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EU IP and US Michigan in focus

BUNDS
  • Bund remains heavy overnight, with 10yr Yield back towards 1%, printed 0.99% high yesterday, and a 155.28 low print in Future, 155.27 overnight.
  • Support in Bund is at 155.00, followed by 154.75.
  • Resistance moves down to 156.04.
  • Today sees French and Spanish final CPIs, EU IP, but more focus on the US Prelim Michigan this afternoon.

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