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German FI little changed ahead of European.....>

EGBS
EGBS: German FI little changed ahead of European hours; Schatz +1.0, Bobls +3.0,
Bunds unch.
- This comes after yesterday's pullback on the back of the latest instalment in
the Sino-U.S. trade saga. Elsewhere, U.S. President Trump said that he thinks
the U.S. & EU will be able to reach a fair trade agreement without the need to
impose tariffs on the auto sector. Meanwhile, French President Macron noted that
the two leaders struck a deal to end a feud over France's tax on some tech
giants.
- The Italian political saga continues to bubble, with President Mattarella
extending the M5S/PD talks through Wednesday, as the two parties attempt to
strike an agreement and form a new government. Wires pointed to the two parties
nearing a deal on Monday, but ANSA have noted that the 2020 budget and the
continuation of PM Conte's stewardship continue to present stumbling blocks.
- Final German GDP data, French confidence metrics, comments from ECB's de
Guindos as well as 2-Year German & Italian CTZ supply provide the highlights on
Tuesday.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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