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German fixed income futures traded a little...>

BUNDS
BUNDS: German fixed income futures traded a little lower overnight on the back
of the optimistic Chinese comments re: the latest U.S.-China trade talks.
- Schatz -1.0 tick, Bobls -7.0 ticks, Bunds -25 ticks.
- This came after much softer than expected factory orders data out of Germany
provided support to the space early Thursday, before Bunds consolidated in the
upper half of their daily range through the afternoon. Elsewhere, the accounts
of the latest ECB MonPol decision provided no notable surprises.
- Local focus today switches to German industrial production data, with one eye
on the latest Eurogroup meeting in Bucharest.
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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