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- Estoxx is seeing a mixed price action.
- Market is 18.00/18.25 (settled at 18.25).
- VGZ1/VGH2 trades at 18 in 10k, and then bought for 18.25 in 10k
- As expected with US CPI Friday and all the CBs next week as well as expiry on the 17th, these should start to pick up.
- A third of the front Month December volume is spread related.
- The Dec/March spread has edged higher this month, from a 16.75 low at the end of November, to a 18.75 high on the 6th December