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CHINA RATES

China Repo Rates Rise on Monday

JGBS

In Line With The Broader Theme

EURO-DOLLAR
EURO-DOLLAR: Rate takes a sharp move lower just ahead of the Wall Street open,
touching $1.2305. Volumes remain relatively light, with just over 100 contracts
traded across the CME on the downtick. Possibly a delayed reaction to the
slowdown in Eurozone CPI this morning twinned with a good opportunity to take
profits on this morning's rally.