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Most of the action is seen in Equities and FX

CROSS ASSET
  • Govies in Europe and the UK are fairly steady, with most of the early action in Equities and FX.
  • Equities are under decent pressure, with Steoxx futures already dropping 1%, while USD is favoured, acting as a safe haven, and GBP is under renewed pressure on Covid case concerns.
  • Gilts finds a bid

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