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COMMODITIES

LEVELS UPDATE: Precious metals up, natgas down

EQUITIES

Asian and European equities in the red

BOND SUMMARY

Pricing out optimism

BOE

BofA Change Their Bank of England Call

BUNDS

Block trade

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JAPAN APRIL IMPORTS +12.8% Y/Y; MARCH +5.8%

JAPAN APR IMPORTS POST 3RD STRAIGHT Y/Y RISE

JAPAN POSTS JPY255.3 BLN TRADE SURPLUS IN APRIL