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MNI Europe Pi (Positioning Indicator): More Longs, More Shorts

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Our latest Europe Pi positioning indicator has just been published and emailed to clients - Full PDF here

  • Structural positioning in European bond futures has shifted only slightly since our last update in early February.
  • There is an increasing bifurcation: two weeks ago there were one long and two shorts with the remainder of contracts flat, whereas now there are two longs and three shorts.
  • Last week's trade saw primarily short setting.


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