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German fixed income futures sit modestly......>

BUNDS
BUNDS: German fixed income futures sit modestly higher on the day, on light
volume, and hover just shy of best levels in the main as the stronger than exp.
Chinese Caixin services PMI allowed risk assets to breathe a sigh of release
(coming on the back of the recent round of contractionary m'fing PMIs out of the
world's second largest economy).
- Schatz +0.005, Bobls +0.050, Bunds +0.13.
- This comes after the soft U.S. ISM m'fing print put a bid into the space on
Thursday afternoon, after German FI struggled earlier in the day.
- Final EZ services PMI data will hit Friday, as well as flash EZ CPI data.
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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