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(U2) More Stable But Still Fragile


Trend Structure Remains Bullish


Cautious Risk Appetite Gains Momentum


Key Support Still Exposed


Late Equity Roundup: 2W Highs

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  • Oil's significant gap higher to open the week has notably weighed on risk across equity and currency markets early Monday, with the risk of a full embargo on Russian oil and gas products looking more likely over the weekend.
  • The extension of EURUSD to the downside has contributed to a 0.65% advance in the dollar index with emerging market FX indices substantially lower as CEE currencies in particular lose significant ground.
  • Using MXN as the barometer for the region, LatAm currencies expected to come under pressure from the open with USDMXN currently up 1.3% from Friday’s close.
MNI London Bureau | +44 020 3983 7893 |
MNI London Bureau | +44 020 3983 7893 |

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