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GoCs Bull Flatten


(N2) Remains Below The 50-Day EMA


TD Still Forecast a 400bps Hike in June


Bund through another intraday high


Brent range trading reflected in options

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AUSSIE BONDS: Small curve steepening on the back of the RBA inaction re: ACGB
purchases, leaves YM unchanged and XM -1.5, with the latter threatening a clean
break of the overnight lows.
- There was no tangible reaction in the space to the official Chinese PMI data.
- Previously flagged domestic data releases are due at the bottom of the hour.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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