fading into the EU session, but the contract did manage to fully close Yesterday's gap, and still trading above that level today.
  • Next resistance in ESZ3 is seen at 4399.00.