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COMMODITIES

Lumber Breaks Back Above Its 200DMA

BRAZIL

Precatorios Bill Comfortably Passes Senate Vote

EURUSD TECHS

Holding Onto The Bulk Of Recent Gains

PIPELINE

Update Guidance: Daimler Trucks 8Pt, Capital One

CHINA FX
CHINA FX: MNI Analysis finds USD/CNY is no longer a one-way bet:
- Options market analysis shows the PBoC have been successful in injecting
two-way risk into USD/CNY
- Despite pullback in spot, markets continue to position for volatility
- Trump-Xi face-to-face seen as key for medium-term CNY direction
The recent recovery in the CNY (largely prompted by a softening rhetoric on
international trade from the US President) has called into question the
increasingly popular belief that USD/CNY would cross Cny7.00 as soon as the end
of the year.
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