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S&P 500 e-minis trade back from worst...>

MARKET TALK
MARKET TALK: S&P 500 e-minis trade back from worst levels on the day, with the
S&P 500 contract pressing to fresh session highs at typing. Nothing overt in the
way of the headlines thus far, with market conditions thin, and a lack of tier 1
headlines evident since Asia-Pac trade got underway.
- AUD the outperformer now in FX, with the tight S&P 500-AUD/USD correlation
still in play as AUD/USD takes out the Feb 20 high and breaks through $0.6700,
while the USD now trades defensively amongst G10.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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