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NFP week

BUNDS
  • NFP week for the markets, and this is where all the attention will be.
  • Bund trades where we traded Friday afternoon, and despite some push higher as we started a new Month/Quarter last week, medium, longer term remains unchanged, with risks to the downside.
  • Very little on the data front to start the week, nothing out of Europe, and for the US, Factory orders is the notable release. Durable Goods will be final reading.
  • We have more speakers scheduled for today, ECB Guindos, Makhlouf, BoE Ramsden, and Fed Bullard.
  • Biden will delivers remarks on the need to raise the debt ceiling, (11.15ET).
  • OPEC+, meet today, and this will be closely watch, after the increased price in Oil.

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