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USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

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  • Commodity markets took the lead from global equities early Tuesday, recovering off the Monday low and trading solidly in positive territory. WTI crude futures managed to retake $71.50/bbl, but the bounce has already begun to fade with WTI just $1/bbl above the week's lows.
  • Gold and silver both trade more positively, with gold now north of Monday's highs and keeping the uptick off $1742.25 intact. Gold now faces resistance at $1777.31 ahead of the Thursday high at $1796.24.