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Post-Data

US TSYS
Futures holding mildly weaker levels in shorts to intermediates post-Import/export index data, long end steady to firmer, levels near middle overnight range.
  • Data not expected to be a market mover, focus on headline risk over Fed-speak: vaccine-centric with safety of other jab-makers evaluated after J&J blood clot news Tue; geopolitical on Russia/US tensions related to former's troop buildup on Ukraine border.
  • Getting their face-time in ahead media blackout late Friday, several Fed speakers again today with Chairman Powell at noon: economic club Washington, no text, moderated Q&A.
  • Eye on stocks after making new all-time highs again (eminis 4139.25 this morning but paring gains now) as latest earnings season gets underway, JPM, GS and WF posted this morning.

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