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US TSYS

Stagflation Worry Remains In The Air

AUSSIE 10-YEAR TECHS

(M2) Close to Cycle Lows

AUSSIE 3-YEAR TECHS

(M2) RBA Presses Prices Further

HONG KONG

HKMA Intervenes In HKD

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FOREX
FOREX: Morgan Stanley suggest that "continued Brexit negotiations may capture
investor focus but we retain our bullish GBP and EUR views. We believe a soft
Brexit resolution remains most likely and investors may be unprepared for EUR
and GBP strength on the back of rising US asset vol. We trade accordingly,
staying long European FX like GBP, NOK and SEK, while retaining shorts in highly
indebted DM economies vulnerable to tightening global liquidity."
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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